![]() Financial Daily from THE HINDU group of publications Monday, December 15, 2003 |
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MONEY & BANKING FOREX
Asian central banks act `parachutes' for dollarIN 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
PRIVATE BANKS
Karnataka Bank to sell Bajaj Allianz productsKARNATAKA 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
GOVT BONDS
Bond yields seen hardeningBOND 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 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 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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