Financial Daily from THE HINDU group of publications
Wednesday, October 01, 2003
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Financial Daily from THE HINDU group of publications Wednesday, October 01, 2003 |
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MONEY & BANKING FARM CREDIT UBI signs pacts with tractor makers WITH a view to increasing agricultural lending, UBI has tied up with L&T John Deere and Eicher Tractors for financing tractors at its rural and semi-rural branches. It has already signed MoUs with these tractor manufacturers. The bank also ... More INSIGHT Global economy searches for new growth engine Is it not high time that Europe, Japan, China and India boosted domestic demand, markets and internal growth engines? More ECONOMY Global economy searches for new growth engine Is it not high time that Europe, Japan, China and India boosted domestic demand, markets and internal growth engines? More FOREX Weak dollar, RIB outflow to see rupee firm up WITH Tuesday being the close of the second quarter and dealers busy making book entries, there were hardly any trades in the market. Banks did not do customer transactions, but there were a few deals between banks. "A deal was seen struck at ... More INFORMATION TECHNOLOGY Is your network effective? In today's IT-based banking scenario, it's vital to ensure networks don't break down. And this calls for the right power solutions. More
More SIB branches with ATM facility HOUSING FINANCE SBI slashes housing, auto loan rates STATE Bank of India (SBI) has decided to make housing loans and auto loans cheaper for its customers by 25-150 basis points from October 1. Apart from slashing interest rates on its retail loans, the bank has also introduced new tenure brackets ... More GENERAL INSURANCE New India sets 19% higher target for premium NEW India Assurance Company Ltd has set a premium target of Rs 4,100 crore from its domestic operations during the year 2003-2004. This is 19 per cent higher compared to Rs 3,921.24 crore premium earned during 2002-2003 from its Indian ... More
Bajaj Allianz looking at Rs 400-cr premium income DEBT MARKET 
Lower Govt loan target cheers bond playersBOND market participants are elated that the Government's borrowing target has been reduced by roughly Rs 35,000 crore for the remainder of this financial year. According to the RBI's auction calendar for the second half of this fiscal, the ... More HUMAN RESOURCES LVB drive for specialised staff recruitment LAKSHMI Vilas Bank is in the process of recruiting specialised staff through large-scale lateral entry. Though the number of persons that the bank proposes to recruit is not available, the bank is understood to have conducted campus interviews ... More PRIVATE BANKS 
GTB does clean-up actGLOBAL Trust Bank (GTB) had to make provisions and write-offs of Rs 309.14 crore in view of the negative impact on its exposure to capital market and other sensitive segments in the earlier years. The bank suffered a net loss of Rs 272.7 crore ... More
Move to cleanse balance sheet welcome: RBI
ICICI Bank package for RIB holders PUBLIC SECTOR BANKS Andhra Bank to revise targets FOLLOWING the shortfall in achieving the targeted business volumes for the period ended September 30, Andhra Bank has decided to review the position afresh and revise the business targets accordingly, its Chairman and Managing Director, Dr B. ... More CREDIT CARDS & DEBIT CARDS 
`Co-branding to help credit card growth'WITH increased spends and issuances coming through co-branded credit cards, "co-branding will be the strategy for the credit cards business going forward," said Ms Chanda Kochhar, Executive Director, ICICI Bank, at a press conference held to ... More ALLIANCES & JOINT VENTURES UBI to tie up Myanmar bank UNITED Bank of India (UBI) is tying up with Myanmar Economic Bank to identify opportunities in the growing trade relations between India and Myanmar. A tie-up with the overseas bank, which is said to be among the largest players in Myanmar's ... 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. 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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