Financial Daily from THE HINDU group of publications
Monday, January 30, 2006
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Financial Daily from THE HINDU group of publications Monday, January 30, 2006 |
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MONEY & BANKING FINANCIAL SERVICES Western Union to expand network WESTERN Union Financial Servicesis in the process of doubling its network in India. Currently, the Western Union covers 28,000 locations and plans to increase it by 50,000 in the next 2-3 years, Mr Hikmet Ersek, Senior Vice-President for ... More OUTSOURCING RBI move to outsource rural banking flayed THE National Confederation of Bank Employees (NCBE) has come down heavily on the move by the Reserve Bank of India to allow banks to outsource activities such as mobilising deposits and disbursing small-value credits in rural areas. Mr P.K. ... More AUDITING ICAI mounts pressure on Govt to scrap order on bank auditors PRESSURE is mounting on the Finance Ministry to scrap its order permitting public sector banks boards to appoint statutory central auditors and branch auditors. After expressing its reservations to the Reserve Bank of India on the new freedom ... More INSIGHT 
Governor's survey of macroeconomy — India must be on guardThe markets have taken in their stride the Credit Policy, which has been a non-event insofar as the economy is concerned, and corporates are not yet losing sleep over the tightening of the rates of interest, indicated by the reverse repo rate increas e. S. Venkitaramanan examines the general contours of the policy, and the exhaustive survey of the economy that accompanied it. More FINANCIAL PERFORMANCE Karnataka Bank Q3 net up at Rs 42 cr KARNATAKA Bank Ltd has registered a net profit of Rs 41.52 crore in the third quarter of the current financial year as against Rs 36.89 crore in the year-ago period, recording a growth of 12.55 per cent. For the nine-month period, the bank has ... More LIFE INSURANCE Sankat Haran policy only on IFFCO, IPL products ITGI (IFFCO- Tokio General Insurance Company) has said that from January 1, the IFFCO-Tokio Sankat Haran Policy is available on IFFCO (Indian Farmers Fertiliser Co-operative) and IPL (Indian Potash Ltd) products only. It was earlier covering ... More GENERAL INSURANCE IRDA seeks review of health cover products In 2004-05, the claims-to-premium ratio for the PSU insurers was 127 per cent. More CREDIT RATING Dena Bank in pact with SMERA DENA Bank has tied up with the SME Rating Agency of India Ltd (SMERA) for rating their small and medium enterprise clients. As per this agreement, SMERA and Dena Bank will work together for popularising each other's services and products among ... More DEBT MARKET 
Rising crude, changed outlook on rates pull down bondsBONDS fell sharply last week due to high international oil prices and changed outlook on interest rates. Bankers said that that oil companies largely resorted to forward cover as a result of hardening crude prices, driving up yields. ... More CREDIT CARDS & DEBIT CARDS Control rooms in pipeline to settle credit card disputes TO support credit cardholders seeking redressal of their disputes pertaining to bills and outstanding dues with bankers, the Credit Cardholders Association of India is planning to set up control rooms in various State capitals. Disclosing ... More TRADE & LABOUR UNIONS Union wants merger of PSU general insurers IN order to avoid unhealthy competition among the four public sector general insurance companies and to provide the best of services to the customer, the General Insurance Employees Union (GIEU) has demanded that the United India Insurance ... More Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
Pick a Winner Stock Market Contest
Top Stories In Focus Infrastructure woes stare IT sector IPO Scams FDI in retail sector Dynamic Tirupur Surging Sensex Gold scaling new highs
In Depth Gender Justice Simple Economics Tax Talk
Looking back Jan. 22-Jan. 28 Bond traders wait for monetary policy review for direction Deposits exempt from TDS on interest — CBDT plans change in banks' reporting details Expect status quo in credit policy review Pref. shares may change banking landscape `India among fastest growing markets for Visa' India Infoline plans foray into investment banking Forex reserves down $66 m |
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