Financial Daily from THE HINDU group of publications
Monday, September 29, 2003
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MONEY & BANKING

PENSION PLANS


LIC likely to be PSU pension fund manager
THE Life Insurance Corporation of India is turning out to be the hot favourite for taking up the mantle of the sole public sector pension funds manager (PFM) under the new pension structure. "We are thinking of LIC taking the lead as the ... More

DEBT MARKET


Longs disappear; yields set to stabilise
Securities such as the 10.18 per cent 2026 have disappeared from the market with LIC and private insurers mopping them up wholesale, whenever prices dropped. More

RBI & OTHER CENTRAL BANKS


RBI plans bankers' meet to discuss Basel norms
The Basel Committee undertook a quantitative impact study in October 2002 involving a range of banks across 45 countries, including seven Indian banks. More

FINANCIAL INSTITUTIONS


Ministry to seek expert view on IDBI scope
THE Finance Ministry will seek the expert advice on the final role of Industrial Development Bank of India Ltd, a senior Government official said. ``IDBI is certainly on the model of a universal bank but whether it should be a classical ... More

INTEREST RATES


Is UK interest rates cycle about to turn?
The MPC has changed the way it looked at inflation ever since some new members have come in. Over time, the committee has focused on the inflation in the pipeline and used inflation expectation two years ahead to set monetary policy. More
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Looking back
Sep. 21-Sep. 27
Better services key to alleviate poverty: World Bank

Swiss Re moves IRDA to open branch — No takers so far for joint reinsurance venture plan

90-day norm may push up banks' NPAs, hit profits


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