Community & General News
Off balance sheet items a concern for private banks
14 December 2011 at 10:34ICICI Bank and Axis Bank rank poorly because the risk weighted average as a proportion of assets is at 83% on average compared to 74% for the other private sector peers
United action needed to save economy: FM
14 December 2011 at 10:34A day after leader of opposition in Rajya Sabha Arun Jaitley blamed the government for policy paralysis, finance minister Pranab Mukherjee suggested that coalition compulsions cannot be called policy paralysis. He said the nation needed "co
Rupee hits a new low as fall continues
14 December 2011 at 10:33Touches 53.52 to a dollar; most dealers say the currency can decline further against the greenback The rupee fell to a new low of 53.52 a dollar on Tuesday before ending the day at 53.23, with the euro’s weakness against the US unit adding
Interest rates may remain unmoved by the dip in industrial growth
13 December 2011 at 11:16There is no doubt that falling economic growth indicators will put more pressure on RBI, which is waging a lone fight against inflation, to change its stance If there was any confirmation needed that the economy is in the grip of a slowdown, thi
Banks get seat on board for AI turnaround
13 December 2011 at 11:16The new monitoring board is expected to be established after the cabinet clears the turnaround plan India’s aviation ministry has agreed to allow Air India’s lenders to be part of a monitoring board that will oversee execution of the
Interest Rate on PPF
13 December 2011 at 10:46The Provident Fund handled by the Employees’ Provident Fund Organisation is known as Employees’ Provident Fund (EPF). Rate of interest on Employees’ Provident Fund for every year is recommended by the Central Board of Trustees, E
Ministry to appoint 3 new members to CLB
12 December 2011 at 10:57CLB has been running short of staff for around five years and has at least 2,500 pending cases related to various aspects of company law In its bid to institute a strong company law tribunal, the ministry of corporate affairs (MCA) has begun the
11th ICSI National Award for Excellence in Corporate Governance 2011
10 December 2011 at 13:2711th ICSI National Award for Excellence in Corporate Governance 2011
ICAI Doha Chapter elects new managing committee
09 December 2011 at 23:08DOHA: Members of the Doha Chapter of the Institute of Chartered Accountants of India (ICAI) elected the new Managing Committee for the year 2011-2012 at their recently held 30th Annual General Meeting (AGM). More than 140 members attended the meet
Bank-wise/category-wise number of Directors in Public Sector Bank as per RBI record, annexed
09 December 2011 at 17:32Directors in Banks Bank-wise/category-wise number of Directors in Public Sector Banks including State Bank of India, as per Reserve Bank of India (RBI) record, is annexed. Government Nominee Directors are appointed as per extant Guide
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