The Hindu Business Line : Monday, February 23, 2004

PENSION PLANS
Public sector pension fund manager — UTI Mutual may join hands with LIC
"The structure for the public sector pension fund manager would be worked out shortly. It could be a tie-up between UTI MF and LIC," top officials of the Finance Ministry said. More

INSIGHT
Internet Banking
ALL bankers, including those, if any, in the Reserve Bank of India, engaged in futuristic research on e-money and e-banking, must go through the very comprehensive working paper brought out by the IMF in the current ... More

LIFE INSURANCE
`Corporate club' incentive for LIC agents
AFTER the million dollar round table qualification (MDRT) for high performing agents of the Life Insurance Corporation (LIC), a new `Corporate Club' incentive that will entail agents to get a car advance of up to Rs 10 lakh is in the ... More

PUBLIC SECTOR BANKS
Award for Corpn Bank
MANGALORE: Corporation Bank has won the "Best Public Sector Bank" award from Outlook Money magazine, according to a bank release here. The Chairman and Managing Director of the bank, Mr K. Cherian Varghese, and the Executive Director, ... More

GOVT BONDS
Bond yields track inflation; insurers active
BONDS continued their slide, pushed by aggressive open market operations by the Reserve Bank of India to mop up excessive liquidity induced by foreign currency inflows. The hardening of yields or falling prices was also caused by high ... More

NON-PERFORMING ASSETS
Demystifying China
One of the major problems that beset the Chinese economy is its fragile banking system which is plagued by very high non-performing loans. More

TRADE & LABOUR UNIONS
LIC agents support strike call
THIRUVANANTHAPURAM: The LIC Agents Organisation of India has called upon the agent community to extend support and join the general strike on Tuesday, February 24. It may be recalled that the Central trade unions and federations of the ... More

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