The Hindu Business Line : Monday, May 24, 2004

FOREX
Forward premiums should move right
The earlier urgency to sell dollars at all levels in the fear that the level might not be seen again at all is clearly missing. More

Is the rupee losing shine?
AFTER betting on an appreciating rupee for the last six months, recent domestic and external developments have thrown currency experts and analysts into a tizzy about how the domestic currency will behave in the medium to long term. The fate of ... More

PUBLIC SECTOR BANKS
SBT opens cross-selling dept in Kochi
KOCHI: The State Bank of Travancore has opened its cross-selling department at SBT Bhavan in Kochi. Inaugurating the new department, Mr S. Sridhar, Deputy General Manager, said that the bank opened this new facility exclusively for ... More

GOVT BONDS
Markets anticipating huge Govt spending
BONDS stabilised at low levels last week after tumultuous sessions as most traders preferred to restrict their exposures and remain cautious. Traders said they preferred caution since the Monetary PolicyStatement failed to provide any major ... More

CO-OPERATIVES
Dakshina Kannada Co-op bank posts profit
MANGALORE: The Dakshina Kannada Government Officials' Co-operative Bank Ltd, Mangalore, has registered a net profit of Rs 40.54 lakh during 2003-04. According to a press release here, the bank has declared 20 per cent dividend to its ... More

Cross Currency Rates

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