Banknet India

News and Stories from banknetindia.com

Indian Government completes the Budgetary Exercise - (Found June 6, 2008 )

The Finance Bill, 2008 receives the assent of the President of India and both the Houses of Parliament.
http://www.banknetindia.com/banking/budget820.htm

Banknet institutes Excellence Awards for bankers - (Found June 6, 2008 )

Banknet Excellence Awards to be launched at CTO-CXO Summit on 15th May 2008 at Mumbai.
http://www.banknetindia.com/banking/awards_press1.htm

Defaults in U.S. to accelerate through 2008 - (Found June 6, 2008 )

U.S. Corporate defaults rev up as leverage unwinds says Standard and Poor's
http://www.banknetindia.com/banking/80511.htm

Fitch affirms ratings of State Bank of India - (Found June 6, 2008 )

Fitch Ratings has affirmed the ratings of State Bank of India (SBI) with stable outlook.
http://www.banknetindia.com/banking/80515.htm

Robust growth expected in Indian service economy - (Found June 6, 2008 )

KPMG Business Outlook Survey anticipates robust growth in the Indian service economy.
http://www.banknetindia.com/banking/80516.htm

Two more states sign MOU with RBI - (Found June 6, 2008 )

Meghalaya and Manipur sign MOU with Reserve Bank of India for Urban Cooperative Banks.
http://www.banknetindia.com/banking/80518.htm

Credit outlook for the Indian banking system is stable - (Found June 6, 2008 )

Fundamental credit outlook for the Indian banking system is stable, says Moody's Investors Service.
http://www.banknetindia.com/banking/80612.htm

RBI has liberalized the overseas investment norms - (Found June 6, 2008 )

RBI has rationalisation the overseas investment norms for energy and natural resources sectors.
http://www.banknetindia.com/banking/80611.htm

Indian Service sector now eligible for ECBs - (Found June 6, 2008 )

Borrowers in the Indian service sector are now eligible to avail External Commercial Borrowings.
http://www.banknetindia.com/banking/ecb0608.htm

External Commercial Borrowings Policy Liberalised - (Found June 6, 2008 )

Indian Government has relaxed norms for External Commercial Borrowings (ECBs).
http://www.banknetindia.com/banking/ecbmay08.htm