Financial Daily from THE HINDU group of publications
Monday, July 15, 2002
Financial Daily from THE HINDU group of publications Monday, July 15, 2002 |
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MONEY & BANKING INTERNET Forget queues; bank online BANKS are trying to bring on `channel migration'. They are trying to coax people vexed with crowds and queues to bank online. Value-added services are being offered by the dozen to entice them. `File your income-tax returns, pay insurance ... More LIFE INSURANCE LIC scuppers States' bid to buy back high-cost loans LIFE Insurance Corporation (LIC) has blocked States' attempts to buy back loans. LIC is the largest financier for State Governments, both directly and indirectly. LIC provides support to States by subscribing to development loans floated by ... More DEBT MARKET Traders shy away from long-dated securities Traders are still shy of going in to securities, which are long-dated. This is because long-dated securities in excess of 10 years tend to be less liquid, especially since the bulk of the liabilities profile in the banking system is short-ended. More PRIVATE BANKS 
Banking on surpriseA man dressed as an ATM distributing HDFC Bank application forms to early morning walkers in race course in Coimbatore on Sunday. |