![]() Financial Daily from THE HINDU group of publications Monday, September 08, 2003 |
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MONEY & BANKING OUTSOURCING Banks prefer outsourcing for specialised jobs Banks are taking care not to outsource functions that involve cash handling or ones that would violate security concerns of its clientele. More FOREX Will there be dollar shortage on account of RIB payouts? Depends on RBI move, SBI scheme The Resurgent India Bonds maturity is less than a month away and there is a lot of uncertainty emanating from this. Roughly $5.5 billion are scheduled to leave the shores of the country on account of this maturity. More DEBT MARKET Traders see further cut in bank rate Traders said that the euphoria over the 50 basis point repo rate cut has long evaporated from the markets. Instead, one trader said, "We are looking for similar reductions." More PRIVATE BANKS HDFC Bank woos RIB holders in Gulf region HDFC Bank is offering free collection of the RIB drafts, which means a saving of Rs 2,500 on collection charges. More FINANCIAL INSTITUTIONS Development financing role even after conversion into bank Govt, not RBI, to license IDBI THE Reserve Bank of India would be taking a back seat when the Industrial Development Bank of India (IDBI) is welcomed into the world of commercial banking. According to latest plans drawn up by the Ministry of Finance, though IDBI would be ... More ECONOMIC OFFENCES CBI plans cell to deal with bank, securities fraud CBI is in the process of setting up a new cell specifically meant for investigations into bank and securities fraud. Mr P.C. Sharma, Director of CBI, stated here on Sunday that RBI already has a cell for bank frauds. "However, to tackle the ... 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. 31-Sep. 6 SBI staff asked to keep tab on transactions of `terrorist groups' LIC rides Sensex wave, books Rs 1,200-cr gain Grading customers to grow Bank deposits grow, never mind rate cuts Will Reddy make the Ministry walk the talk? |
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