#indian banks association
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27 articlesFinance

Finance
IDBI done away with the concept of minimum balance
Finance

Finance
Branches of Bank of Rajasthan Ltd. to be Branches of ICICI Bank Ltd. from August 13
Finance

Finance
Acquisition of State Bank of Indore by State Bank of India approved
Fema / RBI
Fema / RBI
RBI asked banks to extend lower interest benefit to old home loan borrowers
Fema / RBI
Fema / RBI
RBI asked banks to cap bank charges
Fema / RBI
Fema / RBI
Bankers may meet RBI on 14th to discuss relaxation in lending norms
Finance

Finance
IBA seek government permission for banks to issue tax-free bonds to finance infrastructure projects
Income Tax

Income Tax
Interest subsidy on education loan to student from weaker section
Finance

Finance
Banks may seek time beyond the March 2011 to shift to IFRS
Fema / RBI
Fema / RBI
From October 15 Maximum withdrawals at once from other banks ATM Rs. 10000/- subject to maximum of 5 withdrawals in a month
Fema / RBI

Fema / RBI
Use of other banks ATM for more then 5 times a month will cost from October
CA, CS, CMA

CA, CS, CMA
ICAI told auditors to demand detailed disclosures from banks about loans restructured by them
Finance

Finance
