Financial Daily from THE HINDU group of publications
Saturday, January 22, 2005
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Financial Daily from THE HINDU group of publications Saturday, January 22, 2005 |
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MONEY & BANKING EDUCATION SBI launches loan scheme for schools STATE Bank of India (SBI) has introduced a new scheme `School Plus' for promotion of computer education and training in approved schools with student strength of 500 and above. The scheme is applicable in Tamil Nadu and Pondicherry. According ... More NBFCS Govt urged to extend Sarfaesi Act to NBFCs THE Finance Industry Development Council (FIDC), the newly formed self-regulatory organisation (SRO) of the RBI-registered non-banking finance companies (NBFCs), has sought a separate funding institution/fund for the NBFC sector along the lines ... More LIFE INSURANCE Bajaj Allianz Life plans aggressive expansion BAJAJ Allianz Life Insurance Company Ltd has lined up an aggressive expansion drive and hopes to treble its premium income in the next financial year. "We are set to cross Rs 750-crore insurance premium in the current financial year. As on ... More GENERAL INSURANCE Thanks to Bajaj Allianz, bank guarantee burden off travel agents Even as their sales have grown with each year, more recently, they have also been able to do away with a major impediment to their business — putting up huge bank guarantees. This is thanks to a novel credit insurance scheme developed by ... More FINANCIAL POLICY `Banks should follow global currency management norms' THE Deputy General Manager of Reserve Bank of India, Mr S.M.N. Swamy, has said that all the commercial banks should fall in line with global standards in currency management. Addressing the members of the Kanara Chamber of Commerce and ... More PRIVATE BANKS 
HDFC Bank prices ADS at $39.26HDFC Bank is raising $260 million through an offering of 6,644,665 American Deposit Receipts. Each ADS representing three equity shares is priced at $39.26, the closing price of the ADS on the NYSE on Thursday, according to a JM Morgan Stanley ... More
Centurion Bank seeks to raise up to Rs 600 cr PUBLIC SECTOR BANKS With increase in credit offtake — PSBs not keen to return capital to Govt If credit expansion were to be sustained, the banks would require additional capital. Returning capital at this juncture would only weaken their Tier I capital, say bankers. More
Dena Bank to recruit specialists
`Govt must set sub-targets for farm credit'
PNB plans lending camps in Palakkad TRADE & LABOUR UNIONS Dena Bank employees plan strike on Jan 24 THE All India Dena Bank Employees Coordination Committee will organise a strike as part of its strategy to oppose the government's move to reduce its holding in the bank to 51 per cent. The committee has proposed to take organisational steps, ... More PEOPLE Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
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Top Stories In Focus BHEL Disinvestment The Yuan Revaluation Dabhol power regenerated Tracking the rains Sethusamudram Canal Project India Inc's overseas acquisition
In Depth Gender Justice Simple Economics Tax Talk
Looking back Jan. 9-Jan. 15 Bank credit up Rs 13,643 cr Bond traders don't see a bull run PSBs nonchalant over sunset clause on NPAs With ICAI amending MCS definition — CAs can render financial insurance advisory services FII flows and RBI's dilemma |
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