Financial Daily from THE HINDU group of publications
Saturday, April 06, 2002
| Forex Rates April 5 (4.30 p.m. IST) | ||||||||||
|
Financial Daily from THE HINDU group of publications Saturday, April 06, 2002 |
|
||||||||||||
|
|
|||||||||||||
|
MONEY & BANKING FOREX Rupee gains; securities weak Mumbai: THE rupee closed firmer on Friday by three paise at 48.84/8450 against the dollar as compared to the previous close of 48.86/87 in an otherwise lacklustre forex market. The rupee opened at 48.8550/8650. Forex dealers said that the ... More HOUSING FINANCE 
Hudco loan sanctions cross targetHOUSING & Urban Development Corporation Ltd. (Hudco) released Rs 4,652 crore of loans in 2001-02 as against the target of Rs 4,650 crore, top officials of the lending organisation said. Total sanctions in the year were Rs 8,140 crore as against ... More LIFE INSURANCE LIC Bima Nivesh sales cross Rs 5,000 cr THE depletion in investment avenues appears to have channelled a lot of money towards Life Insurance Corporation of India (LIC). Sales of LIC's popular investment plan, Bima Nivesh, has crossed Rs 5,000 crore, almost one-third of the total sales. ... More PRIVATE BANKS Panel moots due diligence for private bank directors The group recommended creating a pool of professional and talented people for board-level appointments in banks More PUBLIC SECTOR BANKS Andhra Bank focus on personal banking pays ANDHRA Bank's shift in focus to personal banking last year has begun to pay rich dividends. Gauging the changing demands from the retail customers, the bank opened 175 personal banking centres in the country, the Andhra Bank Chairman and Managing ... More FINANCIAL INSTITUTIONS Project finance data reveals slowdown IN a clear sign of industrial slowdown over the past couple of years, disbursements by 47 development-funding agencies in the country for project financing grew by a meagre 2 per cent during the fiscal year 2000-01 to Rs 39,866 crore from Rs ... More MERGERS & ACQUISITIONS SBI for merger of select associate bank branches STATE Bank of India (SBI) is weighing the option of selective mergers of branches of its seven associate banks with the parent bank as one of the alternatives for restructuring the group's banking activities. Stating this at a function ... More TRADE & LABOUR UNIONS Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
Top Stories In Depth Inside Kashmir Guide to derivatives US-64 Looking back Mar. 24-Mar. 30 Proposal to merge banking, insurance ombudsman schemes IRDA caps agency commission at 15 pc Importers can rebook cancelled forward deals Insurers team up to fight 'rebate' menace SBI cuts PLR 50 basis points -- Deposit rates reduced by 25 points Sharp drop in FI disbursements SBI housing loans likely to be cheaper Bumper profits may help banks to clean up balance sheets Annuities market thrown open to private insurers -- LIC loses exclusive preserve |
|
The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription Group Sites: The Hindu | Business Line | The Sportstar | Frontline | Home | Copyright © 2002, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line |