Financial Daily from THE HINDU group of publications
Saturday, June 25, 2005
| Forex Rates | ||||||
|
Financial Daily from THE HINDU group of publications Saturday, June 25, 2005 |
|
||||||||
|
|
|||||||||
|
MONEY & BANKING OVERSEAS BORROWINGS 
Corporation Bank to raise $98 m via overseas loansTHE board of directors of Corporation Bank has given its nod for raising $98 million from overseas banks. Addressing newspersons here on Friday, the Chairman and Managing Director of Corporation Bank, Mr V.K. Chopra, said the bank had been ... More FOREX External debt up 7.2 pc THE country's external debt increased 7.2 per cent to $120.9 billion at the end of December 2004, against $112.8 billion at end-December 2003. At the end of December 2002, external debt was $105.4 billion. A status report on the country's ... More
RBI group proposes further deregulation of forex market
Rupee tad higher; bond prices fall GENERAL INSURANCE AP to renew accident cover HYDERABAD: The Andhra Pradesh Government has decided to renew `Apathbandhu', the accident insurance scheme, for one more year commencing from October 2, 2005 in favour of ICICI Lombard. According to an official release, the insurance ... More FINANCIAL POLICY Bill to enable banks to file returns on foreign contributions THE Government may mandate commercial banks to file returns with the Union Home Ministry on all foreign contributions flowing into the accounts held by NGOs and other associations. The main objective behind such an exercise is to ensure better ... More RBI & OTHER CENTRAL BANKS Reserve Bank slaps Rs 5 lakh fine on ING Vysya Bank THE Reserve Bank of India on Friday imposed Rs 5 lakh penalty on ING Vysya Bank Ltd, for not deducting the full amount of unamortised Voluntary Retirement Scheme expenditure and violating RBI regulations, said a press release from RBI. This ... More PRIVATE BANKS TMB ties up for money transfer service TAMILNAD Mercantile Bank (TMB) has signed an agreement with Kuoni Travel (India) Pvt Ltd to offer Western Union Money Transfer service in India for remittances from non-resident Indians from foreign countries. As per the RBI guidelines, the ... More NON-PERFORMING ASSETS Indian Bank takes possession of Binny property INDIAN Bank has taken possession of the corporate office of Binny Ltd consisting of 37.060 grounds, under the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act 2002. The bank had issued a demand ... More TRADE & LABOUR UNIONS Insurance TUs for unconditional talks on wage revision THE various general insurance staff unions have urged the General Insurance Public Sector Association (GIPSA) not to place any pre-conditions for the wage revision discussions to be held in Delhi next Tuesday. In the exploratory meeting held ... More Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
Pick a Winner Stock Market Contest
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 Jun. 12-Jun. 18 Beware housing bubble: Parekh `Enough liquidity to meet growth needs' Govt offers more autonomy to PSBs `SMEs may be hit if interest rate cap on export credit is hiked' RBI panel for hike in foreign currency export credit rates Aviva shows interest in AMP Sanmar Life BoI, SIDBI tie up to boost credit to SMEs |
|
The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription Group Sites: The Hindu | Business Line | The Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home | Copyright © 2005, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line |