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Bank Deals Archive This provides one list for all of the previous posts from the Bank Deals Blog. 6% 6-Month to 12-Month CD Available to All at WestBridge Bank and Trust 6.01% Checking Account for Balances Under $25k (Parkway Bank) Government to buy 59.73 per cent of State Bank of India The government has finalised plans to buy the Reserve Bank of India's entire stake of 59.73 per cent in the largest Indian bank, State Bank of India (SBI) by December 2006 Reserve Bank of India hike in foreign currency interest rates RBI hike in the interest that banks can give to NRIs on their dollar deposits is expected to step up dollar inflows and ease liquidity Asian Development Bank Reduces Lending Rates for US Dollar and Asian Development Bank (ADB) has lowered its lending rates for both US dollar and Japanese yen single currency pool based loans List of bank loan defaulters to be released Updated list of bank loan defaulters to be released by the All India Bank Employees Association (AIBEA) Reserve Bank of India has prohibited cooperative banks from using Reserve Bank of India has made it mandatory for every cooperative bank to display its full name in any stationery item, publicity material, name board, etc Reserve Bank of India to prepare Strategic Information Technology Plan Reserve Bank of India has undertaken the task of preparation of Strategic The various components of the plan include the drawing up of the IT vision as also incorporation of the IT and Information Security (IS) Policy for the Bank Reserve Bank of India issues guidelines to facilitate With a view to encouraging and facilitating consolidation and emergence of strong entities and providing an avenue for non-disruptive exit of weak/unviable entities in the co-operative banking sector, the Reserve Bank has issued Bank Fixed Deposits are Back in Action The hike in Fixed Deposits interest rates, with banks offering 8% (and up to 8.5% for senior citizens) have made it an attractive option for investors to invest safely in the long term Canara Bank secures $1.3 billion in the global debt market Canara Bank first international fund raising foray, has been oversubscribed five times
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