The Hindu Business Line : Saturday, February 12, 2005

How ready is RBI for Basel-II transition?
GOING through the RBI papers (2004) in public domain, one re-read a piece styled: `Implementation of Basel II: An Indian Perspective', detailing the issues which around 100 banks could face end-2006 when Basel II becomes an operational norm. ... More

PRIVATE BANKS

South Indian Bank seeks RBI nod to raise capital
THE South Indian Bank has written to the Reserve Bank of India seeking permission to raise its authorised capital from Rs 100 crore to Rs 200 crore, the bank's Executive Director, Dr V.A. Joseph, told Business Line today. Currently, the ... More

Lakshmi Vilas Bank clarifies
With reference to the news report "Foreign banking entities eye Lakshmi Vilas Bank stake'' that appeared in these columns on Friday (February 11), Lakshmi Vilas Bank reiterates that no due diligence has been conducted on the bank by any foreign ... More

Dhanalakshmi Bank plans 100 ATMs by September
DHANALAKSHMI Bank is planning to install 100 ATMs across the country by the end of September. The bank has outsourced ATM deployment from Euronet Services India Pvt Ltd. The deployment commenced with the setting up of a full-fledged ATM at ... More

PUBLIC SECTOR BANKS

Union Bank sees biz volume at Rs 1 lakh cr
UNION Bank of India (UBI) expects its business volume to cross Rs 1-lakh crore by the end of the current fiscal year, according to its Executive Director, Mr K. Rathnakar Hegde. After inaugurating the bank's newly shifted branch here on ... More

Andhra Bank opens ATM

FINANCIAL INSTITUTIONS

SIDBI sets up second fund
SMALL Industries Development Bank of India (SIDBI) is setting up a second national level fund — SIDBI Growth Fund - with a corpus of Rs 100 crore. This fund would focus on small units of various industries including software and IT ... More

TRADE & LABOUR UNIONS

Nabard staff stage sit-in
THIRUVANANTHAPURAM: Officers and employees of the National Bank for Agricultural and Rural Development (Nabard) staged a sit-in in front of the Regional Office here to press a series of demands, including retention of its status as a ... More

OUTLOOK

`Equity market can be good revenue source for banks'
DESPITE the enhanced capital market exposure norms for some banks from five per cent to 10 per cent on a case-by-case basis, the response from the banking industry to the stock markets have been muted. "Banks have not necessarily been major ... More

Comments & Letters to the Editor to: bleditor@thehindu.co.in
Subscribe to: Business Line

Pick a Winner Stock Market Contest

Taking IT to the masses — Microsoft funds 2 Trusts

`Payments' to Govt officials — Panel probing Xerox Modi to meet this month-end

`Advertisers prefer personality to sport'

IPO: 12 lakh shares reserved for Jet Airways employees

Industrial output up 7.9 pc in Dec

How ready is RBI for Basel-II transition?

In Focus

BHEL Disinvestment

The Yuan Revaluation

Dabhol power regenerated