Financial Daily from THE HINDU group of publications
Tuesday, December 24, 2002
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Financial Daily from THE HINDU group of publications Tuesday, December 24, 2002 |
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MONEY & BANKING FOREX Re slips; call rates rise Mumbai: THE rupee ended on Monday at 48.01/0150 against the dollar as compared to Friday's one-year high closing of 48.0050/0150. The currency would have closed at 47.94/95 levels if it were not for the mopping up of dollars by nationalised ... More SOFTWARE Flexcube for Kosovo bank BANGALORE: i-flex Solutions Ltd has announced that Banking and Payments Authority of Kosovo (BPK), which functions as a central bank in Kosovo, has selected its flagship product Flexcube to centralise its banking operations. "The BPK ... More AGRICULTURAL INSTITUTIONS Nabard aid for States to touch Rs 18,000 cr THE National Bank for Agriculture and Rural Development has so far disbursed Rs 15,000 crore under its Rural Infrastructure Development Fund (RIDF) this year. ``The disbursement to the State Governments is to touch Rs 18,000 crore by March ... More LIFE INSURANCE Free life cover for new K Bond investors The fund will give free life insurance cover to all investors purchasing units of K Bond Deposit Plan up to March 31, 2003 without additional cost. More
Life insurance cos to follow code of conduct from Jan PRIVATE BANKS Kotak Mahindra Bank launch by March KOTAK Mahindra Finance Ltd (KMFL) is likely to start operations as Kotak Mahindra Bank Ltd during February-March 2003, according to the company's Executive Director, Mr C. Jayaram. Speaking to Business Line on the sidelines of news ... More
UTI Bank raises Rs 93 cr through bonds PUBLIC SECTOR BANKS SBI plans treasury group synergy STATE Bank of India, its associates and subsidiaries are planning to bring in synergies in their treasury operations soon. This means all the entities in the SBI Group would share information and have common strategies across their forex and ... More NON-PERFORMING ASSETS Madras Motor seeks time to settle dues THE Madras Motor Sports Trust, whose properties have been seized by Indian Bank against dues of Rs 16 crore, has requested the bank to give it some more time to pay up, it is learnt. Representatives of the trust had a meeting with the Indian ... More
KSFC to seek expert advice on NPAs CREDIT CARDS & DEBIT CARDS 
BoB unveils debit cardBANK of Baroda (BoB) has launched its international debit card in association with Visa International. The card will target two million cardholders in three years and will be accepted at over 10 million merchant locations and 8,00,000 Visa ATMs ... More NEW PRODUCTS & SERVICES ICICI Bank offers foreign currency account facility ICICI Bank will offer foreign currency account facility in four foreign currencies. The `Resident Foreign Currency (domestic) account' will enable resident Indians to maintain funds in US dollar, pound sterling, euro and Japanese yen, said a ... More Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
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Top Stories In Focus Inside China Gujarat Elections Stock scam unravelling Red signal for Chinese silk Petrol pump controversy Small Investor In Depth Gender Justice Simple Economics India Interior Consumer Notes Looking back Dec. 15-Dec. 21 Bank audits could vanish into thin air Lenders seek to shut BIFR door against defaulters SBI, BoI to test waters in securitisation market Bank of India hires Deloitte as agent to recover NPAs Rupee touches 47.97 States told to go easy on bond guarantees Banks shy away from Nabard refinance |
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