Financial Daily from THE HINDU group of publications Friday, March 31, 2006 |
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MONEY & BANKING FINANCIAL MARKETS Conduct code for banks selling OTC derivatives FIMMDA says standardisation needed, circulates draft norms More FINANCIAL SERVICES Mittal takes stake in Indiabulls Credit NRI steel magnate Mr L.N. Mittal's company has picked up an eight per cent stake in Indiabulls Credit for around Rs 90 crore. Mittal-promoted LNM India Internet Ventures Ltd (LNMIIVL) will acquire 8.2 per cent stake in Indiabulls Credit Services ... More INSIGHT Capital Account Convertibility: Not an open-and-shut case With convertibility, it would be wise to have the legal framework for reimposing controls in times of necessity and keep the policy option open both for prudential and ad hoc controls. More SOFTWARE i-flex partners IFBS i-flex Solutions has partnered with the Zurich-based International Financial Business Solutions (IFBS) for integration services. IFBS provides securities lending, repo and OTC derivatives collateral management solutions. It will ... More RBI & OTHER CENTRAL BANKS RBI to hold additional LAF today The Reserve Bank of India would hold an additional Liquidity Adjustment Facility on March 31 between 9 p.m. and 9.30 p.m. The additional LAF has been put in place to facilitate funds management by banks on account of the year-end ... More PRIVATE BANKS Karnataka Bank new ATMs Karnataka Bank Ltd has opened three ATMs in Bangalore. A bank release said here that the bank opened ATMs at Chamarajpet, Malleswaram and Basaveshwaranagar in Bangalore recently. The total number of the bank's own ATMs in the ... More
PUBLIC SECTOR BANKS Corp Bank to stay open longer today In order to facilitate the payment of direct and indirect taxes by the assessees, Corporation Bank has decided to keep open the authorised branches across the country for sufficiently longer hours on March 31. A bank release ... More
SBT in pact with Rail Catering GOVT BONDS KSEB bond repayments The Kerala State Electricity Board (KSEB) proposes to repay by March 31 Rs 10.19 crore, being the first instalment of its non-SLR Bond Series Vii A issued during year 2000-01. An official spokesman said here that an intimation to ... More
Clarification on tax exemption CREDIT MARKET CD ratio crosses 66 pc in Kerala The credit-deposit ratio of commercial banks in Kerala has reached 66.13 per cent as on December 31, 2005. The CD ratio was at 59.01 per cent as on March 31, 2005. This was disclosed at the State Level Bankers' Committee (SLBC), which met ... More FIXED DEPOSITS ICICI Bank hikes FCNR deposit rates ICICI Bank has raised the interest rates on FCNR deposits for all tenures and currencies, except the yen, by 25 basis points. The interest rate for one-year FCNR deposits denominated in dollars is 5.15 per cent (4.9 per cent), ... More
LVB raises FCNR deposit rates
PNB hikes FCNR(B) deposit rates MERGERS & ACQUISITIONS Darashaw invests Rs 200 cr in IOB Darashaw & Co, a Mumbai-based securities firm, has invested Rs 200 crore in Indian Overseas Bank (IOB), picking up the entire offering of perpetual bonds issued on Tuesday. "We received a cheque for the entire amount," Mr T.S. Narayanasami, ... More REGULATORY BODIES & RULINGS Health insurance premium may vary from one location to another Geography, a key differentiator for pricing products: IRDA 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 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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