Financial Daily from THE HINDU group of publications
Tuesday, April 12, 2005
Financial Daily from THE HINDU group of publications Tuesday, April 12, 2005 |
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MONEY & BANKING INSIGHT Basel II Accord: More credits than debits The Basel Committee is treading carefully in introducing the advanced approaches for measurement of capital charge for credit and operational risk. Skilled personnel with expertise in quantitative techniques would be critical for successfully impleme nting Basel-II, especially the advanced approaches. Therefore, banks need to devise systems to attract and retain personnel with the requisite skills. More FOREX Gilts range-bound; rupee tad firmer MUMBAI: Bond prices traded in a narrow range and saw a marginal rise of around 10 paise in select maturities in a lacklustre government securities market. The 10-year-7.38-per-cent 2015 benchmark paper closed at Rs 102.75/85 (7.01 per ... More LIFE INSURANCE Aegon in talks with potential Indian partners DUTCH insurer Aegon NV is in talks on a possible insurance partnership in India, the Country Manager, Mr Vimal Bhandari, told the Dutch newspaper Het Financieele Dagblad in an interview published on Monday. Mr Bhandari said that India's ... More
MetLife branch inaugurated at Mangalore GENERAL INSURANCE New norms for marine insurance schemes — IRDA dashes shipping cos' hopes to cut cost THE new guidelines issued by the Insurance Regulatory and Development Authority (IRDA) for war risk and marine hull insurance schemes have shattered shipping companies' hopes to gain from lower insurance cost in the current fiscal. These two ... More PUBLIC SECTOR BANKS Higher provisioning to trim United Bank's profit THE net profit of United Bank of India during 2004-05 would post a negative growth at an estimated Rs 203 crore, as against Rs 315 crore in the previous year. This is despite a 21 pc growth in total business at an estimated Rs 37,430 crore (Rs ... More
IOB performance to be impressive, claims its CMD NON-PERFORMING ASSETS 
ING Vysya hopes to reduce NPAs to 2 pcING Vysya Bank has said it expects the level of its bad loans to come down to two per cent of advances in the current fiscal from 2.6 per cent in December 2004. "Our target is two per cent of net advances," said Mr Bart Hellemans, Managing ... More CREDIT CARDS & DEBIT CARDS 
Centurion Bank plans to launch credit cardCENTURION Bank plans to launch its credit card by the third quarter of the current fiscal. The bank is yet to finalise whether it would launch a proprietary card or tie up for a co-branded card. But a decision would be taken soon, said Mr ... More TRADE & LABOUR UNIONS SBIOA opposes move to dilute Govt equity in banks THE State Bank of India Officers' Association (SBIOA), Chennai Circle, has termed the move for merger and consolidation of banks a retrograde step and opposed any move to dilute the government equity in public sector banks. The association at ... More
IOB officers union against GDR issue VENTURE CAPITAL 
ICICI Group forays into realty — Arm sets up dedicated fund; partners Tishman SpeyerICICI Group plans to make a major leap into real estate development, covering both commercial and residential complexes. The group's foray into real estate development will be led by ICICI Venture Funds Management Co, a subsidiary of the ... More Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
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Top Stories In Focus BHEL Disinvestment China's 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 Apr. 3-Apr. 9 Forex reserves down $1.22 b at $140.9 b The RBI Governor's policy options Explosive growth in micro-loan disbursements Banks losing interest in long-dated G-secs April 28 deadline set for pension panel report PF subscribers face housing loan woes |
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