
Friday, August 20, 1999
RBI panel for tightening returns system
The working group set up by the Reserve Bank of India (RBI) has recommended the introduction of a comprehensive returns system for the effective monitoring and surveillance of international banking statistics of Indian banks.

ICICI board approves Rs 2,165 cr equity issue
The board of directors of ICICI Ltd has approved a series of equity issuances to mobilise Rs 2,165 crore to enable them to maintain their holding at the current level of 29.1%.

IT sector tops in market capitalisation
Infotech was the number one sector in terms of market capitalisation in August 1999, according to a Nasscom survey on the performance of the Indian software industry.

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