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RBI & OTHER CENTRAL BANKS
Demand for more voting rights for India at IMF
Rakesh Mohan suggests new quota formula More

FOREIGN BANKS
SBI Funds, Citibank tie-up
SBI Funds Management Pvt Ltd - investment managers for SBI Mutual Fund has tied-up with Citibank, to increase the reach of investors across the country, an official release said. In the initial phase, the SBI MF - Citibank ... More

CRR & BANK RATES
No interest on CRR balances: RBI
RBI will not pay interest rate on CRR balances of banks, effective March 31, 2007. On March 30, RBI had said in a press release that the interest rate applicable on eligible CRR balances (i.e., the amount of reserves between the 3 per cent ... More

OUTLOOK
Govt not keen on overhauling financial sector laws, regulations
For making Mumbai an international financial centre More

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