Business Daily from THE HINDU group of publications
Monday, July 06, 2009
ePaper | Mobile/PDA Version | Audio | Blogs
Business Daily from THE HINDU group of publications Monday, July 06, 2009 ePaper | Mobile/PDA Version | Audio | Blogs |
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MONEY & BANKING INSIGHT: The policy hurdles NBFCs face Each Budget season the NBFC industry has its wish-list, seeking parity with banks and housing finance companies, or sops. This year is no different. Some of the key issues that need attention and consideration are discussed ... TRADE & LABOUR UNIONS: IDBI Bank employees plan protest Employees of IDBI Bank, under the banner of the United Forum of Employees and Officers of IDBI Bank, will go on a one-day strike on July 15 to protest the introduction of 30 per cent variable component in their salary package and ... PUBLIC SECTOR BANKS: IOB expects to grow 20% this year Chennai, July 5 Indian Overseas Bank expects to grow by 20 per cent during the current financial year to surpass a total business volume of Rs 2 lakh crore, provided the monsoons are on time and ... FINANCIAL INSTITUTIONS: IIFCL loans to infra sector soar in 2008-09 New Delhi, July 5 Infrastructure financing company India Infrastructure Finance Company Ltd’s (IIFCL) loan disbursements to infrastructure sector have more than doubled in fiscal 2008-09 to Rs 3,197 crore. It was about Rs 1,541 crore ... DEBT MARKET: Bonds rally, yields soften ahead of Budget Banks mop up Rs 6,500 cr via CDs, hopeful of credit offtake picking up. Bonds rallied and yields softened as banks and financial institutions extended their purchases ahead of ... INTERVIEW: LIC hopes to clock 40% growth in first premium collection To invest 50% of the budgeted Rs 1.75 lakh cr in G-secs this fiscal. Mumbai, July 5 Life Insurance Corporation is a major institutional investor in equity, corporate bonds and Government securities. This year the corporation has investible funds ... GENERAL INSURANCE: Insurance sector seeks reforms The general insurance industry is hoping to see an increase in the limit of premium eligible for service tax exemption, a lower tax on capital gains and bringing on par with life insurers the method of computing income tax. These are the demands ... PUBLIC SECTOR BANKS: 10 Andhra Bank branches on July 5 ... Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
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