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Sunday, October 16, 2005
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MONEY & BANKING

ESOPS


UTI Bank's ESOP scheme
MUMBAI: UTI Bank Ltd has informed the BSE that its Committee of Directors has made the allotment of 53,110 equity shares of Rs 10 each to the employees under ESOP. The paid-up share capital of the bank will accordingly get increased to ... More

FOREX


Forex reserves up $294 m
THE country's foreign exchange reserves saw an accretion of $294 million for the week ended October 7 on account of an increase in foreign currency assets. According to the Reserve Bank of India's Weekly Statistical Supplement, the total ... More

STOCKS


Tata Investment Corporation: Buy
The stock is trading at a significant discount to its intrinsic value. This discount offers considerable downside protection to investors. This is valuable considering the excessive volatility in stock prices. Investors can also consider putting ... More

GENERAL INSURANCE


Four deposits after a fatality
JULY 5, 2002: Satheesh Kumar was riding a Hero Honda motorcycle. A bus of TNSTC Ltd hit the bike, causing serious injuries to Satheesh. He was taken to the Medical College Hospital, Thiruvananthapuram, where he died. His widow, children and ... More

RBI & OTHER CENTRAL BANKS


Bank boards must ensure effective operational risk management: RBI
BANKS should identify and introduce operational risk management as an independent risk management function across all departments. In a guidance note issued on Saturday, the Reserve Bank of India has put the onus of effective management of ... More

CREDIT MARKET


Non-food credit rises by Rs 32,983 cr
MUMBAI: Gross bank credit increased by Rs 32,384 crore to touch Rs 12,56,141 crore for the fortnight ended September 30, according to the Reserve Bank of India's Weekly Statistical Supplement. This is inclusive of food credit, which ... More



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Forex reserves up $294 m

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In Focus

Indian Aviation: Sky is the limit
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In Depth

Gender Justice
Simple Economics
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Looking back
Oct. 9-Oct. 15
European Central Bank likely to raise interest rate by 25 basis points

Forex reserves up $42 m

Bond yields harden on rising credit demand

IRDA beefing up inspection

To meet credit demand growing at over 33 pc — Banks find CBLO route attractive

Govt to float bonds to fund small hydel power projects

UTI Bank net rises to Rs 109 cr in second quarter


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