The Hindu Business Line : Monday, February 10, 2003

VistaFin software for IDBI Bank
KOLKATA: IDBI Bank has announced the deployment of VistaFin, an enterprise-wide relationship management platform developed by Geoscope Information Systems (India). VistaFin provides a single-point interface for capturing sales, ... More

NBFCS

To strengthen treasury operations — Kotak Mahindra Bank, Capital plan synergies
KOTAK Mahindra Bank Ltd and Kotak Mahindra Capital Company Ltd, the group's primary dealer subsidiary, have plans to work together in their treasury operations. "The two bodies may share views but will maintain an arm's length from each ... More

GENERAL INSURANCE

Power projects pruning risk cover
POWER projects are beginning to trim their insurance covers to cut back on premium costs and ensure that equity holders' returns are protected. Sources said here that so far two projects had reduced their premium costs. More projects coming up ... More

New India offers mediclaim package for Andhra Bank cardholders
NEW India Assurance Company Ltd has offered a tailor-made mediclaim policy to credit cardholders of Andhra Bank along with the third party administrators (TPAs), offering cashless facility for medical emergencies. According to the New India ... More

ICAO mulls war-risk insurance scheme
A NEW war-risk insurance scheme being considered by the International Civil Aviation Organisation (ICAO), which seeks to provide adequate insurance coverage in the short and medium term under favourable conditions, while allowing private ... More

GOVT BONDS

Rise in yields seen as blip in trend
BOND markets continued their dive with trade sentiment gripped by war fears and the potential impact on the economy. Ten-year yields went up to 6.40 per cent last week, up from the previous weekend's level of 6.37 per cent. Dealers said that ... More

CORPORATE BONDS

BoB to raise Rs 600 crore through bonds
BANK of Baroda has received the government approval to raise Rs 600 crore through issuance of bonds to augment its capital adequacy ratio. The Finance Ministry has permitted the bank to raise the Rs 300 crore with a green-shoe option of Rs 300 ... More

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