Speech by the Commercial Secretary to the Treasury, Lord Sassoon, at the India International Banking & Finance SummitTuesday, July 19, 2011 @ 9:05AMThank you for inviting me to speak today, I’m very pleased to be speaking on banking and finance in the context of such an important relationship as that between the UK and India.
Sebi issues moneylaundering warning on 10 nationsTuesday, July 19, 2011 @ 8:02AMAfter cautioning Indian markets about possible money laundering and terror-funding risks from Iran and North Korea, market regulator Sebi has issued a warning for funds from eight more countries, including Turkey and Ethiopia.
Sensex ends up 130 ptsTuesday, July 19, 2011 @ 5:20AMThe Sensex ended (provisional) at 18,637 - up 130 points. Nifty ends up 39 points at 5,607. _____________________________ (Updated at 1436 hrs)
Bankers urge Reserve Bank to pause interest rate hikeMonday, July 18, 2011 @ 6:43PMBankers, who are fighting slowing credit growth, urged the Reserve Bank of India on Monday to pause rate hikes when it announces the quarterly credit and monetary policy on July 26.
RBI branch bait for banksMonday, July 18, 2011 @ 5:42PMMumbai, July 18: The Reserve Bank of India (RBI) today dangled a bait before commercial banks by offering permission to open branches in lucrative Tier I and Tier 2 centres if they open more than the mandated 25 per cent of all new branches in unbanked rural centres.
Banks urge RBI not to hike key ratesMonday, July 18, 2011 @ 3:26PMLenders have asked the Reserve Bank of India to take a pause and not hike interest rates in its monetary policy review next week as bank credit has already seen some moderation.
Banks tap RBI's MSF to borrow funds to meet their CRMonday, July 18, 2011 @ 2:52PMBanks tap RBI's MSF to borrow funds to meet their CRBanks tap RBI's MSF to borrow funds to meet their CR
Sensex dips 55 pts on rate hike fears, weak global cuesMonday, July 18, 2011 @ 9:39AMAgencies Mumbai, July 18: The BSE benchmark Sensex on Monday fell by 55 points as investors feared another hike in interest rates when RBI reviews the inflation situation next week amid a weak global trend.
Sensex dips 55 pts on rate hike fears, weak global cuesMonday, July 18, 2011 @ 9:39AMAgencies Mumbai, July 18: The BSE benchmark Sensex on Monday fell by 55 points as investors feared another hike in interest rates when RBI reviews the inflation situation next week amid a weak global trend.