Financial Daily from THE HINDU group of publications
Monday, October 27, 2003
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Financial Daily from THE HINDU group of publications Monday, October 27, 2003 |
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MONEY & BANKING INSIGHT 
Management of India's forex reservesIt is a matter of pride that India has moved from being a country that faced a BoP crisis to one that has official foreign exchange reserves of nearly $90 billion. The RBI has done an admirable job of managing the country's external liquidity and de bt position, but it cannot behave like a fund manager. That could trigger unwelcome movements and, thus, discretion of the highest order is called for, says V. Anantha Nageswaran. More GOVT BONDS 
Yields likely to remain stable for some timeBOND markets plunged on the back of institutional sales, from both domestic and foreign, as most of them booked profits. Traders said the selling was triggered by the RBI's moves to go ahead with 28-day repurchase operations in the markets in a ... More IPOS Vijaya Bank upbeat on public issue MANGALORE: The General Manager of Vijaya Bank, Mr Surendra M. Bhandary, has said over subscription of the public issue of the bank has given great impetus for reaching higher goals. He was speaking at the 72nd Founder's Day celebration ... More CO-OPERATIVES Special scheme for co-op loans in Kerala THIRUVANANTHAPURAM: The Minister for Co-operation and Ports, Mr M.V. Raghavan, has said that the State Government would formulate a special scheme offering concession on interest payable on loans advanced from year 1997 onwards by the ... More Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
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