Financial Daily from THE HINDU group of publications Tuesday, March 28, 2006 |
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MONEY & BANKING INSIGHT BUDGET 2006
Foundations for castlesHouse building has become the most vibrant activity among the middle-class of the 21st century. Ample tax-breaks with access to cheap bank loans, minimum pre-conditions and paper work have laid the foundation for a housing boom. Bank loans for bui lding houses more than doubled in just a year; they have now outpaced total direct agricultural credit. More FOREX
Rupee closes weakerThe rupee was weak against the US currency on Monday on sustained dollar buying by State-run banks on behalf of the Reserva Bank of India and oil companies, but ended nearly unchanged. The rupee opened at 44.57 and ended at 44.67 ... More NBFCS MD's relatives sell 1.90% stake in Bajaj Auto Finance Bajaj Auto Finance Ltd has informed the Bombay Stock Exchange that the company has received disclosure from Mr Dipak Poddar, Managing Director of the company, that his relatives have sold four lakh shares in the company aggregating to 1.90 per ... More
Nidhis may be allowed fee-based activities HOUSING FINANCE Loan options galore For home buyers, property acquisition provides both tax relief and safe investment More
LIFE INSURANCE Bajaj Allianz Life infuses more capital Bajaj Allianz Life has infused capital of Rs 132 crore, taking its total capital base to Rs 500 crore. Mr Sam Ghosh, Country Manager, Allianz and Chief Executive Officer, Bajaj Allianz Life Insurance Company, said, "With this infusion of ... More FINANCIAL POLICY RBI eases overseas investment norms Guarantees, disinvestment More DERIVATIVES MARKETS DGCX plans to introduce currency futures The Dubai Gold and Commodities Exchange (DGCX) on Monday announced that the Emirates Securities and Commodities Authority (ESCA) has approved its application for launching currency futures trading. Initially DGCX will trade futures contracts in ... More PRIVATE BANKS
Centurion Bank share sale fetches Rs 98 crGains to be used to strengthen its balance-sheet More GOVT BONDS Prices fall in bond market In the bond market, prices fell in response to the statements made by the Deputy Governor of the RBI. Dealers said that Mr Rakesh Mohan's statement that credit growth at the current rate could raise liquidity management problems ... More CORPORATE BONDS Corpn Bank tier II bonds Corporation Bank has opened an issue of unsecured, redeemable, non-convertible, non-cumulative subordinated Tier IIbonds of Rs 300 crore on private placement, according to a bank release here. The release said on Monday that the objective is ... More SHORT TERM INSTRUMENTS Call rate closes at 6-6.25 pc The call rate closed at 6-6.25 per cent (6.6-6.8). There was significant improvement in liquidity, as expenditure of the the government is believed to be entering the system. In the one-day repo, under the liquidity adjustment ... More TRADE & LABOUR UNIONS PSU general insurance staff referendum The referendum (check-off) among the employees of public sector general insurance companies will take place on April 18 all over the country. The associations/unions getting 20 per cent votes of the employees in each category (Class 1,II, III ... More ALLIANCES & JOINT VENTURES
IndusInd ties up with UAE bankStrategic partner route preferred for growth in key locations More
Bajaj Allianz General, Kalupur co-op in pact PEOPLE Oriental Bank gets new ED Oriental Bank of Commerce (OBC) has a new executive director in Mr Allen C.A. Pereira. Prior to joining OBC, Mr Pereira headed Delhi Zone of Syndicate Bank. He was General Manager (Personnel & Services) with Syndicate Bank before joining OBC. .. More
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Union Budget 2006-2007 Economic Survey 2005-2006 Pick a Winner Stock Market Contest
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In Depth Orissa Diary Gender Justice Simple Economics Tax Talk
Looking back Mar. 19-Mar. 25 Govt may have to pay more for borrowings The road to full convertibility Barclays to invest $70 m for corporate banking Asset prices worry RBI IDFC, Feedback launches infrastructure initiative TCS bags Rs 178-cr deal from BoM `Fraud risk preparedness very low' The story of SBI associate banks ECGC unveils scheme to provide credit risk cover Forex reserves up by $2 b Securitisation of assets: What it means? |
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