Financial Daily from THE HINDU group of publications
Friday, October 14, 2005
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Financial Daily from THE HINDU group of publications Friday, October 14, 2005 |
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MONEY & BANKING INSIGHT 
Changing view from REER windowFOREX Rupee weakens; bonds lacklustre MUMBAI: The rupee further dipped against the dollar on Thursday tracking a fall in the stock market and fears of FII outflows sparked heavy demand. The rupee opened at 44.90/91 and fell further to 44.96/97. It then touched an intra-day ... More FINANCIAL PERFORMANCE 
ICICI Bank Q2 net up 31% at Rs 580 cr — Fee income, retail assets drive profit growthICICI Bank has posted a net profit of Rs 580 crore for the quarter ended September 30, 2005, up 31 per cent from Rs 442 crore posted in the corresponding quarter last year due to the high growth in fee income and retail assets. Total income ... More GENERAL INSURANCE Workshop on general insurance at Thiruvananthapuram THIRUVANANTHAPURAM: The Divisional Office of the National Insurance Company is arranging a one-day workshop on general insurance policies here on Saturday for the benefit of officials of the Kerala State Financial Enterprises (KSFE). ... More PRIVATE BANKS 
IDBI Bank sees Rs 10,000-cr retail assets by year-endIDBI Bank expects its retail assets to grow to Rs 10,000 crore by the end of this year, from Rs 7,500 crore at present. At a press conference here on Thursday , Mr Raja Ghotgalkar, Corporate Head - Retail Banking, said that the average ... More FOREIGN BANKS Citigroup CEO calls on PM, Chidambaram GLOBAL financial services major, Citigroup's Chief Executive Officer, Mr Charles Prince, today kicked-off his two-day official visit to India by calling on the Prime Minister, Dr Manmohan Singh, and the Finance Minister, Mr P. Chidambaram. Mr ... More FINANCIAL INSTITUTIONS Ratnagiri Gas lenders seek RBI help in turning loans to standard assets Banks and FI exposure in the new RGPPL is currently Rs 7,000 crore, after the buyout of the foreign lenders' loans in the project. Bankers said that only the domestic loan component to the project was treated as a substandard asset. More GOVT BONDS G Sec auction cancelled The Reserve Bank of India has cancelled the Rs 4,000 auction of dated security scheduled for October 18-25, 2005. "On review of the current borrowing requirements of the Government of India (GOI), it has been decided, in consultation with GOI ... More CORPORATE BONDS Govt to float bonds to fund small hydel power projects THE Government is planning to float a mega bond issue to fund small hydel and renewable power projects that would be set up in the next five to seven years. The proposed Rajiv Gandhi Akshay Urja Bonds issue is awaiting the Prime Minister's nod ... More MERGERS & ACQUISITIONS 
NY Life arms picks up 24.6% stake in Jacob Ballas CapitalNEW York Life Investment Management Holding LLC (NYLIMH), a wholly-owned subsidiary of global insurance major New York Life Insurance Co, has picked up a 24.6 per cent stake in Jacob Ballas Capital India, a non-banking financial company. "We ... More ALLIANCES & JOINT VENTURES State Bank signs pact with SIDBI STATE Bank of India on Thursday signed a memorandum of understanding (MoU) with Small Industries Development Bank of India (SIDBI) for co-financing small and medium enterprises in Andhra Pradesh, Tamil Nadu, Uttar Pradesh, Jammu & Kashmir, ... More EVENTS IMF talks NEW DELHI: The International Monetary Fund on Thursday began its annual consultation with the Ministry of Finance to review economic developments. The consultations under Article-IV of the IMF charter are held with each member country. ... More IPOS ICICI Bank looks to raise Rs 7,000 cr from public, ADS issues ICICI Bank is planning to raise Rs 7,000 crore additional equity through a combination of American Depositary Shares (ADS) and domestic public issues, with a greenshoe option of 15 per cent. The board of directors approved the public issue at a ... More
Files prospectus for public issue — BoB plans foray into insurance, stock broking
South Indian Bank plans Rs 150-cr public issue STANDARDS & BENCHMARKS ISO certification for ICICI Lombard General ICICI Lombard General Insurance Company has received ISO 9001:2000 certification from DET Norske Veritas (DNV) for the settlement of motor claims. According to a release, DNV has issued the ISO certificate for ICICI Lombard's fast and ... More 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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