The Hindu Business Line : Monday, November 28, 2005

Mortgage Credit Guarantee Co, a promise yet to be honoured
AT a press conference on December 24, 2003, the then Chairman and Managing Director of National Housing Bank, Mr V. Sridhar, spoke of the "imminent launch" of a new company — Mortgage Credit Guarantee Company. The company was to be set up ... More

LIFE INSURANCE

LIC `group cover' business up 9 pc despite FBT
LIC said though the fringe benefit tax had impacted the group business growth, many corporate renewals took place in the last quarter. More

GENERAL INSURANCE

`CAR for stand-alone health insurers must be much lower'
THE stipulations pertaining to capital adequacy ratio for standalone health insurance companies needs to be brought down significantly if the country were to transform its healthcare service industry towards `wellness' management from the ... More

Health insurance cost may go up
THE cost of health insurance may go up soon. The public sector insurance companies, which account for 82 per cent of the health insurance market, are planning not only to hike the premium on health polices but also to fix limits on cost of ... More

DEBT MARKET

MSS bonds redemption powers market rally
BONDS rallied last week on the back of sagging oil prices and expectations of improved foreign currency inflows. Bankers said what also powered rally was the redemption of some of the market stabilisation scheme (MSS) securities issued in ... More

FINANCIAL INSTITUTIONS

Exim Bank opts for Samurai bonds to raise $200 million
EXIM Bank of India intends to raise shortly $200 million through Samurai bonds, the bank's Chairman and Managing Director, Mr T.C. Venkat Subramanian, told Business Line. (Samurai bonds are offered in the Japanese domestic market by ... More

CO-OPERATIVES

Call to revitalise agri co-op banks
WHILE avowing to improve the health of the cooperative banks in the State, the Tamil Nadu Cooperative Bank Employees' Association (TNCBEA) has alleged that the interference of the Government in the functioning of these banks had put them in a ... More

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