Sudden decision of Reserve Bank of India (RBI) and Indian Government
to place Global Trust Bank (GTB) under Moratorium has caught more
than 8.5 lakh customers of the bank unaware and shocked.

The moratorium will be effective from the close of business on
Saturday, July 24, 2004 up to and inclusive of October 23, 2004 or an
earlier date. During the period of moratorium, the depositors of the
bank will be permitted to withdraw up to Rs.10,000 from their savings
bank account or current account or any other deposit account.

To read- Notification of Reserve Bank of India, Countdown to collapse
of GTB, What is in store for GTB customers? Clarifications issued by
RBI, Indian Goverment, you can visit:
http://www.banknetindia.com/banking/gtb.htm

The Union Budget 2004-05 has hiked income tax exemption limit to Rs 1
lakh but imposed a 2 per cent education cess on all central taxes.
There is no change in interest rates on small savings schemes.
Government is targetting for 7 to 8 % GDP growth and eliminating
Revenue deficit by 2008-09.

Visit our Special Section on Indian Budget and read the Full Budget
in just 12 clicks. Also read about budget basics, budget glossary
budget highlights, economic survey 2003-04, articles policies, daily
news and join Discussions

Click the following link:

http://www.banknetindia.com/banking/budget.htm

Hello,

If you have a project in Mind.

The National Institute of Agricultural Extension Management
(MANAGE), Hyderabad has to conduct the Agriclinics & Agribusiness
Training Programme for the agrigraduates who have the motivation and
drive to become Agripreneurs. The training is a residential
programme for two months(Free). The successful trainees are expected
to start their own agribusiness ventures, get self-employed,
simultaneously provide agricultural extension services at their own
places .

The Govt of India has given you an opportunity to learn and get
yourself trained for the challenges to be faced as Agripreneurs !
You have to learn the concepts of Marketing Management, Small
Business Management, Agribusiness Management, Project Management,
Financial Management, Information Technology and more to understand
the skills to manage your own agribusiness

You may be taken to various places of business interest. You will
visit huge business units that could provide a great motivation to
dream big and establish your own unit. You may also visit small
business units to gain confidence and strength.

At the end of the training, you must submit a bankable project in
order to help you get some financial help in the form of a loan to
begin your business unit.

A hostel accommodation for only sixty days is provided free of cost
for the trainees during the period of training.

Exclusive three day workshop for banks, financial institutions and
insurance companies on "Building a cost effective business continuity
and disaster recovery framework", is organised from 10th Jun to 12th
Jun 2004 at Taj Lands End, Mumbai.

This workshop has been created by Asia Knowledge in association with
Banknet India, after substantial research and using the model laid
down by RBI and SEBI, covering the latest developments on the Basel
II norms.

Andrew Hiles, workshop leader is one of the world's preeminent
educators and expert on BCP and DRP. Successful completion of this
course will provide delegates with one year 'Affiliate Membership' of
the Business Continuity Institute (BCI). Click following link for
more details

http://www.banknetindia.com/BC_DR.htm

"Best Practices & Challenges in Business Process Outsourcing 2004",
is one-day conference cum two-day training workshop, held from 7th
June to 9th June 2004 at Taj Lands End, Mumbai.

This conference cum training workshop, brought to you by Asia
Knowledge in association with Banknet India, will provide
delegates with a clear strategy and uncomplicated solutions that will
help you look in depth into the growing concerns faced by this sector.

You will have the great opportunity to network with the workshop
leader, Andrew Hiles , one of the world's preeminent educators
and experts. For more details click following link-
http://www.banknetindia.com/bpoworkshop.htm

"Doing Business in India" is the only comprehensive & updated
reference guide, which is available in PDF format & edited by senior
professionals. It has been bought by foreign Investors, consultants,
bankers, finance professionals, foreign corporates & NRIs from 22
countries, including India. Book covers nearly all the information,
one will ever require.It has 13 chapters, 81 sections, 7 annexures,
38 tables & charts.

It covers- Economic Scenario, Political & Legal Regulations,
Infrastructure, Taxation, Accounting & Auditing, Employment Issues,
Business & Investment Guidelines, Market Entry Strategy, Setting Up
Operation in India, Indian Business Culture, Visa Guide Web-Site of
States,Ministries And Departments and Contact Details & much more.
For more details & special 15% discount, click at:

http://www.banknetindia.com/books/business.htm

PS: Banknet India promoted & managed by senior bankers is an IT
focused banking research company. Banknet India brings out
publications & reports specific to Banking, IT, BPO industry based on
extensive industry research & surveys. Publications are
written/edited by senior industry professionals.

Visit India's only Banking & Technology Portal at:
http://www.banknetindia.com

Dear Sir / Madam,

I am working on a project - M&A in Indian Banking Industry. I wish to get
insight of the people from the industry and conducting an online survey for
the same. The link given will guide you to the survey questionnaire.

http://vista-survey.com/s/7426710970.htm

I request you to please fill the survey questionnaire. Views requested in
the survey would be treated as the personal opinion and not of the
organization.

Thanking you in anticipation of the favor and looking forward to your
cooperation.

With Best Regards,


Ashish Bagadia
(Sydenham Institute of Management)


[Non-text portions of this message have been removed]

We are pleased to advise that a Seminar on "BPO IN THE FINANCIAL
SECTOR- CHALLENGES & OPPORTUNITIES" is being organised by Indian
Institute of Banking & Finance in association with Banknet India on
the 5th March 2004.

Participation in Seminar is Free, but strictly on invitation for Top
Executives, preferably CEO, COO, Heads of HR, Training & Business
Development from from BPO/ITES/Call Center Companies.

Speakers are Senior Professionals from Banks, Insurance Company,
Mutual Funds & BPO. Seminar will also include an Open Question/Answer
Forum for participants & will be followed by Lunch.

The participants attending this Seminar will have an opportunity to
interact with the experts in the fields of banking, finance,
insurance, Mutual Funds. Participants will get an insight into the
key success factors affecting BPO Companies, factors that affect the
decision-making process in outsourcing of work to third parties and
future perspective on BPO, given the changing competitive and
regulatory environment

Please e-mail at associate@..., name of the delegates
with Designation & Functional Area, Email and contact details before
27th Feb 2004, to enable us to forward you the registration form.

Best Regards,

NOTE: Banknet India's "Report & Whitepaper on BPO" & "How & Why of
Outsourcing" & "Doing Business in India" have been sold in more than
20 countries. For more details click below:
http://www.banknetindia.com/books/list.htm

Visit us at: http://www.banknetindia.com

The Interim Budget for 2004-05 has merged 50 per cent of Dearness
Allowance with basic pay for central Government employees. However,
no changes in the Income Tax structure were proposed....

Government has announced `mini exim policy'. According to Commerce
Minister, these announcements are only `procedural changes' to fine
tune the 2002-07 EXIM Policy...

The rupee is likely to touch 43.50 & foreign exchange reserves are
expected to reach $114 billion to $115 billion by the end of calendar
2004...

Government has allowed citizens to freely remit up to $25,000 a year
overseas and the Indian companies to invest up to 100 per cent of
their net worth abroad...

RBI has issued guidelines for transfer/ allotment of shares in
private banks....

Indian banks are running high costs in retail business & need to
rationalise....

Prime lending rates of banks are moving downwards...

READ UPDATED & DETAILED STORIES/NEWS DAILY AT:

http://www.banknetindia.com/banking/bn11299.htm

Doing Business in India" is the only comprehensive & updated
reference guide (Edition- September 2003), available in PDF format
edited by senior professionals from India. It has been bought by
foreign Investors, consultants, bankers, finance professionals,
foreign corporates & NRIs from 22 countries, including India. Book
covers nearly all the information, one will ever require.It has 13
chapters, 81 sections, 7 annexures, 38 tables & charts.

It covers- Economic Scenario, Political & Legal Regulations,
Infrastructure, Taxation, Accounting & Auditing, Employment Issues,
Business & Investment Guidelines, Market Entry Strategy, Setting Up
Operation in India, Indian Business Culture, Visa Guide Web-Site of
States,Ministries And Departments and Contact Details & much more.
For more details & special 15% discount, click at:

http://www.banknetindia.com/books/business.htm

PS: Banknet India promoted & managed by senior bankers is an IT
focused banking research company. Banknet India brings out
publications & reports specific to Banking, IT, BPO industry based on
extensive industry research & surveys. Publications are
written/edited by senior industry professionals.

Visit  India's only Banking & Technology Portal at:
http://www.banknetindia.com

Hi,
I am CA (Inter) and CS(Inter).
I am interested in career in Investment Bankinig.
But I do not know much about this field. Can you please advise me on following
questions.

1) What are the courses available in India (or Distance Learning abroad) on
Investment Banking (Other than ICFAI's PG Diploma)
2) How  can a Fresher start  career in Investment Banking ?
3) How are the job oppurtunities in Investment Banking for a fresh CA and CS
4) What is value of ICFAI's course on Investment Banking.

Please tell me your views.
Thanks.

Nikhil




---------------------------------
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Find out what made the Top Yahoo! Searches of 2003

[Non-text portions of this message have been removed]

hi
i am harsh doing mba finance from lucknow university how i can equip
myself so that i can get good opening in future in financial services
outsourcing that is likely to be outsourced to india in future?

im doing mba finance how can i make career as investement analyst or
portfolio manager?
thanks
harsh

Dear Sir,
I am an Engineer and selectrd as PO in SBI.Please suggest which is
better gov. Engineer or SBI probationary officer(main stream). Please
send ur advice as soon as possible.
Thanks and Best Regards.

Banknet India has released "Report & White Paper on BPO in the
Financial Sector", at FICCI's Global Banking Conference at Oberoi
Towers, Mumbai, India. This Report also covers the findings of
the "Financial BPO Survey 2003" conducted by Banknet India. Survey
participants included 34 Indian & foreign BPO/ITES companies and 14
senior bankers from major banks in India.

This is the first report of its kind from India & will provide ready
information to all those who need it- BPO/ITES companies, Financial
institutions including banks, consultants & finance/IT professionals.
It will also prove very useful for the entrepreneurs/ companies
planning a foray into BPO sector as well as the academicians,
students etc. This Report & White Paper will help in understanding
the trends, opportunity areas, markets, issues & challenges in the
financial BPO sector. Details at:
http://www.banknetindia.com/books/surveybpo.htm

PS: Banknet India promoted & managed by senior bankers is an IT
focused banking research & marketing consultancy. Banknet India
brings out publications & reports specific to Banking, IT, BPO
industry based on extensive industry research & surveys. Publications
are written/edited by senior industry professionals.Banknet India
provides consultancy services to Banks, BPO/ITES & IT companies & has
more than 50 clients.

Publications available online at special prices at:
http://www.banknetindia.com/books/list.htm

Reserve Bank of India has fixed the interest rates on NRE deposits by
capping it at 250 bp(2.50 per cent) above the London Inter Bank Offer
Rate (LIBOR)/SWAP rates for corresponding maturity for one to three
years. The new rates will be effective from July 17 and will be
applicable to fresh deposits and deposits renewed after their present
maturity. The rates on Foreign Currency Non-Resident deposit,
however, remains unchanged at 25 basis points minus LIBOR/SWAP of the
corresponding maturity. NRE deposits received during the month will
be offered a rate at 250 basis points over the Libor ruling at the
end of previous month.

Earlier, the banks had the discretion to charge the interest rates
which had resulted in some banks offering very high rates to attract
NRI deposits. Most commercial banks used to offer 5 per cent interest
on NRE term deposits in the 1-3 year tenor and around 5.25 per cent
for deposits over three years. However with the cap, the banks could
pay only 3.70 per cent for deposits in the 1-3 year maturity.

Source: Banknet India's "Handbook for NRIs, PIOs & OCBs", edited by
Senior Bankers, is invaluable reference tool and ready reckoner for
the Non Resident community (NRIs/PIOs/OCBs)
Click here for more details:
http://www.banknetindia.com/books/handbook.htm

Hi all,

I am a student of MBA at IIT-Roorkee and am currently pursuing a study of smart
cards and applications desired by the urban consumers along with their
credit/debit facilities in their respective cards.

For the same, I have developed a very small one page questionnaire of 8
questions which is needed to be filled online.I am doing a survey of the whole
nation's urban consumer.

I'll be grateful if you please take out 2 minutes from your busy schedules and
fill my form. Obviously without your support and guidance, my analysis would be
incomplete. Please forward the link of the form to your friends and colleagues
also.

Link of the form is :
www.geocities.com/iitr_vinayak/index.htm

This project is of utmost importance to me as it carries a considerable
weightage in my next semester. I hope I'll get whatever help needed.

Thanking you all in anticipation.

Regards

Vinayak Arora
Department of Management Studies
Indian Institute of Technology-Roorkee.




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[Non-text portions of this message have been removed]

Hello Everybody....
    I am Raghavendra working as a software programmer in an Finland
based company in Mysore. We are currently in a process of developing a
eCommerse site where trading(Buying and selling is done) via credit cards.

   Can any one please get me more information('s) REGARDING HOW
INTERNATIONAL CREDIT CARD TRADES ARE DONE? (Step-by-Step)

   Please do let me know as soon as possible.


Thanking you

Raghavendra

We are pleased to advise that Banknet India is bringing out Report on
Financial BPO 2003, which will also include the White Paper on
Financial BPO Survey 2003* and will be India's first reference report
on Business Process Outsourcing in the Financial Sector.

Listing in the Report on Financial BPO 2003, will provide the BPO
companies & consulting firms, the most focused means of building up
visibility in the Banking, Finance & Insurance & Technology Industry
worldwide. Report will reach a specified target audience in the BFSI
& technology industry including major investment banks & consultants
focused on BPO. It will be available in both hardcopy & softcopy (PDF
format) and will also be marketed worldwide by Top banking &
technology portals from Europe & Asean etc.

Around 600 copies of the Report are earmarked for free distribution.
It will also be send free to CEO/Chairman of 110 Banking Institutes
in 88 countries. Banknet India will also distribute/market the report
at the forthcoming major Conferences, Seminars & Exhibitions related
to banking, finance, insurance & technology including FICCI's global
conferences on Banking & Insurance.

Kindly note that bookings close on the 10th July 2003. You can
contact us at associate@... for more details

More details available at:
http://www.banknetindia.com/books/surveybpo.htm


Regards,

Banknet India

PS: *35 Companies, which have participated in Banknet India's
Financial BPO Survey 2003 include: WNS, Daksh eServices, EXL
Services, HCL Technologies, GTL Ltd, MsourcE, ICICI OneSource, First
Ring, Progeon, NeoIT, Intelenet, Optimus, i-flex solutions, Infowavz,
Intellvisions, TransWorks, e-serve Int, India Life Hewitt,
Crossdomain, i-Seva Systems, Allsec Technologies, Aptech, Karvy
Consultants, Onward Technologies, Amex Information, Kshema
Technologies, Lipi Data, Kale Consultants, Zenith Software, etc

Dear Friends

Hi

I am a research scholar at Indian Institute of Management Calcutta. I am
conducting an academic study of "Knowledge Sharing Behavior in Organizations"
using email based survey questionnaire. Around 1000 responses are required. I
desperately need your responses to the questionnaire. I request you to kindly
click at the following website for filling up the survey questionnaire. It
should take around 15 minutes of your precious time.

http://www.geocities.com/saraswat_manish/iq.html

Thanks a lot. Your response is very important to me.


Regards
Manish Kumar
Research Scholar/MIS
IIM Calcutta


[Non-text portions of this message have been removed]

As regulations are changing almost everyday, one always has a doubt
as to the authenticity of the information as well its applicability
at the time of use. The information available in various places
regarding NRIs is generally found to be contradictory, as it has not
been updated.

In view of longstanding demand from non resident members, Banknet
India has launched "Investments & Deposits in India-A Handbook for
NRIs, PIOs & OCBs". This handbook edited by Senior Bankers, including
those who have worked in the Reserve Bank of India &; Treasury of
Banks, provides updated & authentic information at one place.
Further, the subscribers of the handbook will get free updates for 3
months. This will ensure that subscribers will not have to worry
about the authenticity or applicability of the regulations. The Non
Resident community (NRIs/PIOs/OCBs) will find this an invaluable
reference tool and ready reckoner.

This Handbook is divided in 6 Chapters has 32 subsections &; 2
annexures. Handbook provides various definitions, detailed note on
all the different types of accounts including rules regarding
repatriation; detailed account of all the Investment options
available to the NRIs both on repatriation and non repatriation
basis. Foreign direct investment both under the Automatic Route as
well as Foreign Technical collaborations, issue related to ADRs /
GDRs, Portfolio Investments, Acquisition of immovable property,
various type of loans, facilities for insurance, education, visa
rules, Tax concessions etc. Handbook also covers the facilities
available to returning Indians, Arbitrage opportunities, Internet
Banking &; about PIO Cards.

Under Arbitrage Opportunities, it also guides Non residents to earn
4.5% Return on USD Deposits, 5.7% Return on GBP Deposits, 4.6% Return
on EURO Deposits

For more details click at:
http://www.banknetindia.com/books/handbook.htm

The objective of this "Financial BPO survey 2003" is to
identify the major players in the BPO (ITES) sector providing
services to Banking, Finance & Insurance (BFSI) Sector & find the
operational areas, where BFSI sector is looking for outsourcing the
services.Click here for details & list of 30+ Major BPO Companies who
have already participated in the survey-
http://www.banknetindia.com/books/surveybpo.htm

Companies participating in the Survey will be provided with a free
copy of White Paper on the findings of the survey along-with a
mention in the report. This Survey closes on the 12th May 2003. If
you are interested in participating in Financial BPO Survey, mail us
immediately with your contact details at "associate@..."

Dear Member

We invite you to join State Bank Alumni Group. This group is for
those who have worked at some stage of their career in State Bank of
India, State Bank Associate Banks & other Group Subsidiaries.

Our objective is to help reconnect & re-unite all the ex-State Bank
Group bankers by facilitating communication. State Bank Alumni will
provide the platform to you for new business opportunities,
networking, market intelligence and career enhancements. You can
communicate reunions, exchange photos & files, post messages, chat
and catch up on the old times & get invited to alumni get-togethers &
conferences at major cities.

Click here visit the Group & Join
http://groups.yahoo.com/group/statebankalumni


Regards,

Banknet India

FREE Online Newsletter with round-up of banking, finance, insurance &
technology at:
http://www.banknetindia.com/html/freereg.htm

On occasion of our 3rd Anniversary, we invite you to participate in
the following first of it's kind online surveys & get free survey
reports:

1.Survey of the Websites of Banks operating in India

In another first, Banknet India has undertaken Ranking of Websites of
the Banks operating in India. However to find general trends in the
matter, we would like to have feedback from the users on what they
look for in these Web-sites. (It covers Websites all Public sector,
Private sector, Cooperative & Foreign Banks)

We invite all of you to provide your feedback on the online
questionnaire, click here...
http://www.banknetindia.com/wsurvey.htm


2. Career in Banking Industry

How to enter Banking Industry & make it to the Top? For Insights into
needs of Banking industry and skills you require to enter & make it
to the top, Banknet India has undertaken first of it's kind survey on
some of the core issues.

We invite bankers, ex-bankers & recruiters specialising in banking to
share their views on the online questionnaire, click here...
http://www.banknetindia.com/bsurvey.htm


In view of large number of responses, we plan to close these surveys
by the 15th January 2002. So hurry to get free survey reports.

Regards,

BanknetIndia.com

PS: Discounts of up to 60% on exclusive publications on banking,
insurance & technology: http://www.banknetindia.com/books/list.htm

Hi,
I am Karthik from India and we are planning to start a financial
website.I need advice about it from financial consultants.Please help.

Thanks.

We are pleased to advise that www.banknetindia.com has announced
SPECIAL FESTIVAL DISCOUNTS (for limited period). You can make online
payments for books/services in real time through credit cards (both
Indian & International) & your net-banking accounts, in addition to
paying through drafts.

(A) ONLINE BOOK STORE

1.White Paper on Banking Systems available at 30% discount..

2.Reference Guide on Banking & Technology Industry available at +20%
discount..

3.Round up of Banking, Finance & Insurance Industry available at 20%
discount..

4.Directory of Top 50 Employers available at 20% discount

5.Banknet Special available at 60% discount..

http://www.banknetindia.com/books/list.htm

(B) JOB ALERT MAIL:

To stay ahead, you need to know all the possible opportunities in the
job market. Job Alert Mail provides you timely news of job openings
in your mail box directly. Job alert mail available at 20% discount
with "Free Directory of Top 50 Employers"  ..

http://www.banknetindia.com/jobs/jregintro.htm

We are glad to announce launch of online "Directory of IT Companies"-
focused on Banking, finance & insurance industry. The objective of
launching this directory is to provide information of  large number
of IT/Software Companies on www.banknetindia.com, India's Top Banking
Technology Portal. Click to visit "Directory of IT Companies":
http://www.banknetindia.com/banking/itlist.htm

Dear Member,

We are pleased to announce launch of  "Banknet Book Store".
You can
now make online payments for books in real time through credit cards
(both Indian & International) & your net-banking accounts, in
addition to buying books through cash & drafts.

Cards accepted are MasterCard, Visa, American Express, Diners Club
International, Citibank e-Cards, JCB Cards. Payments can also be made
through net-banking accounts of Citibank, Centurion Bank, HDFC Bank,
ICICI Bank, IDBI Bank, UTI Bank.

"Banknet Book Store" will regularly add quality books,
publications
from other publishers & authors in the areas of banking, finance,
management & technology. Banknet India also invites senior
professionals to contact us for publishing books in the above areas.

Click here to visit the "Banknet Book Store":
http://www.banknetindia.com/books/list.htm

Regards,

Banknet India
Ps: If you are a senior IT Professional then get a free summary of
""Banknet India- Report on Banking & Technology Industry in
China" by
participating in our "IT Destinations Survey 2002-03 " at:
http://www.banknetindia.com/books/survey2.htm

Dear Sir,

We are glad to advice release of "Banknet Directory 2002-03" & "White
Paper on Banking Systems". Our "White Paper on Banking Systems" was
released at  National IT Conference for Banks, Financial Services,
and Insurance Industry (IT@BFSI 2002) organised by the Nasscom & IBA
(Indian Banks' Association) on 26th July 2002 at Mumbai.We are sure
that Banknet Directory & White Paper will be of great value to you.

Limited copies of White paper are now available  to only  subscribers
of Banknet Directory. However, as a special offer, we are giving
White paper free with Banknet Directory if you book Banknet Directory
before 15th August.

Click here to read about Banknet Directory 2002-03 & White Paper on
Banking Systems:
http://www.banknetindia.com/books/list.htm

Click here to get Free White Paper with Banknet Directory:
http://www.banknetindia.com/books/order1.htm

Books can also be collected against cash from our Publications
division, 307, Filmcity house, Raut lane, near ISKCON, Juhu, Mumbai
on weekdays between 10 AM to 5 PM.

Regards,

Banknet India
PS: Banknet Directory, first publication of it's kind is a reference
guide for banks & IT Cos & industry professionals for their banking
technology related information. The directory also assists in finding
the best potential available for Joint Ventures, Strategic alliances,
Marketing Alliances, Joint Product Development etc in Banking
Technology Industry. Divided in 5 parts, it has listing of major IT
Companies, complete directory of all banks in India, IT act, Internet
Banking guidelines, Developments in Banking & Technology & IT related
Security Issues in Indian banks etc.




www.banknetindia.com    building bridges between banking & IT industry

Dear Member,

We are pleased to advise release of 2nd Edition of our Year Book.Our
First edition got very good response from professionals, premier
research, training, management institutes , banks & major
consultancies.

"BANKNET YEAR BOOK 2001-02" is not only useful for the professionals
from the banking, finance, insurance IT industry but also a good
reference book, for chartered accountants/NRIs, corporates, students,
academicians, consultants etc.

Banknet-Year Book includes Banking & Finance News, Bank Results,
Policy News, Major Market Deals & News, Major Banking Products,
Global News, Insurance News, Major Insurance Products, Directory of
Insurance Cos ,Indian Newsmakers & Banking Abbreviations.

"SPECIAL OFFER FOR NEXT 50 BOOKINGS"
1.FIRST EDITION OF YEAR BOOK 2000-01 WORTH RS 250 IN ONLY RS 100
2.10% DISCOUNT ON BUYING 2 OR MORE COPIES.
3.FREE HOME DELIVERY IN INDIA.

For more details/booking click here
http://www.banknetindia.com/books/special.htm

Kindly note that Banknet Year Book 2001-02 is a limited copy
exclusive edition & is available only at www.banknetindia.com. This
book is not available for sale elsewhere.

Regards,

Banknet India