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Monday, June 06, 2005
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MONEY & BANKING

SOFTWARE


A nose to sniff out crime
Anti-money-laundering initiatives are gaining currency. And technology is helping banks to sniff out the complex trails of crime. More

NBFCS


NBFCs active players in securities market
BONDS remained firm throughout last week as life insurance companies, both in the public and private sectors, provided support. Bankers said that oil continued to be a major cause of worry since international prices have already shot up close ... More

Manappuram Finance to give 12 pc dividend
THE Manappuram General Finance and Leasing Ltd (MAGFIL), the flagship company of the Thrissur-based Manappuram group, has recommended a dividend of 12 per cent on its paid up capital of Rs 4.5 crore for the year 2004-05 as against 11 per cent ... More

HOUSING FINANCE


Assocham pitches for rural home loans at 6 pc interest
THE Associated Chambers of Commerce and Industry of India (Assocham) has called for a new National Housing and Habitat Policy aimed at promoting rural housing under Bharat Nirman Project with a minimum interest rate of six per cent and lock-in ... More

HUMAN RESOURCES


PSBs wary of differential pay packages
PUBLIC sector banks appear to be wary of rocking the boat on the staff remuneration front by offering differential pay packages. Barely months after being permitted to offer higher pay packets to their brighter staff by the Government, several ... More

PUBLIC SECTOR BANKS


Oriental Bank targets 35 pc growth in AP
ORIENTAL Bank of Commerce is targeting a growth of around 35 per cent in its business during the current fiscal in the Andhra Pradesh region. To meet this goal, the bank has chalked out a plan that involves expanding the branch network by ... More

MERGERS & ACQUISITIONS


South Indian Bank looking at small North-based banks
"MERGERS and acquisitions are the way forward for small but dynamic banks looking for rapid growth," according to Dr V.A. Joseph, who is slated to take over as Chairman of South Indian Bank on Monday. With the RBI stipulation that private banks ... More


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Top Stories
NBFCs active players in securities market


`Intel's India investment strategic, long-term'

Assocham pitches for rural home loans at 6 pc interest

Cotton imports may slow down: USDA

Industrial growth in China and India — The real story behind the numbers

In Focus

BHEL Disinvestment
China's revaluation
Dabhol power regenerated
Tracking the rains
Sethusamudram Canal Project
India Inc's overseas acquisition
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In Depth

Gender Justice
Simple Economics
Tax Talk
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Looking back
May. 29-Jun. 4
Forex reserves down $520 m

Life insurers, MFs keep bond market buoyant

Insurers may hike premiums on corporate medical covers

Insurers prefer corporate agency tie-ups to referrals

NGO's 2-pronged strategy to help raise milk yield

Tax on cash withdrawals takes effect

Medium term bank deposits continue to rule supreme!

IBA signs wage pact with unions

NBFCs allowed to borrow overseas


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