Anand Sinha an executive director of RBI replace Ms throat. she retires.Š After 38 years of her services as Deputy Director of RBI. Š .

If the government increases the prices this will be the third hike in the petrol prices since government freed its prices on June 26. IOC decision expected to be followed by other state run fuel retailer. .Š Š Š India¶s biggest fuel retailer IOC is considering raising petrol price by 35 paise per litre this week as the crude oil prices have gone up.Bharat Petroleum Corp and Hindustan Petroleum Corp.

UCO Bank and Vijaya Bank were at the meeting presided over by RBI chief general manger G Pdmanabhan. Bank of India. Executive director of Allahabad Bank. Dena Bank. .Š Š Š RBI has told a bunch of top bank executive to push the usage of electronic transaction and to educate the customers about such payment options. At present 90% transactions in the banking industry are done electronically in value terms: the share of electronic payment is however just about 35% in terms of the number of the transactions. Bank of Baroda. Punjab & Sind Bank. Central Bank of India.

. UK Life Insurer Standard Life Insurance holds the maximum permissible 26% in the Life Insurance venture with mortgage giant HDFC.Š Š HDFC Std Life Insurance has put off its listing plans until the government relaxed foreign investment norms. If the government relaxes the foreign investment limits to 49%. as expected Standard Life will subscribe to its full entitlement.

Thanks .

Sign up to vote on this title
UsefulNot useful