Financial Daily from THE HINDU group of publications
Tuesday, January 01, 2002
Forex Rates Dec. 31 (4.30 p.m. IST)
1 PoundRs 69.70
1 EuroRs 42.64
1 USDRs 48.19
1 YenRs 36.67
1 Sing $Rs 26.10

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MONEY & BANKING

SMALL SAVINGS


A requiem for small savings?
EVEN as the Indian middle class looks back with trepidation at the year gone by, the Budget due in the next few weeks may confirm as to whether the requiem for the voiceless and fragmented middle class has been sung. Apparently, in no single ... More

RBI & OTHER CENTRAL BANKS


  • Reference rate for euro from today
  • Major decisions of Reserve Bank in 2001

    PUBLIC SECTOR BANKS


  • More tea finance from Union Bank

    INTEREST RATES


    Lakshmi Vilas Bank cuts interest rates
    LAKSHMI Vilas Bank Ltd (LVB) has announced that it has decided to prune down interest rates on domestic term deposits with effect from January 1. In a press communique here on Monday, the bank said a recommendation to this effect was made by ... More

    HDFC cuts retail PLR by 0.5 pc
    ON the New Year eve, Housing Development Finance Corporation (HDFC) today decided to cut its retail prime lending rates by 50 basis points to 11.5 per cent from 12 per cent. State Bank of India had already announced similar reduction in ... More

    ALLIANCES & JOINT VENTURES


    SBI to tie up with NBFCs for truck financing
    IN a bid to boost its lending to the commercial vehicle industry, State Bank of India (SBI) is planning to enter into tri-partite agreements with non-banking financial institutions (NBFCs) to finance truck operators. This is the first time that ... More

    FOREX


  • Re strengthens; gilts rally
    Comments & Letters to the Editor to: bleditor@thehindu.co.in
  • Top Stories
    Panel to supervise Investor Protection Fund formed


    Rise and growth of the consuming class

    A requiem for small savings?

    HDFC cuts retail PLR by 0.5 pc

    Cotton market stuck in a year-end limbo

    IT Industry upbeat on 2002

    DCI in pact with China co for Dubai project


    In Depth
    Inside Kashmir
    Guide to derivatives
    US-64


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