Financial Daily from THE HINDU group of publications
Wednesday, January 02, 2002
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Financial Daily from THE HINDU group of publications Wednesday, January 02, 2002 |
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MONEY & BANKING NBFCS Fresh audit norms for NBFCs NON-BANKING finance companies (NBFCs) with paid-up capital of less than Rs 5 crore or having asset size of Rs 50 crore will have to constitute audit committee as stipulated under the Companies Act. The RBI, which directed NBFCs to follow the ... More LIFE INSURANCE LIC scheme for poor students LIFE Insurance Corporation of India has launched a new social security scheme for providing educational funds to the poor. Called the Siksha Sahayog Yojana, it provides funds for the education of the children of those covered under LIC's ... More GENERAL INSURANCE New India may take over UI assets in HK The public sector New India Assurance Company Ltd (NICL) is likely to take over the liabilities and assets of United India Insurance Company Ltd's (UIICL) Hong Kong operations. NICL has a full-fledged branch in Hong Kong. Discussions were on ... More
FINANCIAL MARKETS FIXED DEPOSITS REGULATORY BODIES & RULINGS Bank ombudsman role under review THOUGH the Finance Ministry is likely to lay down guidelines for the appointment of a Banking Ombudsman, it will still allow the Reserve Bank of India (RBI) to continue to have the actual powers of appointment. It is learnt that the Ministry may ... More EVENTS FOREX Comments & Letters to the Editor to: bleditor@thehindu.co.in |
Top Stories In Depth Inside Kashmir Guide to derivatives US-64 |
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