The Hindu Business Line : Sunday, April 28, 2002

Forex reserves cross $55 b
THE country's forex reserves have risen by $268 million for the week ended April 19, touching $55.073 billion as compared to $54.805 billion in the previous week, according to the Weekly Statistical Supplement (WSS) of the Reserve Bank of ... More

HOUSING FINANCE

Housing finance: Nesting becomes a lucrative business
HOUSING finance stands tall in the financial sector today. Over the last four years, the business has added store upon story on safe foundations. This has attracted new entrants. The pace of this growth begs questions. Will the business ... More

HDFC: Well-covered
HDFC's fixed deposit programme is one of the safe options, but it comes with a relatively low interest rate. The short-term rates are almost at par with that of average bank deposit rates. However, the three-year deposit appears ideal from a ... More

Affordability: Key to loan disbursement
A RISE in affordability is the most important reason for the high growth rates in home loan disbursement. The increased affordability obscures the fact that buying a house is still far more expensive then it should be. Examine the interest ... More

Add-ons to HDFC loans
IF you are planning to take a housing loan from HDFC, quite a few additional facilities from its other group concerns would be made available to you. For instance, HDFC Bank will offer the following:

An initial-charges free international ... More

GENERAL INSURANCE

Pension plans -- Meeting age-old problems, wisely
A FEW days short of his 76th birthday, Suresh Pandey was a worried man. He had just been diagnosed with an advanced form of kidney ailment that required monthly hospital visits. A retired private sector employee and a married man without ... More

DEBT MARKET

Bonds: Credit policy is key
THE week-on-week changes in the yield curve were marginal. At the long-end, the 20-year yields rose three bps, while at the very short-end, the 1oneyear yields fell three bps from the closing levels on April 19. Going forward, trading is ... More

PUBLIC SECTOR BANKS

PNB plans to enter insurance sector soon
PUNJAB National Bank (PNB) is planning to make a foray into the insurance sector shortly aimed at achieving its vision of turning into a universal bank. The PNB Chairman and Managing Director, Mr S.S. Kohli, announced this at a conference in ... More

Canara Bank officers' assn calls for more recruitment
CANARA Bank Officers' Association (CBOA), the trade union representing majority of the bank's officers, has advised its management to recruit more hands and address the problem of increasing pressure on the existing officers and clerical staff of ... More

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Vajpayee takes `political wind' out of Sonia's sails

Cotton bed linen exports -- India asks WTO to set up settlement panel on EU move

Forex reserves cross $55 b

OECD optimistic of growth prospects

In Depth
Inside Kashmir

Guide to derivatives

US-64

Looking back
Apr. 21-Apr. 27
Bank on security rules to tackle armed attack

Investment cap on relief bonds for retirees goes

Oriental Insurance set to restructure workforce

Bank of Baroda extends Rs 100-cr credit to IFCI

New motor insurance tariffs by mid-May

HDFC Standard does Rs 1,266-cr business