Others News


Govt puts strict terms on pumping capital into PSBs

   11 November 2011 at 13:33

India’s cash-starved government has decided to capitalize public sector banks (PSBs) only if the lenders meet certain strict criteria. The finance ministry wants these banks to come with a five-year road map keeping in mind their capital

Posted in Others |   3369 Views


Moody's cuts Indian banking sector outlook

   10 November 2011 at 16:13

Global rating agency Moodys Investors Service on Wednesday downgraded the outlook on Indias Rs64 trillion banking sector to negative from stable, saying a slowing domestic economy and chaos in global markets could lead to more bad lo

Posted in Others  1 comments |   6225 Views


Indian Banking System is strongly regulated: Mukherjee

   09 November 2011 at 12:38

In order to remove anxiety of inflation and slowdown in global economy, Finance Minister Pranab Mukherjee praised the Indian banking system and said the Indian banking system is strongly regulated. Finance Minister said, “The policies and

Posted in Others |   4233 Views


RBI to hold policy guidance on exchange rate and monetary policy

   09 November 2011 at 12:38

In order to remove anxiety of inflation and slowdown in global economy, Finance Minister Pranab Mukherjee praised the Indian banking system and said the Indian banking system is strongly regulated. Finance Minister said, “The policies and

Posted in Others |   3804 Views


CBEC-Chairman's Message to officers and staff

   09 November 2011 at 11:37

CENTRAL BOARD EXCISE & CUSTOMS (CBEC) My dear brothers and sisters in the department, At the outset, let me express my greetings and best wishes to each one of you and to your family for success in all walks of life. I feel it a privilege

Posted in Others |   5481 Views


Key reformist finance laws all set for passage

   09 November 2011 at 10:36

The UPA government, shrugging aside corruption scandals and political criticism that has paralysed parliament for the better part of this year, has lined up a slew of financial sector legislations which it expects to be passed in the forthcoming

Posted in Others |   3939 Views


ICWAI - President Communique for November, 2011

   08 November 2011 at 18:15

Each era introduces new challenges to the humanity and society. Domain experts and Professionals with their skills and knowledge have become the champions of the key socio-economic transformations in today’s world.

Posted in Others  1 comments |   5520 Views


Will G-20 walk the talk?

   07 November 2011 at 12:36

In the week ahead of the just-concluded meetings of the Group of Twenty (G-20) nations at Cannes, two events unfolded. First, Japan intervened in the currency market to shore up the yen, taking financial markets by surprise. Second, even more unex

Posted in Others  1 comments |   2982 Views


Can microfinance institutions lower their loan rates?

   07 November 2011 at 12:36

India’s Parliament is expected to take up a Bill for discussion in the ensuing winter session that will govern microfinance institutions (MFIs). When it becomes law, the Micro Finance Institutions (Development and Regulation) Bill will give

Posted in Others |   4395 Views


RBI relaxes norms to woo FII investments in infrastructure sector

   05 November 2011 at 15:57

To attract foreign funds in infrastructure, the Reserve Bank of India (RBI) on Thursday made investment in infra debt papers easier. Foreign institutional investors (FIIs) can now sell their investments in infrastructure bonds up to $5 bi

Posted in Others  1 comments |   6678 Views