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Monday, March 14, 2005

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MONEY & BANKING

INSIGHT


Are NBFCs being hounded out?
A MICRO-FINANCE institution or even a non-governmental organisation can borrow money through the ECB (external commercial borrowing) route, but not NBFCs (non-banking financial institutions), which have been doing just ... More

Data mining key to control operational risks in banks
Putting all the data points together and finding out trouble spots are the keys to control operational risk. More

FOREX


Current account matters in currency market
Over the past five weeks, the broader trade-weighted index has shed 2.5 per cent of its value. This erases all of the gains recorded during the preceding five weeks and brings the cumulative decline from the peak of February 2002 to 16.8 per ... More

INFORMATION TECHNOLOGY


CUB to install 30 more ATMs
A BANK putting up a few ATMs is no big deal. But City Union Bank's ATM initiative is different — in scale. The Kumbakonam-based bank currently has seven ATMs; and in the next two months, it plans to install 30 more. Why this sudden ATM ... More

DEBT MARKET


Bond traders cautious on rising oil prices
BONDS remained steady last week despite surge in foreign currency inflows as traders preferred to remain cautious due to rising oil prices in the global markets. Oil prices touched record levels in recent weeks at $55 a barrel. As a ... More

PRIVATE BANKS


IDBI Bank in talks with AP, Karnataka for tax collection
IDBI Bank, which recently tied up with five State Governments for collection of sales tax and stamp duty, is currently in the final stage of negotiations with the Governments of Andhra Pradesh and Karnataka for similar alliance, said Mr D.C. ... More

PUBLIC SECTOR BANKS


Corporation Bank to focus on rural development
IMPLEMENTATION of rural development programmes and introduction of `innovative technology-driven' products are high on the agenda of Corporation Bank during the centenary year, according to the Chairman and Managing Director of the bank, Mr V.K. ... More

FINANCIAL INSTITUTIONS


IDBI allots Rs 100 cr for hotel projects
IDBI has set aside Rs 100 crore for upgrading and modernisation of hospitality industry projects, said Mr R. Jayaraman Iyer, Executive Director, IDBI. He was speaking at an interactive session with members of the South India Hotels and ... More

CREDIT CARDS & DEBIT CARDS


Are you speaking or paying?
Your mobile phone can double up as a credit card at the shopping mall. Here's how. More

EVENTS


Race for health awareness
VISAKHAPATNAM: ING Vysya Bank conducted `Race to Health', a health awareness event here on Sunday.The event was flagged off by Mr.N.K Guptha, Chairman and Managing Director, Dredging Corporation of India. More than a thousand members of ... More

IPOS


PNB fixes public issue price at Rs 390 per share
PUNJAB National Bank (PNB) today announced that it had fixed the issue price for its latest public issue at Rs 390 per share. The bank had fixed a price band of Rs 350 to Rs 390 for its book-built issue, which had opened on March 7 and closed ... More


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Top Stories
Gujarat flags off bio-diesel buses


Bond traders cautious on rising oil prices

World Bank gives in-principle nod for $500 m support to e-governance plan

Current account matters in currency market

IDBI allots Rs 100 cr for hotel projects

On fringe taxes and all that — Rollback is not a dirty word

Dairy products export set to cross Rs 500 cr — GCMMF pegs export turnover at Rs 125 cr

Mercator plans Rs 1,300-cr fleet expansion

In Focus

BHEL Disinvestment
The Yuan Revaluation
Dabhol power regenerated
Tracking the rains
Sethusamudram Canal Project
India Inc's overseas acquisition
More

In Depth

Gender Justice
Simple Economics
Tax Talk
More

Looking back
Mar. 6-Mar. 12
Bank credit up by Rs 5,461 cr

Chidambaram says no to withdrawal of service tax on forex payments

Bankers not happy over diktat on farm credit

Market stabilisation scheme may cost Centre Rs 3,000 cr this year

Reality check on interest rates

Insurers feel the heat of `fire' claims

Insurance sector faces high rate of attrition

Financiers upbeat on used car loans

PSU insurers liquidate equity investments


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