The Hindu Business Line : Sunday, June 05, 2005

Banks must find newer ways to raise capital: Chidambaram
A DAY after he ruled out dilution of Government stake below 51 per cent in public sector banks, the Union Finance Minister, Mr P. Chidambaram, said that banks must explore innovative ways of finding new capital. Speaking at the bicentennial ... More

PSBs can raise more capital without Govt stake dilution
EVEN without the dilution of Government stake to less than 51 per cent, listed public sector banks should be able to raise more than Rs 30,000 crore in additional capital (equity plus debt) with their current financials. That should enable ... More

$25,000 overseas investment facility finds no rush yet
THE carrot of foreign investments has been dangling for over a year now, but investing abroad is proving to be a moving target for Indian investors. Though the then Finance Minister, Mr Jaswant Singh, announced in January 2004 that foreign ... More

38.5 pc households live in 1-room units
TWO out of five households in the country dwell in homes that have only one room. While only about one in 10 households in Kerala has to adjust itself to these cramped conditions, the proportion of households that have to somehow manage is ... More