Financial Daily from THE HINDU group of publications
Thursday, December 11, 2003
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Financial Daily from THE HINDU group of publications Thursday, December 11, 2003 |
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MONEY & BANKING FINANCIAL SERVICES 
Geojit changes name and logoGEOJIT Securities has unveiled a new logo and changed its name to Geojit Financial Services Ltd, offering a growing range of new and innovative financial products and services. The new corporate logo of the company was unveiled by Mr T.K.A. ... More FOREX Rupee range-bound; gilts decline MUMBAI: The rupee moved in a narrow range of five paise to close the day at 45.52 against the dollar. On Tuesday the domestic currency had ended at 45.5300/5350. There were good dollar inflows, but there was demand too particularly from ... More LIFE INSURANCE Birla Sun Life products on Net BIRLA Sun Life Insurance Company Ltd is eyeing its newly launched e-commerce portal as the newest channel for the distribution of its products to the customers. The portal is available to the customers on the company's existing Web site, More
Catching 'em early RBI & OTHER CENTRAL BANKS RBI raises limits on forward deals THE Reserve Bank of India has raised the limits on forward contracts that can be booked by importers and exporters on the basis of a declaration of exposures based on past performance. The apex bank has also lifted the $100-million cap on such ... More PRIVATE BANKS South Indian Bank opens branch in Guruvayur KOCHI: The Thrissur-based South Indian Bank opened its 401st branch at R.V. Centre, East Nada, Guruvayur, on Wednesday. The branch was inaugurated by Mr Appukutan Nambiar, Chairman, Guruvayur Devaswom. Mr Sundar Menon, Managing Director, ... More FINANCIAL INSTITUTIONS 
Infrastructure financing must for growth: Exim Bank chiefEXPORT promotion and infrastructure development should be the corner stones of the strategy for sustainable development, according to Mr T.C. Venkat Subramanian, Chairman and Managing Director of Exim Bank. Speaking at an Exim Bank seminar, on ... More GOVT BONDS Cabinet clears Bill to replace Public Debt Act THE Government has approved the introduction of a new Government Securities Bill to repeal and replace the Public Debt Act, 1944. According to official sources, the Union Cabinet, at its meeting here on Wednesday, approved the introduction of ... More
NRI nomination in savings bonds allowed CORPORATE BONDS Banks nudging PSUs, cos to list bonds The banks are keen on an exit route which would be available only if the bonds are listed. More
JNPT short-term bond issue oversubscribed on first day CREDIT CARDS & DEBIT CARDS MasterCard ties up with US firm to form MPact Tech MASTERCARD International has joined with the US-based mPower Software Services to form a 51:49 joint venture, MPact Technology Services. The Chennai-based MPact would develop and maintain MasterCard-owned software for handling its core ... More SECURITISATION Citigroup's floating rate securitisation transaction CITIGROUP has completed what it calls, `India's first floating rate' securitisation issuance. The transaction, which closed in November, involved securitisation of receivables aggregating Rs 281 crore arising from fixed rate auto loans ... More EVENTS 
Help develop aquaculture, banks toldBANKS should come forward to finance small farmers rather than big processors or exporters to help aquaculture development in the State, Mr K. Jose Cyriac, Chairman, Marine Products Export Development Authority, has said. The small farmers are ... More ECONOMIC OFFENCES Bank of Rajasthan scam: HC denies bail to Vinod Baid A DIVISION Bench of Calcutta High Court comprising Mr Justice N.A. Choudhury and Mr Justice G. Gupta on Wednesday refused to grant bail to Mr Vinod Baid, one of the prime suspects in the Bank of Rajasthan scam. Mr Baid was arrested by the CBI, ... More TRENDS Telgi scam effect — Banks to source stamp paper from treasury THE Telgi stamp paper scam is forcing public sector banks on a state of alert to avoid getting trapped in the muddle. Shunning their earlier practice of allowing outsiders to source stamp papers for executing loan agreements, banks are now ... More Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
 Mid-Term Monetary and Credit Policy for the year 2003-2004 Pick a Winner Stock Market Contest
Top Stories In Focus Steel Industry in 2003 Outsourcing backlash Stamp paper scam Housing finance scenario Insurance Round-up — 2003 Organic farming The Cable tangle Telecom Competition Oil PSUs: Disinvestment dilemma Rising intolerance (The Hindu) Vaishnavaite Temples in Tamil Nadu (The Hindu) Saivite Temples in Tamil Nadu (The Hindu) In Depth Insurance Corner Swati CA Simple Economics Slowburn Tax Talk NRIs & Investment Avenues Iraq Diary Looking back Nov. 30-Dec. 6 `Indian banks poised for further growth' PSBs finalise new PLR formula The missing linkages for borrowers Consolidation boosts bank stocks Benchmark PLR may be in double digits |
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