Banknet India

News and Stories from banknetindia.com

RBI Cancels Licences of two Co-op Banks - (Found June 6, 2008 )

Reserve Bank of India has Cancelled the licences of two Co-operative Banks.
http://www.banknetindia.com/banking/80131.htm

State Bank of India's Q3 net profit up 70% - (Found June 6, 2008 )

State Bank of India (SBI) net income rose to 18.1 billion rupees ($459 million) in the third quarter from Rs 10.65 billion a year earlier.
http://www.banknetindia.com/banking/80124.htm

IMF on dealing with the global financial turmoil - (Found June 6, 2008 )

IMF has outlined actions to address global financial and economic challenges.
http://www.banknetindia.com/banking/80318.htm

Indian Banks and Basel II norms, a study - (Found June 6, 2008 )

With capital adequacy intact, Basel II norms overlooked by NPA ridden Indian banking sector, says a Assocham study.
http://www.banknetindia.com/banking/80319.htm

Use of other bank ATMs in India to be free - (Found June 6, 2008 )

Reserve Bank of India has laid down a framework of uniform service charges for ATM usage.
http://www.banknetindia.com/banking/80317.htm

SBI now has the second largest branch network - (Found June 6, 2008 )

State Bank of India (SBI) has become the second bank in the world to have more than 10,000 branches.
http://www.banknetindia.com/banking/80316.htm

Indian Govt creates Farmers' Debt Relief Fund - (Found June 6, 2008 )

Indian Government creates Farmers' Debt Relief Fund with initial corpus of Rs. 10,000 crore.
http://www.banknetindia.com/banking/80325.htm

Revised norms for classification of banks - (Found June 6, 2008 )

RBI has amended the definition of Tier I banks for regulatory purposes.
http://www.banknetindia.com/banking/coopclassi.htm

BPO sector to strengthen security at workplace - (Found June 6, 2008 )

Nasscom to further strengthen work parctises and security in the Indian BPO sector.
http://www.banknetindia.com/banking/80320.htm

Appointment of NGOs as Micro Insurance Agents - (Found June 6, 2008 )

IRDA has clarified on appointment of NGOs as Micro Insurance Agents.
http://www.banknetindia.com/banking/80321.htm