Financial Daily from THE HINDU group of publications
Thursday, April 03, 2003
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MONEY & BANKING

LIFE INSURANCE


Max New York unveils corporate agency model
MAX New York Life, the insurance company, has tied up with the Kerala-based Futuristic Consultancies Ltd, a financial services company, to launch its operations in the State using the corporate agency model. Futuristic Consultancies is the ... More

RBI & OTHER CENTRAL BANKS


RBI gets tough on `clean-note policy'
THE Reserve Bank of India (RBI) has decided to get tough with banks, which do not comply with its `clean-note policy'. Though most banks have already started implementing RBI's directive, there are a few facing resistance from employees' ... More

REGULATORY BODIES & RULINGS


He is on hand to hear your grievances
"The rising expectations of customers are in part fuelled by banks themselves while marketing their products and technology. Grievances arise when branches are unable to cope with the demands and aspirations of a clientele sold on these virtues." More

CO-OPERATIVES


Country Club offers to repay Prudential loans
COUNTRY Club (India) Ltd, the city-based hospitality major, has decided to avail loans from other banks and financial institutions to clear the dues of Prudential Bank. The company has also decided to strip some of its assets if required to clear ... More

TRENDS


Tongue-in-cheek suggestion
BANDITRY comes in many forms and shapes — some pretty sophisticated and with a gloss, and some in more crude ways. Listen to this story and you choose the adjective. A foreign bank recently approached a customer to try its personal loan ... More
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Looking back
Mar. 23-Mar. 29
Banks given more leeway to finance divestment

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Bye bye to `Ashoka Pillar' notes


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