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Wednesday, May 25, 2005

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MONEY & BANKING

INSIGHT


MIFOR exit will narrow options on risk management
The beauty of a MIFOR swap is that it is a pure rupee swap but also offers protection against currency risk. More

FOREX


Rupee tad weaker; bond market upbeat
MUMBAI: The rupee depreciated on strong dollar demand on Tuesday to end at 43.50/51, from the previous close of 43.44/45. The rupee opened at 43.51/52 and then remained largely range bound, witnessing no big trades. It touched an ... More

FINANCIAL PERFORMANCE


ECGC nets Rs 516 cr premium income
THE Export Credit Guarantee Corporation (ECGC) has netted a provisional premium income of Rs 515.88 crore for the financial year 2004-05. The corporation has settled claims worth Rs 350 crore in this period. Disclosing this at an exporters' ... More

DEBT MARKET


10-year yields dip as corporates are back
Following the re-entry of corporates into the G-Secs market, the build-up of short-term time deposits and demand deposits within the banking sector has slowed down. More

HUMAN RESOURCES


UCO Bank drafting new HR plan
IN its bid to enhance competitiveness, UCO Bank is working on a strategy with a focus on human resources development. "One day, all banks will be on par in terms of technology; it is the quality of employees that will make the difference," Mr ... More

PUBLIC SECTOR BANKS


PNB's new ATM at Angamally
KOCHI: Punjab National Bank has opened a new ATM in the State at Angamally. Dr K.S. Radhakrishnan, Vice-Chancellor, Sree Sankara University of Sanksrit, inaugurated the ATM. The Kerala Zonal Manager, Mr S.V. Shenoy inaugurated the new ... More


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Top Stories
Debtor days on the rise for bigger firms


20 Bt cotton strains available to farmers for sowing this year

Cell sites sharing: Rivals become partners

10-year yields dip as corporates are back

MIFOR exit will narrow options on risk management

In Focus

BHEL Disinvestment
China's 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
May. 15-May. 21
Forex reserves fall $423 m

Banks to get more leeway in call money market

PSBs suffer 9% dip in profits, see rise in lending

Shriram group picks S. African partner for life insurance foray

Pvt banks as RRB sponsors seems a good bet


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