News and Stories from banknetindia.com
RSS FEED IDEMS: Banknet India
- Puducherry to get a Regional Rural Bank
Indian Union Territory of Puducherry will get a Regional Rural Bank, sponsored by Indian Bank.
- Norms announced for Letters of Comfort by banks
RBI has announced prudential norms for issuance of Letters of Comfort (Loc) by Indian banks to their subsidiaries.
- Indian fiscal improvement remains firmly in place
Indian budget suggests that fiscal improvement remains firmly in place, but are slower than expected, says Fitch Ratings.
- Indian Industry Associations welcome Budget 2008
Industry associations have generally welcomed Indian Union Budget 2008-09.
- Indian IT-BPO industry disappointed with Budget 2008
Indian IT-BPO industry has expressed their disappointment with the Indian Union Budget 2008.
- Finance Minister presents Indian Union Budget 2008
Finance Minister, Shri P. Chidambaram presented Indian Union Budget 2008 on 29th February 2008.
- Optimism, but with caution as the watchword
Optimism, but with caution is the watchword of Indian Economic Survey 2007-08, says Finance Minister, Shri P. Chidambaram.
- Indian Economic Survey tabled in Parliament
Indian Economic Survey 2007-08 presented on 28th February 2008 has projected GDP growth to be 8.7%.
- Despite populist overtones,a good budget
Despite the populist overtones due to compulsions of election, Indian Railway Budget 2008-09 is a good budget.
- Fitch Ratings on HDFC Bank affirmed
Fitch Ratings has affirmed HDFC Bank ratings post merger announcement.
- Indian Railway Budget 2008-09 presented
Shri Lalu Prasad has presented Indian Railway Budget at Lok Sabha (Parliament) on 26th February 2008.
- HDFC Bank Rating unaffected by proposed merger
Standard and Poor's ratings and outlook on India's HDFC Bank not immediately affected by proposed merger.
- HDFC Bank to acquire Centurion Bank of Punjab
HDFC Bank Board has approved the acquisition of Centurion Bank of Punjab.Share swap ratio fixed at 1:29.
- Nation wide two day bank strike in India
Banking services will be paralyzed on 25th and 26th February 2008, due to strike of bank officers and employees.
- Indian IT Cos are hiring more but paying less
Thinning margins are resulting in lesser employee pay packages at IT Companies, according to a study.