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Monday, December 15, 2003
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MONEY & BANKING

FOREX


Asian central banks act `parachutes' for dollar
IN the last article (November 24) we had looked at how the US would have to support an even weaker dollar to shrink its current account deficit. One would wonder why the currency market does not quickly take the dollar down to a level which ... More

INSURANCE


Insurers may have to top up capital: IRDA
THE Insurance Regulatory and Development Authority (IRDA) is of the view that insurance companies in India may operate on increased capital bases, of which only 26 per cent can be currently held by foreign insurers. "With the volume of business ... More

GENERAL INSURANCE


NICL eyes Rs 200-cr income from bancassurance
NATIONAL Insurance Company Ltd (NICL) has targeted a premium income of Rs 200 crore this year from its bancassurance arrangements. Speaking to newspersons after signing its eleventh bancassurance arrangement with State Bank of Mysore (SBM), Mr ... More

  • Royal Sundaram opens branch at Kochi

    PRIVATE BANKS


    Karnataka Bank to sell Bajaj Allianz products
    KARNATAKA Bank will sell Bajaj Allianz General Insurance Company's products following an agreement signed here today. Addressing newspersons after finalising the agreement, Mr Ananthakrishna, Chairman of Karnataka Bank, said that the tie-up is ... More

  • SIB-Lifeline launched

    GOVT BONDS


    Bond yields seen hardening
    BOND markets remained stable on the back of interventions by the Reserve Bank of India and support from life insurance companies. Traders said that that the firming up of the markets was partly driven by purchases from life insurance companies ... More

    MERGERS & ACQUISITIONS


    `PSU bank mergers yes, but not now'
    THE RBI Governor, Dr Y.V. Reddy's recent remarks at the Bank Economists' Conference may have sparked off a fresh debate on mergers and acquisitions among Indian banks, but public sector banks do not see any such moves towards consolidation in the ... More

    CO-OPERATIVES


    Prudential depositors for early bank revival
    THE depositors' association of the scam hit Prudential Co-op Bank, has appealed to the Government, the Reserve Bank of India and the bank management to ensure early sanction of the Rs 300 crore revival plan, which could help provide some relief ... More
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    CII-Ascon survey shows growth at faster clip

    Top IT firms clock rise in staff cost

    Tea Board mulls new package for bulk growers

    New debt swap package for States in offing: Jaswant

    Coastal movement of POL products — Oil cos' proposal to water down cost

    Drinking water for all — A mission that needs vision

    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
    Dec. 7-Dec. 13
    Forex kitty up $ 698 m

    RBI's sterilisation report: Mild tremors in the market

    `Lending rates to fall with new PLR'

    Telgi scam effect — Banks to source stamp paper from treasury


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