FOREX
Rupee firms up; gilts retreat
MUMBAI: The rupee closed at 45.26 per dollar, marginally stronger than its previous close at 45.2875/2925 on Tuesday. Forex markets remained closed on Wednesday on account of a public holiday. After opening at 45.2650 per dollar, the ... More

HOUSING FINANCE
Want more money? `Top up' your home loan
DO you want to buy a car? Want to go on that long-delayed holiday? Splurge on jewellery? Take a home loan! Housing finance companies and banks now will let you "top up" your existing housing loan. Officially, the loan is given for ... More

Scratch your card for home loan at 4.99 pc
AFTER mass-market consumer products and white goods, the "scratch card syndrome" seems to have spread to ICICI Bank home loans. ICICI Home Finance today announced a `Home Utsav' at Gurgaon near Delhi, where customers will get a scratch card ... More

CREDIT RATING

PRIVATE BANKS
CUB targets Rs 10,000-cr biz
THE Kumbakonam-based City Union Bank Ltd (CUB) is gearing up to achieve a business of Rs 10,000 crore by 2007. The bank is targeting to double its business within the next three years. The total business at present is Rs 4,400 crore, with ... More

PUBLIC SECTOR BANKS
UCO Bank trims crop loan rates
UCO Bank has reduced its interest rate on crop loans by half a percentage point. Effective March 1, loans up to Rs 50,000 will carry an interest rate of 8.5 per cent. Loans between Rs 50,000 and Rs 2 lakh will carry a rate of 9.5 per cent, a ... More

FINANCIAL INSTITUTIONS
SIDBI in pact with 5 SFCs to revamp Rs 2,000-cr debt
SIDBI, the apex refinance organisation for the small-scale industries, has entered into agreements with five sick State finance corporations (SFCs) to restructure debt worth Rs 2,000 crore. ``Under the agreement the State finance corporations ... More

GOVT BONDS
Sale of 8 State loans closed
THE `on tap' sale of eight State development loans closed on Thursday on receipt of the targeted amounts. The 5.85-per cent State development loans of 2015 maturity of Bihar, Karnataka, Kerala, Maharashtra, Punjab, Rajasthan and Tamil Nadu have ... More

CREDIT CARDS & DEBIT CARDS

EVENTS