Financial Daily from THE HINDU group of publications
Thursday, September 18, 2003
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Financial Daily from THE HINDU group of publications Thursday, September 18, 2003 |
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MONEY & BANKING FOREX Rupee weakens; gilts improve MUMBAI: With the Reserve Bank of India barring overseas corporate bodies from investing in India on Tuesday, sentiment was down in the financial markets. The rupee closed 6 paise lower at 45.95/96 against the dollar, down from Tuesday's ... More INFORMATION TECHNOLOGY BPM is new mantra for banks, insurers "Business process management has become to a bank what an assembly line is to an automobile factory". More HOUSING FINANCE Banks differ with RBI on housing loans DISAGREEMENT is brewing among the banking family over housing issues. While the patriarch - the Reserve Bank of India - has expressed worry over the mad rush by banks to extend home loans through severe undercutting of interest rates, not ... More LIFE INSURANCE HDFC Standard to raise capital by Rs 75 crore HDFC Standard Life Insurance expects to raise its capital by another Rs 75 crore in the current financial year. Last year, the promoters brought in an additional capital of Rs 50 crore, which took the company's equity from Rs 168 crore to Rs 218 ... More GENERAL INSURANCE SC ruling may hit divestment of insurance cos THE Supreme Court (SC) judgment on Tuesday on the divestment of Government equity in the oil PSUS is likely to impact the proposed equity dilution of the four private sector general insurance companies in the country. The SC, in its ... More PUBLIC SECTOR BANKS IOB to `reward' investors THE Chairman and Managing Director of Indian Overseas Bank (IOB), Mr S.C. Gupta, has said that the bank would suitably reward investors for the "faith they have reposed in us". In a post-public issue conference, he said that last year the bank ... More FINANCIAL INSTITUTIONS 
`Infrastructure financiers must do better homework'WHICH two countries are being increasingly disliked by investors from abroad? South Korea and India, thanks to potential risks due to the disputes with their neighbours. While South Korea's bickering with its northern neighbour made investors ... More INTEREST RATES Rates must be same for NBFCs, banks for NRE deposits: RBI THE RBI has said that interest rates on NRE deposits taken by non-banking finance companies should be the same as applicable to scheduled commercial banks. Interest rates on such deposits should not exceed 100 basis points above the LIBOR/SWAP ... More TRENDS Kerala: Banks urged to be liberal in offering loans to SSIs THE Kerala State Small Industries Association has suggested that banks should expand its lending activities to small and medium enterprises more liberally. Banks should institute sound and robust risk management practices. No financial ... 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 Indo-China Relations Telecom Competition Oil PSUs: Disinvestment dilemma In Depth In Kashmir Simple Economics Slowburn Tax Talk NRIs & Investment Avenues Corporate Governance Looking back Sep. 7-Sep. 13 Forex assets double but earnings up a tad for RBI — High-yielding domestic assets base shrinks SBI to be Basel-II compliant: Purwar SBI chief sees credit pick-up from Oct LIC bonus at Rs 9,246 crore Balance sheet clean-up exercise — FIs sell NPAs to overseas financiers Farm credit stuck in target talk |
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