Noticing the expanding influence of the economies of China and India among the Asian economies, the Asian Development Bank (ADB) decided to encourage and support deals denominated in...
With an objective to give impetus to the National Pension System (NPS), the Pension Fund Regulatory and Development Authority (PFRDA) eased norms for registration of pension fund managers....
Securities and Exchange Board of India (SEBI) granted permission to MCX Stock Exchange (MCX-SX) to function as a full-fledged stock exchange, What effect this decision will bring ?...
The Reserve Bank of India has allowed companies to continue to buy back foreign currency convertible bonds (FCCBs) under the approval route. The central bank will consider proposals...
Person in News: Bob Diamond Bob Diamond, Barclays Chief Executive resigned. Mr. Diamond and COO Jerry del Missier stepped down the day after Barclays Chairman Marcus Agius resigned...
‘Policy Paralysis’ is the new exhortation echoing in the news media. According to news search conducted via Factiva, the catchphrase hit over 590 mentions in June 2012. The...
According to a report by PwC (PricewaterhouseCoopers): · Innovative service delivery models, including mobile banking and ATMs, and the ability to satisfy customers will drive the growth of...
In a move targeted at preventing the continuous decline of Rupee, the Reserve Bank of India increased the limit of foreign investment in government bonds by $ 5...
Reserve Bank deputy governor KC Chakrabarty held that: In order to bring down the high import of gold, RBI considers educating and disseminating awareness in the people about...
Regulators in the United States, Europe and Asia are scanning a number of key financial institutions for manipulating Inter-Bank Lending rates. In this context, Barclays Bank was fined...
