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...
Banks authorised to deal in foreign exchange in India may now permit a resident power of attorney holder to remit, through normal banking channels, funds out...
Banknet India's conference on Payment Systems in Banks- Challenges and Opportunities, the only event focused on issues and technology related to payment...
Banknet India's Conference on Payment Systems in Banks on the 20th May 2005 at Taj Lands End, Mumbai will bring Reserve Bank of India, major banks and...
Banknet India and India's Top 10 Management Institute Narsee Monjee Institute of Management Studies (NMIMS) are jointly conducting Management Development...
We invite you to participate in Bank Tech Summit, an International Conference & Exhibition, organized by Banknet India on the 22nd Sept 2005 at Taj Lands End,...
Today, the role of IT has become so integrated and pervasive with banking that it becomes necessary to mitigate the operational risks arising out of failure of...
The State Bank of India (SBI) has launched number of deposit schemes to attract India Millennium Deposit (IMD) holders to reinvest their money in the country....
Banknet India's Conference on Payment Systems in Banks on 17th January 2006 will be the largest gathering of bankers ever in a Banking Conference in India....
Top Management of Reserve Bank of India, IDRBT and senior officials from 100 Banks and FIs will come together at Banknet India's Conference on Payment Systems...
Reserve Bank of India in its Third Quarter Review of Annual Monetary Policy for the Year 2005-06, has kept Bank Rate unchanged at 6.0 per cent and Cash Reserve...
With hike of interest rates by State Bank of India, the largest Indian Bank, housing loans are going to become costlier across the Indian banking sector. Real...
Banknet India's Second Annual CTO Summit- Transforming Through Technology" on the 10th May 2006 at Taj Lands End, Mumbai, India will bring together the largest...
RBI has decided that the interest rate ceiling with respect to FCNR(B) deposits be increased by 25 basis points. Accordingly, the interest rates on FCNR(B)...
Banknet India's Annual CTO Summit on 10th May 2006 at Taj Lands End, Mumbai will discuss how to effectively use IT in banks to manage regulatory requirements,...
Dear Members, I am an NRI. I sent money to India 3 years ago to a NRO account. From the NRO account, the money was deposited into Post Office deposit. The PO...
Support the cause - sign the petition _____ From: Manish Syal [mailto:manish.syal@...] Sent: Monday, May 22, 2006 1:10 PM To: Pooja Shah Subject: Ban...
Banknet India brought together prominent speakers from major banks, IIM Ahmedabad and global IT companies at the Second Annual CTO Summit on 10th May'06 to...
Banknet India is organizing Second International Bank Tech Summit on 21st September 2006 to provide a platform for knowledge sharing and networking for...
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