Financial Daily from THE HINDU group of publications
Friday, August 29, 2003
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Financial Daily from THE HINDU group of publications Friday, August 29, 2003 |
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MONEY & BANKING FINANCIAL SERVICES IIB course on financial counselling THE Indian Institute of Bankers has entered into a tie-up with Securities Institute, Australia, to introduce a qualification in financial advising and counselling. Speaking at the 76th annual general meeting of the institute on Thursday, Mr V. ... More FOREX Rupee weakens; bonds range-bound MUMBAI: The rupee closed marginally weaker at 45.86/87 against the dollar on Thursday compared to Wednesday's close of 46.84/85. According to forex dealers, foreign banks were selling dollars in the morning, which took the domestic ... More INFORMATION TECHNOLOGY Solar-powered ATMs coming RURAL folks living in remote areas in India and the world over, without the provision of electricity, may have something to cheer about. For, even without power, they may soon be able to utilise the services of automated teller machines (ATMs) ... More FINANCIAL PERFORMANCE HOUSING FINANCE Syndicate Bank to speed up home loans SYNDICATE Bank would sanction on the spot home loans (SyndNivas) at the three-day housing loan festival `Gruha Utsav' beginning at the Institute of Engineers here from August 29. According to a bank spokesperson, `spot sanction' of home loans ... More
Kotak Mahindra Bank cuts home loan rates LIFE INSURANCE 
Aviva Life launches policy for rural poorOVER 15-million rural homes in the lower income category with membership in around one million self-help groups (SHGs) across the country can now afford to insure their lives at a very low premium, thanks to the specially designed life insurance ... More CREDIT RATING PUBLIC SECTOR BANKS Andhra Bank picks B-school students ANDHRA Bank has, among the nationalised banks, taken a lead in picking management graduates off-campus, its General Manager Mr V.R. Venkataraman, told Business Line. Chatting informally on the sidelines of a function organised by the ... More INTEREST RATES Andhra Bank hikes NRE interest rates ANDHRA Bank has decided to marginally increase interest rates on term deposits under non-resident (external) rupee accounts (NRE). In a press release here on Wednesday, the Andhra Bank General Manager, Mr A.L. Nageswara Rao, said the new rates ... More CORPORATE BONDS HTL debentures, CP under Crisil rating watch CRISIL has placed the outstanding ratings on non-convertible debentures (NCD) and commercial paper programme of Hindustan Times Ltd (HTL) under rating watch with developing implications. The rating action follows management's decision to ... More
NON-PERFORMING ASSETS Former Mumbai police chief to chase NPAs "I have vast experience dealing with the public... people. In my long career as a police officer, I have built contacts and relationships that would help the venture." More
BoI serves notice on Erode hospital SECURITISATION Part exemption to securitisation cos from RBI Act THE Reserve Bank of India has exempted securitisation companies or reconstruction companies registered with it under the Securitisation Act 2002, from certain provisions of the Reserve Bank of India Act, 1934. These provisions relate to ... More MERGERS & ACQUISITIONS Allahabad Bank gets RBI nod for finance arm merger THE Reserve Bank of India has approved the proposed merger of Albank Finance Ltd, a subsidiary of Allahabad Bank, with the parent body. The merger will be formalised soon by wiping off the accumulated losses of Albank Finance to the extent of Rs ... More NEW PRODUCTS & SERVICES ICICI Bank to offer `InstaTransfer' for Gulf-based NRIs ICICI Bank would shortly bring in a new money transfer product, exclusively for Gulf-based NRIs, the bank's Head-NRI Business, Mr P. Gopakumar, has said. He told presspersons here that a distinguishing feature of the remittance product, called ... More Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
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Top Stories In Focus Cola Controversy The Cable tangle Pakistan Diary Indo-Pak Monitor Indo-China Relations Telecom Competition In Depth In Kashmir Simple Economics Slowburn Tax Talk NRIs & Investment Avenues Corporate Governance Looking back Aug. 17-Aug. 23 Syndicated loans: SBI top book-runner Dr Jalan bids adieu to RBI Low-premium health insurance — PSU insurers set to lose over Rs 10,000 cr Govt unveils credit package for small sector — Rates on SFC loans lowered; interest deferral for SIDBI Micro-credit: Postal dept, banks in talks FIIs hiking stake in bank stocks Young queue up for Varishtha plan Bad debts: PSBs in recovery mode |
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