Thursday, June 2, 2011

NEWS SNIPPETS:

1.CHEQUE PAYMENT TO GET COSTLIER.
2.IDBI TO TAKE UP ISSUE WITH RBI ON "WHITE LABEL"ATM'S.
3.NETHERLAND BASED ROBOBANK GETS RBI NOD TO SET UP BRANCH IN INDIA.
4.RBI ASKS BANKS TO CREATE SPECIAL BUFFER TO COVER NPA"S IN DOWNTURN
5.RBI ASKS BANKS TO IMPLEMENT 1% INTEREST SUBSIDY ON HOME LOANS.
6.DEMAND FOR HOME LOANS SLACKENING.
7.CASH WITHDRAWALS HAPPEN MAINLY THROUGH ATM'S.
8.BANK LOANS GREW 21.4%,DEPOSITS GREW BY 15.8% IN 2010-11.

Source:IIBF Vision.

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