Financial Daily from THE HINDU group of publications
Saturday, June 11, 2005
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Financial Daily from THE HINDU group of publications Saturday, June 11, 2005 |
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MONEY & BANKING FOREX Rupee range-bound; bond prices fall MUMBAI: The rupee was largely range-bound against the US dollar on Friday and ended a shade lower at 43.5250/53, a tad higher than Thursday's close at 43.5350/54. In the forwards market, there was a rise as the 12 month closed at 1.25 ... More INFORMATION TECHNOLOGY All HDFC Bank branches linked to RTGS network HDFC Bank has achieved complete Straight Thru Processing (STP) by integrating all 470 branches to the Real Time Gross Settlement System (RTGS) network, said a press release from the bank. RTGS System is a payment platform where instructions ... More LIFE INSURANCE Insurers in a tizzy over `false' accident claims RISING accident claims have put the four public sector general insurance companies in a tight spot, as they reportedly shell out more than Rs100 crore as accident claims per year in Tamil Nadu alone. Insurance company officials allege that in ... More PUBLIC SECTOR BANKS 
UCO Bank plans to raise Tier II capitalUCO Bank has set a target of Rs 1,000 crore of operating profit and Rs 500 crore of net profit for the current fiscal, according to Mr V. Sridar, CMD.In 2004-05, the bank posted an operating profit of Rs 819 crore and net profit of Rs 346 ... More NON-PERFORMING ASSETS 
Kotak Mahindra Bank buys Rs 1,000-cr stressed assetsIN its attempt to lend a helping hand to clean up a part of the financial sector's bad debts, Kotak Mahindra Bank has bought stressed assets from a number of banks, which at full loan value would stand at Rs 1,000 crore. The assets have been ... 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 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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