The Hindu Business Line : Wednesday, January 19, 2005

Nabard offers loans for breeding indigenous cattle
FOR a few decades, the focus was on cross breeding of cattle. But with farmers gradually realising the merits of preserving indigenous breeds of cattle and other animals, the National Bank for Agriculture and Rural Development (Nabard) has ... More

Govt upbeat on farm credit targets
REITERATING the Government's commitment to the weaker sections of society, especially the farming community, the Union Finance Minister, Mr P. Chidambaram, said the Government was confident of surpassing the targets fixed for credit disbursal to ... More

INSIGHT

Search for the Holy Grail
All that can be said with certainty is that the risks to real economies from financial market turbulence have never been more than in present times. More

FOREX

Rupee sheds 8 paise; g-secs weak
MUMBAI: The rupee closed weaker against the dollar at 43.74/75 on Tuesday on renewed interest in the US currency. The rupee had ended on Monday at 43.66/68 levels. According to a dealer at a private bank here, the firm trend in ... More

STOCKS

Market participants upbeat on banking stocks
However, analysts are of the view, that since this sector has been `overbought' it is seeing some kind of technical correction from January 4. More

FINANCIAL PERFORMANCE

Allahabad Bank Q3 net rises 61 pc — Revival plan for finance arm on track
ERNST & Young, appointed by Allahabad Bank to work out a revival plan for its subsidiary Allbank Finance, has recommended that the company be turned into a merchant banking and project appraisal outfit, capable of generating substantial fee-based More

PRIVATE BANKS

Pvt bank officers oppose FDI hike
THE All-India Private Sector Bank Officers' Federation, which has opposed the Union Finance Ministry's proposal to increase foreign direct investment (FDI) in private sector banks to 74 per cent, has said that it will affect their working and in ... More

PUBLIC SECTOR BANKS

Andhra Bank advances board meet
HYDERABAD: Andhra Bank has informed the stock exchanges on Tuesday that the meeting of its board of directors, which was originally scheduled for January 27, has now been advanced to January 25. The board will take on record the ... More

Syndicate Bank aid for tsunami relief
BANGALORE: Syndicate Bank has contributed Rs 2.5 crore to the Prime Minister's tsunami relief fund. A bank release said the banks' employees contributed another Rs 2 crore, comprising two days' salary, to the relief fund. ... More

MERGERS & ACQUISITIONS

Allahabad Bank may take over south-based bank
Allahabad Bank may consider a strategic alliance with another bank, preferably a public-sector player that has close links with the southern region, Mr O.N. Singh, CMD, Allahabad Bank, indicated. Also, he did not rule out a takeover. "We have a ... More

TRADE & LABOUR UNIONS

AP RRB staff plan dharna

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