The Hindu Business Line : Monday, February 14, 2005

Awards for Corpn Bank
CORPORATION Bank has bagged the runner-up awards in `Best online and multi-channel banking team' and `Outstanding achiever of the year - corporate' categories in recognition of its achievement in banking technology for 2004. A bank release ... More

CONSUMER FINANCE

Andhra Bank pact with BITS

DEBT MARKET

Securities rally on surge in liquidity
BONDS rallied last week powered by a liquidity surge in the markets due to mounting deposits with banks. The rally was also driven by the absence of Government borrowings. The Government concluded its last tranche of borrowings for this ... More

RBI & OTHER CENTRAL BANKS

Large capital inflows pose monetary policy challenges: RBI chief
THE large capital inflows witnessed in recent years are posing major challenges in formulating the monetary policy and in exchange rate management, according to the RBI Governor, Dr Y. Venugopala Reddy. Dr Reddy expressed his opinion in a ... More

No shortage of coins in Kerala, says RBI
THIRUVANANTHAPURAM: The Reserve Bank of India (RBI) has stated that there is no dearth of coins of any denomination in the State. An official spokesman asked the people to assert the right to get the appropriate change and not to accept ... More

PUBLIC SECTOR BANKS

SBI plans more ATMs in TN
MADURAI: State Bank of India will commission 60 ATMs in Tamil Nadu by the month-end, according to the SBI Chief General Manager, Mr P. Chaudhuri. He told mediapersons here that these would be in addition to the existing 300 ATMs. The ... More

INTEREST RATES

Data point to status quo in RBI stance
FRANKLY, I was bullish in the short term when the 10-year yield was at 6.55 the last time around. But to my despair, I was wrong. Rates climbed a good 20 basis points from there on the back of bearish minutes of the last Fed meeting coupled ... More

INTERVIEW

`We feel we must do something for the co-op bank fraternity'
SARASWAT Co-operative Bank has been among the first to approach the Reserve Bank of India with a proposal to take over three weak urban co-operative banks. Mr S.K.Banerji, Managing Director of the multi-state urban co-operative bank, explained ... More

CO-OPERATIVES

Looking for a fresh start — Joining hands to survive
According to some of the banking industry analysts, co-operative banks would be in the running for a place in the fastest growing sectors in the country. More

Focus on personal attention and service
PERSONALISED attention and quality service, which are perhaps the success mantras for any service industry, are also the hallmarks of Greater Bombay Co-operative Bank Ltd. The urban co-operative bank, which was established in 1952, has 18 ... More