Top News Headlines of 01 February 2012

Major Events and Top News Headlines of 01 February 2012:

  • Reserve Bank of India has said that all private sector banks will now be considered eligible to handle any Central or State Government business at par with public sector banks. Till now, only three private banks, namely ICICI Bank Ltd, HDFC Bank Ltd and Axis Bank Ltd were appointed by RBI as its agents to carry out limited general banking business. In a notification issued from Mumbai yesterday, RBI said that this move would improve customer convenience by increasing the number of customer service outlets. — February 1, News On AIR
  • French firm Dassault Aviation bagged India’s biggest-ever military contract for supplying 126 Rafale combat aircraft for the Air Force. It edged out European rival EADS in the deal. The French firm was declared as the lowest bidder. It will get the contract under India’s defence procurement procedure. The deal is worth our ten billion dollars. — February 1, News On AIR
Read Also:  Top News Headlines of 05 February 2012

Top News Headlines of 01 February 2012
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