The Hindu Business Line : Monday, May 16, 2005

Asian Monetary Fund — A monetary physician with a human face
SOME TIME back, I had commented in this column on a suggestion mooted by Mr Haruhiko Kuroda, then President-designate and now President of the Asian Development Bank, regarding the setting up of arrangements to create an Asian Currency Unit, on ... More

LIFE INSURANCE

Solvency margin: Pvt insurers feel the pinch
If a company collects Rs 20 as premium and provides an insurance cover for Rs 100, the risk element is Rs 80. The solvency margin is calculated on Rs 80. More

PUBLIC SECTOR BANKS

Not many takers for SBI exit option
THE `frustrated and demotivated' employees for whom State Bank of India designed an exit option scheme recently are now a dejected lot thanks to an embedded caveat stipulating application of the scheme to a select few only. The central board ... More

GOVT BONDS

Kerala to raise Rs 422.92 cr
THIRUVANANTHAPURAM: The State Government is planning to approach the market for raising developmental loans of Rs 422.92 crore. The sale of issue will take place at the Thiruvananthapuram and Mumbai offices of the Reserve Bank of India on ... More

CO-OPERATIVES

AP Scheduled castes co-op finance draws up Rs 231-cr action plan
THE Andhra Pradesh Scheduled Castes Co-operative Finance Corporation (APSCCFC) has firmed up an action plan with an outlay of Rs 231 crore for the current financial year. Disclosing this at a media conference, its Chairman, Mr R.D. Wilson, said ... More

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