Financial Daily from THE HINDU group of publications
Saturday, March 04, 2006
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Financial Daily from THE HINDU group of publications Saturday, March 04, 2006 |
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MONEY & BANKING FOREX Forex reserves rise for fifth straight week The RBI had been buying dollars in the market during the week. More INSURANCE 
`FDI cap is no entry barrier for insurers'India is the most untapped market in the world, says Chidambaram More CONSUMER FINANCE Canara Bank to extend soft loan BANGALORE: Canara Bank has signed a memorandum of understanding (MoU) with Tata BP Solar India Ltd, to extend a soft loan for the purchase of water heaters. The bank will charge two per cent as interest rate for domestic consumers ... More GENERAL INSURANCE More Reliance General branches The Insurance Regulatory and Development Authority (IRDA) has given Reliance General Insurance the approval to open 14 more branches. With this approval, the branch network of the company would go up to 51 by May 2006. With 14 new offices, ... More RBI & OTHER CENTRAL BANKS RBI clarifies on ECB The Reserve Bank of India (RBI) has clarified that companies in the airport sector as well as those engaged in telecom manufacturing activities are eligible for external commercial borrowing (ECB) in accordance with the existing ... More PUBLIC SECTOR BANKS Indian Bank adds branch in Mumbai Indian Bank, with a network of more than 1,400 branches and total business of Rs 60,000 crore, has opened its 44 branch in Mumbai circle. The branch is located in Kandivali (East). The branch has core-banking facilities, ... More INTEREST RATES Canara Bank hikes deposit rates Public sector Canara Bank has hiked deposit rates by 25 to 50 basis points across all maturities. A bank release said that the interest on 15 to 45 day deposits was now 4.75 per cent up from 4.5 per cent. For five-year ... More CREDIT MARKET Banks queue up for loan to IA Eight banks and financial institutions are in the race to provide loan assistance to Indian Airlines for its pre-delivery advance payments (PDP) towards the acquisition of 43 aircraft from Airbus Industrie. Official sources told Business ... More FIXED DEPOSITS Steel cos parking cash with banks T-Bills, at 6.75 per cent coupon rate, lose appeal More MERGERS & ACQUISITIONS UK co hikes stake in Dewan Housing Caledonia Investment Plc, a UK-based investment Trust, has increased its stake in Dewan Housing Finance (DHFL) to 14 per cent from the current 2.18 per cent. The board of directors of DHFL today approved issue of optionally convertible ... More CO-OPERATIVES Plan to bring co-op banks under I-T net opposed Sahakara Bharathi, a cooperative forum, has opposed the proposal of the Union Finance Minister, Mr P. Chidambaram, to include cooperative banks under income tax net. A press release by Mr K. Padmanabha, All-India General Secretary of Sahakara ... More Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
Union Budget 2006-2007 Economic Survey 2005-2006
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. 19-Feb. 25 Life insurers keep off bond market ahead of Budget Bankers seek lower service tax on credit cards `More global investors entering India' Deutsche Bank upbeat Livestock insurance scheme coming — Centre to bear 50 pc of premium, says Cabinet panel IMF cautions India on the fiscal front Poultry insurance covers bird flu losses, clarify officials Forex reserves rise by $ 811 m |
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