Financial Daily from THE HINDU group of publications
Monday, July 01, 2002
Financial Daily from THE HINDU group of publications Monday, July 01, 2002 |
|
|
|
|
|
MONEY & BANKING ACCOUNTING STANDARDS ICAI accounting norms optional for listed banks for fiscal 2002 THE Securities and Exchange Board of India (SEBI) has made compliance with the four accounting standards of the Institute of Chartered Accountants of India (ICAI) optional for the listed banks for the financial year ended March 31, 2002. This ... More FOREX Watch the yen to trade the rupee! It is highly likely that the next big level of 50 to the dollar will have to wait for a fairly long time and we may perhaps see this level only in the last quarter of this year. An analysis shows that the rupee is generally susceptible to depreciatio n in the last quarter of the year. More
Currencies cannot be left solely to markets! GENERAL INSURANCE Retrospective tax breaks for superannuation funds CORPORATES operating `approved' superannuation funds are set to qualify for income-tax breaks with retrospective effect from October 2000. The move is expected to benefit private players in the domestic insurance industry. Senior officials said ... More PRIVATE BANKS IDBI Bank scheme for small businessmen THE IDBI Bank has introduced two customer-centric products to attract the small and medium businessmen in the city. Mr C.V. Ragunandanan, Head, IDBI Bank Branch, speaking to presspersons said the two current account products, namely, Business ... More
IDBI Bank unveils facility for Kerala traders FINANCIAL INSTITUTIONS Another package for IFCI likely WITH the health of IFCI Ltd showing steady deterioration, the Ministry of Finance is considering the option of stepping in once again to catalyse yet another financial support package for the institution. Officials said that the Government ... More
Grid flight, T&D losses weaken escrow account — Lenders to power utilities seek physical asset cover GOVT BONDS PSU bonds expected to bolster the market Some of the public sector companies have entered the market. During last week alone, institutions such as the Power Finance Corporation (PFC) and Hudco raised close to Rs 550 crore. PFC raised the funds through the on tap 7-year bonds route, which al lowed it to access funds at 9 per cent. More CO-OPERATIVES RBI cancels Pune bank's licence MUMBAI: The Reserve Bank of India has cancelled the licence of the Pune-based Shri Adinath Shahkari Bank Ltd. The bank is precluded from transacting the business of `banking' as defined in the Banking Regulations Act, 1949. It would not ... More Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
Top Stories In Depth Gender Justice Simple Economics Guide to derivatives Looking back Jun. 23-Jun. 29 IRDA emerges favourite as new pension regulator Depositor preferences remain in 1-3 yr bucket Farmers don't fancy credit card facility No plans for fresh VRS offer in banks What ails co-operative banking? Canara Bank plans IPO in Q3 NHB to get mortgage-backed securities listed on NSE |
|
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 |