News of Myfaridabad Forum

ICICI Bank's British subsidiary has launched a special remittance account called HiSave, which is an online savings account designed specifically for money transfers to India.



Fri, 21 Jun 2013 03:49:26 GMT
Read more here... http://businesstoday.feedsportal.com/c/ ... tory01.htm

In order to give effect to the proposal, EPFO has called a meeting of all zonal heads on July 5, to draw an action plan.



Wed, 19 Jun 2013 12:40:24 GMT
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Criticising RBI's move to not cut key rates in its latest policy review, CREDAI Chairman Lalit Kumar Jain said the no-change approach will lead to an irreversible economic slowdown.



Tue, 18 Jun 2013 07:22:51 GMT
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In the mid-quarter policy review, RBI kept key interest rates unchanged.

Mon, 17 Jun 2013 10:47:38 GMT
Read more here... http://www.financialexpress.com/news/cr ... n/1130127/

The central bank had reduced key policy rate (repo rate) by 0.75 per cent during the last three monetary policy announcements.



Mon, 17 Jun 2013 06:49:39 GMT
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Despite falling inflation in the recent months, the central bank has left the repo rate unchanged at 7.25 per cent and cash reserve ratio at 4 per cent.



Mon, 17 Jun 2013 05:57:54 GMT
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Despite falling inflation in the recent months, the central bank has left the repo rate unchanged at 7.25 per cent and cash reserve ratio at 4 per cent.



Mon, 17 Jun 2013 05:57:54 GMT
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The State Bank of India has said if the apex bank cannot reduce CRR rate, which is a must for lending rate cuts by banks, they should pay interest on cash reserves that banks park with the monetary authority.



Mon, 17 Jun 2013 03:31:33 GMT
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The State Bank of India has said if the apex bank cannot reduce CRR rate, which is a must for lending rate cuts by banks, they should pay interest on cash reserves that banks park with the monetary authority.



Mon, 17 Jun 2013 03:31:33 GMT
Read more here... http://businesstoday.feedsportal.com/c/ ... tory01.htm

All eyes will be on Reserve Bank of India (RBI) governor D. Subbarao on Monday as India Inc and commercial banks look forward to an easing of the monetary policy so that more money becomes available in the system at lower rates of interest to rev up the economy.



Mon, 17 Jun 2013 02:40:32 GMT
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