The Hindu Business Line : Sunday, January 04, 2004

FOREX
Forex reserves up $541 m
ANOTHER $ 541 million has been added to the country's forex kitty for the week ended December 26, 2003 taking the total reserves to $ 100.590 billion up from $ 100.049 billion in the previous week. According to the latest RBI statistics, the ... More

HOUSING FINANCE
Home loan recoveries: Practices `unfair and fair'
IF you had availed yourself of a loan from LIC Housing Finance and defaulted in repayment, you will probably see your picture and that of your family members in a leading daily one of these days (if it has not appeared already!). This is the ... More

GENERAL INSURANCE
Referendum on TUs for recognition in insurance cos
THE referendum to accord recognition to trade unions in the public general sector insurance companies - United India Insurance, New India Assurance, National Insurance and Oriental Insurance - would be held on February 10, according to Mr ... More

RBI & OTHER CENTRAL BANKS
RBI ups margin on loans against shares to 50 pc
AS the stock markets touched their historic highs, the Reserve Bank of India, on a precautionary note, today asked banks to increase the margin on fresh advances against shares/financing of initial public offerings to 50 per cent up from 40 per ... More

CREDIT MARKET
Exporters make a case for cheap dollar credit
AN irate exporter denounced the banks for what he called "Robinhood complex in the reverse"— take from the `poor' and give to the `rich'. "We are exporters; we earn our dollars," he said. But the banks take the dollars and lend them to ... More

REGULATORY BODIES & RULINGS
IRDA finds promising market for crop insurance
THE Insurance Regulatory and Development Authority (IRDA) is highly optimistic on the opportunities in the crop insurance segment to be thrown open for both public and private insurers in the near future. According to the IRDA Chairman, Mr C.S. ... More

Cross Currency Rates

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Forex reserves up $541 m

Exporters make a case for cheap dollar credit

IRDA finds promising market for crop insurance

'Service tax assessees can file single return'

Looking back
Dec. 28-Jan. 3
Plan panel wants educational loans at lower rates

Forex reserves: FII investment trend `will determine future'

Reflections on scoring a century

Syndicate Bank to offer Sabbatical

$100 billion: Understated, underexplained

Dollar breaches 1.25 to Euro

Why interest rates should go up

VRS for general insurance staff