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  1. 1041 branches of banks to accept advance I-T

    myiris.com » News Centre@myiris.com India's Most Comprehensive Financial Destination - 2 hours ago

    As many as 1041 computerized branches of public and private sector banks are likely to receive advance income tax (I-T) in Mumbai and Navi Mumbai, said the Reserve Bank of India (RBI). These arrangements have been

  2. PM to RBI: Keep vigil on liquidity situation

    PM to RBI: Keep vigil on liquidity situation

    newsx.com » NewsX - Clarity in a Complex World - 3 hours ago

    Happy as he is with steps taken by Reserve Bank to tackle the unfolding economic crisis, Prime Minister Manmohan Singh has asked the central bank to keep a vigil on liquidity availability in the financial system. "At

    Also tagged: business, global credit crisis

  3. HDFC keen to raise funds overseas

    HDFC keen to raise funds overseas

    myiris.com » News Centre@myiris.com India's Most Comprehensive Financial Destination - 15 hours ago

    Housing Development Finance Corporation (HDFC) is interested in raising funds overseas and is awaiting further details of the Reserve Bank of India`s (RBI) guidelines, reports Economic Times. HDFC managing director

    Also tagged: hdfc

  4. JP Morgan forecasts lower growth rate for India

    myiris.com » News Centre@myiris.com India's Most Comprehensive Financial Destination - Nov 17, 2008

    JP Morgan has lowered India`s GDP forecast for 2008/09 and 2009/10 and also expected the aggressive rate cuts by the Reserve Bank of India (RBI) to support the growth momentum, reports Economic Times. The Indian

  5. Gilt yields rise to 7.51%

    myiris.com » News Centre@myiris.com India's Most Comprehensive Financial Destination - Nov 17, 2008

    Indian federal gilt yields climbed on Monday, November 17 as investors pared positions after the Reserve Bank of India (RBI) was unspoken on interest rates while announcing a slew of measures to encourage liquidity on

  6. RBI injects Rs 44 bn via repo auction

    myiris.com » News Centre@myiris.com India's Most Comprehensive Financial Destination - Nov 17, 2008

    The Reserve Bank of India (RBI) injected Rs 44 billion via 1-day repo auction held on Nov. 17, 2008. However, reverse repo auction remained suspended for the day. At the auction conducted under the liquidity

  7. RBI revises rates on foreign currency deposits

    myiris.com » News Centre@myiris.com India's Most Comprehensive Financial Destination - Nov 15, 2008

    The Reserve Bank of India (RBI) today, November 15 has announced more steps to encourage more cash in the financial system after cutting interest rates twice in less than a month to protect the economy from the global

    Also tagged: b

  8. RBI urges banks to do viability study on 7 infra projects

    myiris.com » News Centre@myiris.com India's Most Comprehensive Financial Destination - Nov 15, 2008

    The Reserve Bank of India (RBI) has asked banks to undertake a fresh financial viability study of seven infrastructure projects, including one from GVK industries, as their operations have already been considerably

  9. RBI injects Rs 20 bn via repo auction

    myiris.com » News Centre@myiris.com India's Most Comprehensive Financial Destination - Nov 14, 2008

    The Reserve Bank of India (RBI) injected Rs 20 billion via 3-day repo auction held on Nov. 14, 2008. However, reverse repo auction remained suspended for the day. At the auction conducted under the liquidity

  10. RBI offers Rs 506.50 bn under special fixed rate term repo auction

    myiris.com » News Centre@myiris.com India's Most Comprehensive Financial Destination - Nov 12, 2008

    The Reserve Bank of India (RBI) is likely to conduct a special fixed rate term repo at 7.5% p.a. against eligible securities for Rs 506.50 billion today (November 12) due for reversal on Nov. 26, 2008, with a view to

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