Financial Daily from THE HINDU group of publications
Tuesday, July 16, 2002
| Forex Rates July 15 (4.30 p.m. IST) | ||||||||||
|
Financial Daily from THE HINDU group of publications Tuesday, July 16, 2002 |
|
||||||||||||
|
|
|||||||||||||
|
MONEY & BANKING FINANCIAL SERVICES Western Union to tie up with banks, FIs WESTERN Union Financial Services is planning expand its operations by tying up with banks and financial institutions. Mr Anil Kapur, Director General-India, Western Union, said that Western Union has seen a 75 per cent increase in revenues over ... More FOREX Re sheds 7 paise; gilts firm Mumbai: THE rupee weakened by seven paise on Monday to close at around 48.84/8450 to a dollar as compared to its previous close of 48.7725/7750 due to the terrorist attacks in Jammu. Dealers said that the attacks had spurred a sudden demand for ... More RBI & OTHER CENTRAL BANKS 
Savings bank deregulation not nowTHE Reserve Bank of India has practically ruled out deregulating savings bank rates for now. "We cannot do it right now," said the RBI Governor, Dr Bimal Jalan, speaking informally to journalists at a function here. He did not also want to take a ... More PRIVATE BANKS Catholic Syrian AGM to take up insurance foray THE 81st annual general meeting of the Thrissur-based Catholic Syrian Bank (CSB) proposes to move a special resolution for suitably altering the `Objects' clause of the memorandum of association to enable the bank enter insurance business. The ... More
UTI Bank to raise capital — Eyes foreign investors for pvt placement
IDBI Bank unveils products for SMEs
IDBI Bank opens Kochi branch
PUBLIC SECTOR BANKS BoI net up 42 pc at Rs 177.15 cr BANK of India has registered a 42.43 per cent rise in net profit for the quarter ended June 30, 2002 at Rs 177.15 crore as compared to Rs 124.38 crore in the corresponding quarter in the previous year. The growth in net profit can be ascribed ... More
CorpBank launches two more products FINANCIAL INSTITUTIONS IFCI may be denied access to EPF funds — ICICI also to be struck off PFI list THE Finance Ministry is planning to knock off the troubled financial institution IFCI as well as ICICI from the list of eligible public financial institutions (PFIs) whose bonds can be subscribed to by provident funds. The proposal to delete ... More NON-PERFORMING ASSETS NPA Ordinance may cover urban co-ops too THE first major change in the Ordinance for recovery of non-performing assets (NPA) is in the offing with the Government agreeing to widen its scope to include urban co-operative banks (UCBs) under the new legal dispensation. The Finance ... More
Bank union releases list of defaulters in AP — NPAs account for Rs 4,796 cr
`No dilution of NPA Ordinance' EVENTS Crucial matters to figure at G-20 meet A HOST of crucial issues ranging from standards and codes with reference to financial sector regulation and corporate governance to domestic policy requirement for regeneration of international capital flows and combating financing of terrorism ... More TRENDS `Less than a million Net banking users' INDIA has a little less than one million active Internet banking users, representing 15 per cent of the Internet user population in the country, according to a study by IT research firm, IDC India. IDC said this indicated that the concept of ... 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 Jul. 7-Jul. 13 NPAs continue to haunt banks RBI proposes to utilise SBI electronic transfer facility PSBs' loan loss cover still insufficient SBI tightens norms for corporates New debt for old: Not that easy |
|
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 |