Banking/Financial Services press release

Fri, 22 Feb 2008
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IFC Global Corporate Governance Forum Partners with SEBI and NISM to Promote Awareness of Governance Reform in India

In consultation with the Securities Exchange Board of India and the National Institute for Securities Markets, the IFC Global Corporate Governance Forum has designed a program to address key elements of corporate governance reform, capacity building,...

Thu, 21 Feb 2008
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South Indian Bank Exceeds the annual Recovery target of Rs.130 crores

South Indian Bank (SIB) which had set an annual recovery target of Rs.130 crores to be achieved as on 31.03.2008 has already exceeded the target as on date....

Sun, 17 Feb 2008
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NYSE Euronext to Purchase 5% Equity Interest in India's Multi Commodity Exchange (MCX)

NYSE Euronext's first investment in a commodity exchange in Asia Pacific...

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Investors confident about the stock market upmove

88% participants of Share Manthan's Niveshak Darbaar hopeful of market moving up in one year...

Sat, 16 Feb 2008
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Singapore abolishes Estate Duty with immediate Effects to Welcome High Net worth Investors from all over the world, Says Singapore Company Incorporation Specialists

Singapore abolished Estate Tax, which it had inherited during the British era. The move will encourage Singapore to become an attractive place for wealth to be invested and built up, whether by Singaporeans or foreigners....

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Singapore Announces New Tax Benefits for Businesses & Individuals

During the 2008-2009 Budget speech today, Singapore government announced a series of new tax benefits in a move to attract more foreign investments and share wealth with people....

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Money Lender - Free Village (MLFV) Pilot Project of South Indian Bank (SIB) in the Meloor Village of Thrissur District, Kerala inaugurated .

The main objective of the Project is to replace the non-institutional, usurious, exploitative rural credit mechanism of private lending with lending through Self-Help Groups (SHGs)and direct lending by SIB. Under this initiative, SHGs act as an exten...

Fri, 15 Feb 2008
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Centurion Bank of Punjab bags two awards at the Global HR Excellence Awards 2008

Centurion Bank of Punjab won two awards at the Global HR Excellence Awards 2008 given at the Asia Pacific HRM Congress held in Mumbai this week. A first time participant, Centurion Bank of Punjab, had sent entries in two categories of awards and won...

Mon, 11 Feb 2008
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Reliance Technology Ventures Limited Directs Investment into Sequans Communications

Reliance Technology Ventures Limited (RTVL), the corporate venture capital arm of the Reliance ADA Group, has directed the investment of an undisclosed amount in Sequans Communications (Sequans). RTVL is a wholly-owned subsidiary of Reliance Capital...

Fri, 08 Feb 2008
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IFC and Cairn India Open Enterprise Center for Local Small Businesses Development in Rajasthan

A central component of the IFC-Cairn development programme is the establishment of an Enterprise Centre which will help to provide information and expertise on business practices to local small and medium-sized firms in Barmer, supporting them to bec...