Financial Daily from THE HINDU group of publications
Sunday, September 18, 2005
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Financial Daily from THE HINDU group of publications Sunday, September 18, 2005 |
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MONEY & BANKING FOREX Forex reserves drop by $278 m THE country's foreign exchange reserves dropped marginally by $278 million for the week ended September 9 due to currency revaluation. According to Reserve Bank of India's Weekly Statistical Supplement, total foreign exchange reserves ... More CONSUMER FINANCE HSBC's offers on the Kinetic HSBC has come out with a slew of offers on the Kinetic range of two-wheelers. HSBC's credit card holders can avail themselves of a discount of up to Rs 3,500 on the ex-showroom price of all Kinetic two-wheelers by opting for a finance scheme. ... More LIFE INSURANCE ING Vysya Life, Nainital Bank tie up NEW DELHI: ING Vysya Life Insurance Co Ltd has tied up with Nainital Bank for the distribution of life products to customers of the bank. The referral agreement was inked here between Mr Kshitij Jain, Director, ING Vysya Life, and Dr ... More GENERAL INSURANCE Oriental Insurance bags Paramount Airways deal ORIENTAL Insurance Company Ltd has negotiated and clinched a deal to insure the aircraft of Coimbatore-based Paramount Airways. The Oriental Divisional Manager, Mr C. Kumar, said the four public sector general insurance companies and Bajaj ... More PUBLIC SECTOR BANKS Tracing a financial legacy PRINCE Dwarkanath Tagore, a pioneer of Indian industry, did business with it. A Governor-General actually wrote a complimentary note, when a deal fell through, because the bank took a strong view of a few annas that went missing. It firmly ... More CREDIT MARKET Bank credit up Rs 9,801 cr MUMBAI: Gross bank credit increased by Rs 9,801 crore for the fortnight ended September 2 to touch Rs 12,10,750 crore, according to the Reserve Bank of India's Weekly Statistical Supplement. This is inclusive of food credit, which ... More SHORT TERM INSTRUMENTS RBI plans to raise Rs 4,500 cr thro' T-Bills THE Reserve Bank of India has proposed to raise Rs 4,500 crore through the auction of 91-day and 182-day Treasury Bills, under the Market Stabilisation Scheme, said an RBI press release. Of this Rs 3,500 crore would be raised through the ... More TRADE & LABOUR UNIONS All-India bank strike on Sept 29 BANK employees across the country will go on a one-day strike on September 29, to protest privatisation of public sector banks, entry of foreign direct investment in core sectors, attacks on trade union rights of workers and for more employment ... More CO-OPERATIVES 
Weak co-operative banks in Karnataka — RBI plans mergers, non-disruptive exitsFor co-operative banks identified as viable, the RBI will prepare a revival plan, which includes setting milestones for their turnaround. More Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
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Looking back Sep. 11-Sep. 17 Forex reserves gain $1.71 b Plan to identify `weak' private banks dropped Global growth alive and well Why not pay wages for the poor by cheque? Govt seeks performance targets — Now, public insurers nudged to shape up Mumbai rains motor claims settlement — Insurers ready with cheques, vehicle owners spurn offer |
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