Financial Daily from THE HINDU group of publications
Wednesday, February 22, 2006
|
Financial Daily from THE HINDU group of publications Wednesday, February 22, 2006 |
|
|||||||||||
|
|
||||||||||||
|
|
|
MONEY & BANKING FOREX Rupee ends lower; bonds unchanged MUMBAI: The rupee ended four paise lower from the previous close against the US dollar on Tuesday, due to oil- related buying. Other Asian currencies were also slightly weak against the dollar, especially the yen. This factor may have also ... More HOUSING FINANCE 
SBI hikes home loan rates by 25-75 bpsSTATE Bank of India on Tuesday hiked interest rates on its home loans by 0.25 to 0.75 percentage points, across all tenors in the floating and fixed interest rate category. In a statement to the Bombay Stock Exchange, the bank announced that ... More FINANCIAL POLICY Bernanke does a Greenspan IT was a much looked forward to event. Mr Ben Bernanke testified to the House Committee on Financial Services on February 15 - his first after becoming the Chairman of the U.S. Federal Reserve and Federal Open Market Committee (FOMC), the body ... More PUBLIC SECTOR BANKS 
Bank of India to distribute HDFC mutual fund schemesBANK of India has signed an agreement with HDFC Asset Management Company to distribute its mutual fund schemes across India. As per the agreement the bank will offer mutual fund products in about 300 branches to begin with. The bank has ... More
UCO Bank to restrict lending to good margins — Credit growth at 46 pc CREDIT MARKET `Banks must start planning medium-term agri strategy' Banks need to use the vibrant rural non-farm sector, which is partly insulated from agriculture for directing credit. More CREDIT CARDS & DEBIT CARDS Bankers seek lower service tax on credit cards IF bankers' Budget wishes are fulfilled, their credit card customers may no longer scream at their bills. If not a waiver, at least a reduction in service tax is what a clutch of banks is seeking from the Finance Minister. The service tax levy ... More FIXED DEPOSITS 
Bank of India hikes term deposit ratesMUMBAI: Bank of India has increased the domestic term deposit rates on term deposits of 91-179 days and above on deposits below Rs 15 lakh and for deposits of Rs 15 lakh and above up to Rs 1 crore with effect from February 23, 2006, said a press ... More MERGERS & ACQUISITIONS Kotak Mahindra arm buys Ford Credit's auto portfolio KOTAK Mahindra Bank announced that Kotak Mahindra Prime Ltd (Kotak Prime), a subsidiary of the bank, has acquired the entire retail auto finance portfolio from Ford Credit Kotak Mahindra Private Ltd (Ford Credit India). Ford Credit India is a ... 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 Feb. 12-Feb. 18 Weather insurance slow to gain acceptance in India Women score high in micro finance `Sub-PLR lending will continue' Life insurance premiums up 51 pc in 9 months — ICICI Pru leads private pack; LIC has 209 pc more lives covered Unit-linked policies are growth drivers — Insurers find it capital-efficient Banks halt deposit-based lending to corporates `Market can absorb home loan rate hikes' — More disbursals by lenders; more younger borrowers Indian cos raise $10 b via ECB route in 9 months |
|
The Hindu Group:
Home | About Us | Copyright | Archives | Contacts | Subscription
Copyright © 2006, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line |
RSS Feeds