Page 23 - BANKING FINANCE November 2015 ONLINE

NEWS FLASH

NEWS FLASH

D Revenue stamps not needed for PF claims D Govt. caps kerosene subsidy at Rs.12/litre

D Khariff sowing over in 85% of normal area D BOI celebrates its 110th Foundation day

D Commerce Minister says no to FDI in multi-brand D IOB launched Rupay MUDRA Debit Card

retail D Vijaya Bank gets award for Best Asset Quality Bank

D Inoperative account: Central Bank to send SMS alerts

to customers D Govt. clears FDI proposals worth Rs.10,379 crore

D UN adopted document for landmark UNSC reforms D Banks asked to make Atal Pension scheme a success

D Lack of Power Purchase Agreements Hits New Plants D India ranks 34th out of 60 in biz growth environment

D UTI MF crosses Rs.1-tn mark; eyes leadership slots D RBI eases norms for banks to grant loans to CEOs

D Bring brand ambassadors' under consumer law: CAIT D Industrial licence validity increased

D Govt. monitors fake currency D MUDRA Loan to be Game-changer: FM

D Service tax evasion: lens on 5 sectors D Air India to start Delhi-San Francisco non-stop flight
D New land policy for PDIs at 12 ports from Dec. 2.

D DOP, NIC sign MoU for PMSBY Policy D Inject equity before more funds, Lenders to Amtek

D BOI implements Fraud Risk Management Solution on D 50% of NREGA Workers Pay Bribes for Payment

Cards D Tourism Sector Fetches Rs.3.25 lakh cr Forex in 3

D SBI launches Mobile Wallet 'STATE BANK BUDDY' years

EXIM Bank's report on India's Trade and Investment Relations with Africa

Exim Bank's recent publication on "Enhancing India's Trade Relations with Af-
rica: A Brief Analysis" was released at the hands of Mr. Arun Jaitley, Hon’ble
Union Minister for Finance, Corporate Affairs and Information & Broadcasting,
GOI. The study highlights that the recent years have witnessed tremendous in-
crease and deepening of economic and cultural exchanges and cooperation
between India and Africa. This can be gauged from the robust trends in India-
Africa trade that witnessed a nine-fold rise to reach a new height, from US$ 8.2
billion in 2004 to US$ 75 billion in 2014.

The study while analysing the robust trend in bilateral trade between India and Africa has also highlighted the rising
trend in India’s trade deficit with Africa. Exim Bank’s Study delineates strategies to further enhance India's trade with
the African region, while addressing the rising trade deficit with Africa.

BANKING FINANCE | NOVEMBER | 2015 | 23

Copyright@ The Insurance Times. 09883398055 / 09883380339