Financial Daily from THE HINDU group of publications Saturday, April 01, 2006 |
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MONEY & BANKING MERGERS & ACQUISITIONS
Consolidation is strength, Chidambaram tells PSBsRBI looking into cash reserve ratio; economy on high growth path More FOREX Forex reserves surge $2.5 b RBI active in the market More
CONSUMER FINANCE
Motorola, GE Money in handset financing dealAvailable in 10 major cities for hi-end handsets More GENERAL INSURANCE AI to invite bids from insurance cos soon Air India is to soon invite bids from public and private sector insurance companies to finalise the insurance cover for its fleet of about 50 aircraft for the year 2006-07. "The bid documents will lay down various technical parameters ... More PRIVATE BANKS Wipro Infotech bags HDFC Bank deal Wipro Infotech, the domestic IT services arm of Wipro Ltd, said on Friday that it has won a 10-year, Rs 360 crore IT outsourcing deal from HDFC Bank. The deal is said to be the largest outsourcing deal for Wipro Infotech in the country. The ... More
Karnataka Bank 5th branch in Goa GOVT BONDS Bonds remain bearish The bond market ended the last day of the fiscal on a weak note with the prices of some G-Secs touching levels last seen in May 2005, said dealers. There was lack of interest among market players to take fresh positions, as it ... More CREDIT MARKET Bank credit up by Rs 22,706 cr Gross bank credit increased by Rs 22,706 crore to touch Rs 14,42,591 crore for the fortnight ended March 17, according to Reserve Bank of India's Weekly Statistical Supplement. This is inclusive of food credit, which increased ... More SHORT TERM INSTRUMENTS Call rates close at 6.75-7 pc Call rates ended at 6.75-7 per cent against Wednesday's close of 6-6.2 per cent. In the three-day reverse repo, under the liquidity adjustment facility, RBI received and accepted five bids, amounting to Rs 2,305 crore and 12 bids ... More FIXED DEPOSITS Union Bank hikes FCNR deposit rates Union Bank of India has increased the interest rates on FCNR(B) term deposits by 25 basis points, with effect from March 29. The interest rate on dollar deposits of one-two years is 5.15 per cent (4.7 per cent). For two-three ... More ALLIANCES & JOINT VENTURES Kotak Mahindra, HDFC Bank to share ATMs HDFC Bank and Kotak Mahindra Bank have tied up to share their ATM networks. This will give customers of the two banks access to over 1,400 ATMs across the country. HDFC Bank has 1,335 ATMs across 228 locations in the country and Kotak Mahindra ... More VENTURE CAPITAL ICICI Venture to raise $750 m for India Advantage Fund VI Gets FIPB nod; awaits final clearance from CCEA More OUTLOOK Treasuries portfolio to drag down banks' profitability Depreciation charge rises as yields harden More PEOPLE Corporation Bank new CMD The Union Government, in consultation with the Reserve Bank of India, has appointed Mr B. Sambamurthy as the Chairman and Managing Director of Corporation Bank. He is assuming office on April 1. Mr Sambamurthy, a Chartered ... More Personal Computing resouces Hawaii Vacations - Hanalei Bay Resort 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 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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