Financial Daily from THE HINDU group of publications
Tuesday, February 18, 2003
| Forex Rates Feb. 17 (4.30 p.m. IST) | ||||||||||
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Financial Daily from THE HINDU group of publications Tuesday, February 18, 2003 |
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MONEY & BANKING FOREX Euro is better bet for exporters CURRENCY watchers advocate more Indian exporters to invoice in the appreciating euro, the common currency of 12 nations of the European Union. The common conviction among forex dealers is that the currency is certainly on an ascent and would ... More
Rupee on uptrend again SOFTWARE i-flex looks to Citibank for more products' revenue I-FLEX Solutions Ltd expects a gradual reduction in its dependency on services business from Citibank to around 20-25 per cent, from the present 75 per cent, even as the company projects a significant increase in non-Citibank clients. A top ... More GENERAL INSURANCE Insurers continue to defy IRDA orders on motor policy — Instances of overcharging surface again MR Nisar Ahmed and Ms Saya, both from Jalore, Rajasthan, have lodged separate complaints last month against United India Insurance Co Ltd and National Insurance Co Ltd respectively for overcharging of premium beyond the permissible limits on ... More PUBLIC SECTOR BANKS Union Bank connects branches via CBS UNION Bank of India (UBI) today started the implementation of the `core banking solution' across 12 branches in Mumbai, Bangalore and Delhi. The IT solution was implemented by Wipro Infotech, which was the systems integrator for the project ... More INTEREST RATES Corpn Bank hikes rates on deposits CORPORATION Bank has revised its interest rates on domestic term deposits with effect from February 17. The revision effected now will apply to domestic term deposits as well as deposits under the Capital Gains Account Scheme 1988 (Scheme ... More NON-PERFORMING ASSETS CO-OPERATIVES AP co-operative bank convention in March THE Andhra Pradesh Urban and Town Co-operative Banks' Association will hold a State-level convention on March 9 at Vijayawada to discuss their problems and chalk out strategies, Mr M. Anjaneyulu, President of the association, has said. At a ... More TRENDS Embarrassment is the key EMBARRASS your way to recovery. No, we are not talking about the Indian cricket team's gameplan. That is the strategy for Vijaya Bank as it mounts road shows every fortnight to tackle defaulters. A team of 7 or 8 bank officials calls on the ... More NEW PRODUCTS & SERVICES GTB launches `Vyapaar' GLOBAL Trust Bank (GTB) has announced the launch of `Vyapaar', a special current account targeted at small businesses. In a press release here on Monday, the bank said the product was designed to meet the needs of retail outlets, distributions ... More Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
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Top Stories In Focus Kelkar Report Telecom Competition Oil PSUs: Disinvestment dilemma Housing Fin. rate war: Bonanza for consumers! NPAs in Banking In Depth Simple Economics Consumer Notes Tax Talk The Brahmananda collections 2002: A drought year Gold: Still the winner? Cars: Always a beauty Books and Reviews Looking back Feb. 9-Feb. 15 ICICI Bank likely to see pressure on profits `Pricing isn't all in home loans' — Mr S.C. Jain, CEO, LIC Housing SBI, Maruti pact for car financing A reality check on Securitisation Act Govt may reset recap bond rates — Banks nod sought for shift to floating regime Defaulters can be gracious hosts! Field day for foreign banks, primary dealers |
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