The Hindu Business Line : Monday, September 26, 2005

`Dubai financial exchange generates interest among Indian cos, FIs'
THE Dubai International Financial Exchange (DIFX), set for an official launch on September 26, could serve as a significant intermediate global financial centre for Indian firms and financial institutions seeking access to international markets, ... More

FOREX

Meet on forex Act in Hyderabad
HYDERABAD: The sub-chapter of the Indian branch of the Rotterdam (Netherlands-based) International Fiscal Association is organising a one-day seminar on Foreign Exchange Management Act (FEMA), tax deduction at source (TDS) and transfer ... More

SOFTWARE

Look up for inspiration
Geographic Information Systems or GIS tools can help banks identify customers and business successfully. More

HOUSING FINANCE

HDFC budget homes meet in Hyderabad
HYDERABAD: HDFC Housing Finance will host a three-day mega property exhibition `Budget Homes in Hyderabad' from September 30 to October 2 at Jaya Gardens, Raj Bhavan, here. . The exhibition will feature homes from over 30 builders. ... More

LIFE INSURANCE

Insurers see `life' beyond Fringe Benefit Tax
LIC would give its 10,000 corporate clients, who are already purchasing the conventional group gratuity product, the choice to switch to the unit-linked version. More

DEBT MARKET

Bond traders expect yields to move up
BONDS seesawed last week but ended almost steady, unaffected by the crash in the equity markets and tightening liquidity. Bankers said the major worry in the markets was the impact of high oil prices. Oil prices continued to remain upwards of ... More

RBI & OTHER CENTRAL BANKS

World Bank's pat for AP women SHGs
THE success story of women self-help groups (SHGs) in Andhra Pradesh has caught the attention of the world with the World Bank highlighting their achievements in transforming the lives of womenfolk in the rural areas. The report entitled `World ... More

PRIVATE BANKS

City Union Bank ties up with ECGC
COIMBATORE: City Union Bank Ltd has tied up with Export Credit & Guarantee Corporation Ltd (ECGC) for marketing export credit insurance products through its branch network. The agreement was inked by the Chairman and CEO of City Union ... More

PUBLIC SECTOR BANKS

Indian Bank plans more branches
INDIAN Bank is striving to open more branches across the country, its Chairman and Managing Director, Dr K.C. Chakrabarty, has said. Addressing a press conference after the inauguration of two ATMs at Bhubaneswar and Puri, Dr Chakrabarty ... More

FOREIGN BANKS

Top StanChart appointments
MUMBAI: Standard Chartered has announced the appointment of Mr Anindo Mukherjee as Head, Credit-Consumer Banking, India and Nepal. Mr R.L. Prasad moves in as General Manager, Credit Cards and Personal Loans. Mr Mukherjee had a 10-year stint in ... More

TRADE & LABOUR UNIONS

Insurance staff to join stir against privatisation
THE All-India Insurance Employees' Association has given a call to its members to join the nationwide strike on September 29 against disinvestment and privatisation. The Left unions have given the call for the strike. At a press conference here ... More

INTERVIEW