Leading bankers on Monday welcomed the Budget for 2009-10 and have said that with a lot of tax rates left unchanged, there will be more money in the hands of the common man.
India has one of the highest personal savings rates in the world.
http://www.ibnlive.com/news/metlife-to-milk-recession-plans-massive-expansion/78306-7.html
SBI eyes recruitment while global banks fight recession worries.
http://www.ibnlive.com/news/sbi-to-hire-20000-people--metlife-plans-expansion/78304-7.html
UPA is now focussing on greater economic liberalisation in pension.
http://www.ibnlive.com/news/post-trust-vote-govt-puts-reforms-on-fasttrack/69411-7.html
Finance Minsiter P Chidambaram has described India’s banking sector as the driving force of economic reforms.
http://www.ibnlive.com/news/banking-sector-drives-indias-economy/32386-7.html
FM said that the system was in place and assured that government would provide all assistance to overcome liquidity problem.
http://www.ibnlive.com/news/stay-invested-fm-tells-investors/11105-7.html
The Finance minister said that the govt has no intention of taxing FIIs as the Sensex had fallen due to global pressures.
http://www.ibnlive.com/news/read-fms-lips-no-tax-on-fiis/10965-7.html
The bank increased deposit rates across the board by 0.25-0.50 per cent. Now lending rates too, may be headed up soon.
http://www.ibnlive.com/news/state-bank-of-india-hikes-deposit-rates/3459-7.html
The Finance Minister has said that the banking sector needs a massive up gradation on technological front to remain competitive.
http://www.ibnlive.com/news/upgrade-to-stay-ahead-fm-to-banks/381-7.html
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