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Sunday, April 06, 2003

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FOREX


Forex reserves up $984 m on more inflows
PROPELLED by substantial trade flows and NRI remittances, the country's forex reserves have surged by nearly $1 billion, according to the latest figures released by the Reserve Bank of India. For the week ended March 28, reserves gained $984 ... More

NBFCS


Cholamandalam Investment and Finance: Value for money
THE fixed deposit programme of Cholamandalam Investment and Finance could be a worthy option. The interest rates offered are lower than that offered by companies such as Ashok Leyland Finance. However, the company 's strong fundamentals and ... More

LIFE INSURANCE


AMP Sanmar's Bhagya Shree
AMP Sanmar's "Bhagya Shree" is a pension plan that allows you to choose between two investment schemes depending on your risk appetite. The plan also offers an optional life cover. Though the plan resembles a market- linked one it does not give a ... More

GOVT BONDS


RBI first auction for fiscal
MUMBAI: The Government of India on Friday came out with its first auction announcement for the new fiscal. In accordance with the auction calendar of the Government's borrowing programme, a Rs 9,000-crore multiple-price auction is ... More

NON-PERFORMING ASSETS


`CDR mechanism dealing with 16 cases'
THE Corporate Debt Restructuring (CDR) mechanism is currently processing 16 cases involving Rs 9,121 crore from various banks and financial institutions. Mr P.P. Vora, Chairman of the CDR mechanism and Chairman of IDBI, said total "60 cases ... More

EVENTS


Jalan moots 5 steps to strengthen banks
DR Bimal Jalan, RBI governor, today prescribed a five-pronged strategy to further develop and strengthen the Indian banking and financial sector. "The first priority is to build a competitive and open financial sector. I am in favour of free ... More

Banking sector policies `lack clarity'
LAWS framed in the context of commercial lending cannot be made applicable to a country with a system of social banking, according to the President of the All India Bank Officers' Confederation (AIBOC), Mr K.D. Khera. Speaking to presspersons ... More


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In Focus
Run-up to Budget
Kelkar Report
Bottled water: How safe is it?
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
NRIs & Investment Avenues
Corporate Governance
Gold: Still the winner?
Cars: Always a beauty
Books and Reviews
Looking back
Mar. 30-Apr. 5
New RBI norms for listed banks' quarterly reports

`No matching response on interest rates'

Offshore staff help forex kitty boom

Weak dollar bloats forex reserves by 20 pc

Double whammy for bank employees


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