Financial Daily from THE HINDU group of publications
Wednesday, March 15, 2006
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Financial Daily from THE HINDU group of publications Wednesday, March 15, 2006 |
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MONEY & BANKING INSIGHT Flexible inflation target favoured It seems clear that even if the Fed does adopt inflation targets, its approach to determining interest rates will be state of the economy and data-driven. Translation: no big change. More STOCKS 
CLSA buys 34 lakh SBI sharesAssociate banks in limelight after the deal More LIFE INSURANCE Insurance scheme for Mumbai CNG users The Prime Minister, Dr Manmohan Singh, will launch an insurance scheme in Mumbai for auto and taxi drivers using environment-friendly compressed natural gas as fuel. The Petroleum Minister, Mr Murli Deora, said that under the `Mahasuraksha' ... More FINANCIAL MARKETS `IMD redemption impacted liquidity' More
PRIVATE BANKS UTI Bank plans four more branches in TN UTI Bank has plans to open seven more branches in south zone, of which, four would be located in Tamil Nadu. The four new branches will come up in Vellore, Paramakudi, Nagarcoil and an additional branch at Chennai. With the opening of two more ... More INTEREST RATES UTI Bank hikes lending rate Close on the heels of ICICI Bank's increase of its prime lending rate to 12.75 per cent, UTI Bank has also announced a hike in PLR. Mr R. Asokkumar, President, Corporate Banking, UTI Bank, said, "We are raising our lending rates from 12 per ... More CREDIT CARDS & DEBIT CARDS 
Andhra Bank plans ATM kisan cardsDon't be surprised if you see farmers withdrawing crop loans through automated teller machines (ATMs). This is going to be a reality soon if Andhra Bank has its way. The bank is planning to issue ATM compatible Kisan Cards to all the 4-lakh odd ... More FIXED DEPOSITS Tax breaks for co-op term deposits urged Non-scheduled institutions fear flight of deposits More PEOPLE New Director on SBH board State Bank of Hyderabad (SBH) has announced that Mr Harshavardhan Madabhushi has been appointed as Officer-Employee Director of the bank's board with effect from March 13. In a press release here on Tuesday, the bank said Mr ... More Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
Union Budget 2006-2007 Economic Survey 2005-2006 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 Mar. 5-Mar. 11 Body to track bank client servicing Private insurers cut 2-wheeler exposure Recap bond conversion to boost bank profits High cost of actuaries worries IRDA Service tax on ATM not to hit users Online banking usage picking up ING keen on pension foray, ready to wait `RBI will manage liquidity through range of tools' Forex reserves rise $1.5 b |
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