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...
Hi Everybody! Thousands of kilometers away from our native place India we feel proud of our culture. We feel proud of Vedas. While searching the net for Vedas...
Hi Everybody If a NRI fixed deposit is cancelled with in 6 months , is it true that bank will take back all the interest paid (if it is 5th month too). Is it...
Banknet India's, "A Handbook for NRIs, PIOs & OCBs" is an invaluable reference tool and ready reckoner. This handbook edited by Senior Bankers, including those...
Banknet India has released "Report & White Paper on BPO in the Financial Sector", at FICCI's Global Banking Conference at Oberoi Towers, Mumbai, India (25-27...
Banknet India has simultaneously released "How & Why of Outsourcing- A Manual for both Client & Provider". This Manual has drawn from the findings &...
RBI has allowed investments by NRIs or Persons of Indian Origin (PIOs) in the capital of an entity or a proporietary concern on a non- repatriation basis. It...
Indian students studying abroad will henceforth be treated as NRIs under the Foreign Exchange Management Act. They will be eligible for receiving remittances...
The Government of India has awarded the Pravasi Bharatiya Samman (award) to astronaut Kalpana Chawla and eleven other Non Resident Indians and Persons of...
"Doing Business in India" is the only comprehensive & updated reference guide (Edition- September 2003), which is available in PDF format & edited by senior...
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...
Seminar on BPO in the Financial Sector- Challenges & Opportunities, is being organized by IIBF in association with Banknet India, on the 5th March 2004....
Sir/Madam, I' am a student doing my first year of B.Tech- Industrial Bio-technology and going to enter the second year during the academic year 2004-2005. I...
"Doing Business in India" is the only comprehensive & updated reference guide, which is available in PDF format & edited by senior professionals. It has been...
"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...
Volume IV Issue 1 May 12, 2004 I received an interesting report 'India Outlook 2004-05' prepared by Asian Development Bank. Quote The medium-term economic...
Exclusive three day workshop for banks, financial institutions and insurance companies on "Building a cost effective business continuity and disaster recovery...
Hi, In reply to your question, yes it does happen that no interest is paid. The reason for this is the partial convertibility of the rupee against foreign...
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...
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...
Banknet India has released the second edition of "NRI's Handbook for Banking & Investments", updated up to July 2004. The first edition of NRI's Handbook was a...
An exclusive club for bankers has been recently launched. Banknet Club's objective is to serve the informational, networking, career, educational and leisure...
Seminar on "IT for Banks - International Trends, Best Practices & Singapore Experience" is organized by IDA, Singapore in association with Banknet India....
Credit Policy announced by Reserve Bank of India, today, signals stability and growth. Ceiling on Interest Rates on NRE Deposits raised by 50 basis points over...
Hi, This seems to be the Right group, which can help. I would like to know the opinion about the banks, which are offering NRE/NRO services, I am interested to...
Banknet India invites you to participate in "India Banking Summit"- 7-8 December 2004, Renaissance Hotel and Convention Centre, Mumbai. India Banking Summit,...
Banknet India, a research company focusing on IT deployment in the banking industry has released it's second White Paper on Banking Systems 2004, at the India...
Banknet India is organizing the CTO Summit on Monday, February 21, 2005 at Taj President, Cuffe Parade, Mumbai, India. CTO Summit will bring together around 30...
Banknet India's CTO Summit held on 21st February 2005 brought together 28 CTOs, CEOs and Business heads from 15 banks and 5 IT companies to discuss the role of...
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