Financial Daily from THE HINDU group of publications
Monday, October 10, 2005
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Financial Daily from THE HINDU group of publications Monday, October 10, 2005 |
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MONEY & BANKING COURTS/LEGAL ISSUES Dragged to court for not paying Rs 1.61 A PENNY saved is a penny earned, said Benjamin Franklin. Penny is mighty, according to Samuel Grafton who said, "A penny will hide the biggest star in the Universe if you hold it close enough to your eye." Which is what, it appears, the taxman ... More INSURANCE 
Complaints to insurance ombudsmen risingAlthough set up seven years ago as a "no-cost and expeditious" complaint redress forum for individual policy holders, the ombudsmen are getting more complaints only in the recent past. In 2003-04, they received 9,675 complaints. In 2004-05, ... More GENERAL INSURANCE IRDA wants India-specific mediclaim policies designed IRDA is in the process of developing certain models for the poor such as micro insurance. More DEBT MARKET 
Bond yields harden on rising credit demandSome banks attempted to sell their securities' holdings and source foreign exchange for meeting the oil companies' demand. This resulted in a tightening of liquidity in the markets. More RBI & OTHER CENTRAL BANKS RBI hikes loan limit for quake-hit in J&K IN an effort to provide speedy assistance to the earthquake-affected people in Jammu & Kashmir, the Reserve Bank of India has advised banks to increase the consumption loan limit from Rs 1,000 to Rs 5,000 without any collateral. The limit may .. More PRIVATE BANKS 
TMB aims at zero net NPATAMILNAD Mercantile Bank (TMB) plans provisions against shaky loans to eliminate its net non-performing assets (NPAs). Today, the bank's gross and net NPAs stand at 11 per cent and 3 per cent of its risk-weighted assets, which means that 72 ... More
IndusInd `8-to-8' banking at Kochi branch Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
Top Stories In Focus Indian Aviation: Sky is the limit Stock splits India Inc's bonus bonanza Dabhol power regenerated Sethusamudram Canal Project India Inc's overseas acquisition
In Depth Gender Justice Simple Economics Tax Talk
Looking back Oct. 2-Oct. 8 Bank credit up Rs 13,107 cr Forex reserves dip $1.2 b `Home loans to be dearer if priority tag is removed' Market signals hardening yields Banks look to deposits to meet credit demand — Gradual unwinding of bond holdings cushions impact of yield rise Federal Bank, LKB boards okay merger plan Who's to blame for high NPAs in priority sector? |
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