![]() Financial Daily from THE HINDU group of publications Monday, October 20, 2003 |
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MONEY & BANKING INSIGHT Better leave forward markets undisturbed Agriculture has done well, the manufacturing and service sectors are robust, the stock market is booming. With this economic background, a rate cut at this juncture is unnecessary. Market expectations in this regard seem misplaced. More HOUSING FINANCE SBI's housing finance branch BANGALORE: State Bank of India (SBI) has opened a specialised housing finance branch, the second such in the country, to cater to the tech-savvy city's growing need for housing finance, according to a press release. The branch can cater ... More PUBLIC SECTOR BANKS Canara Bank opens branch at Pettah THIRUVANANTHAPURAM: The Union Minister of State for Defence and Parliamentary Affairs, Mr O. Rajagopal, inaugurated the Pettah branch of Canara Bank, its 242nd in the Kerala Division. According to bank sources, an ATM facility would be ... More GOVT BONDS
Real yields turn negative at long-endLarge forex inflows are triggering worries among bankers of a further softening in interest rate. The government's borrowings for the year are almost complete and RBI seems to have run out of special securities. More BOOKS `Small banks facing challenges' WHAT is common between Karnataka Bank Ltd and Vysya Bank Ltd (now rechristened as ING Vysya Bank Ltd)? Both of them are small private sector banks, according to a study conducted by Dr N.K. Thingalaya, former Chairman and Managing Director of ... More Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
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Top Stories In Focus The Cable tangle Telecom Competition Oil PSUs: Disinvestment dilemma In Depth Swati CA In Kashmir Simple Economics Slowburn Tax Talk NRIs & Investment Avenues Corporate Governance Iraq Diary Looking back Oct. 12-Oct. 18 Why no future for interest rate futures Corporate treasury desk gets higher profile End game in global rate-cutting cycle No trickledown yet of falling rates `Allow us to prepay loans or reset interest rates' We'll look elsewhere, States tell LIC, GIC There is enough room for all in health cover |
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