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MONEY & BANKING
HOUSING FINANCE
LIC Housing Fin against poaching of loan accounts
LIC Housing Finance will not poach customers from other housing finance companies. "For one thing, it is unethical and for another, it could result in (us taking over) bad loans," Mr S. Nallakuttalam, Regional Manager, told Business ...
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PUBLIC SECTOR BANKS
Allahabad Bank sets sights on overseas markets
ALLAHABAD Bank plans to tap overseas markets such as China, Sri Lanka and Indonesia to tap trade synergies. Talking to newspersons following his first board meeting as the CMD, Mr O.N. Singh said, "There is a need for diversification into new ...
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GOVT BONDS
Bonds get support from forex inflows
BOND markets firmed slightly last week, fuelled by foreign exchange flows and on the support of large institutional purchases, in particular insurance companies. Traders said that among the large buyers include all the life insurers. LIC has ...
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CREDIT MARKET
LAF implementation key for interest rates
The LAF report talked about a lower bound on overnight rates at 3.5 per cent in the form of a statutory deposit and an upper bound at 6 per cent in the form of sectoral and PD refinance.
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Mid-Term Monetary and Credit Policy for the year 2003-2004
Pick a Winner Stock Market Contest
Top Stories
Auto stocks in top gear in 2003
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Steel Industry in 2003
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Insurance Round-up — 2003
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The Cable tangle
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NRIs & Investment Avenues
Iraq Diary
Looking back
Dec. 14-Dec. 20
`India largest recipient of remittances in Third World'
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Forex reserves jump $1.45 b
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Govt buyback of equity from banks likely after Budget
Will the rupee maintain upward trend?
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