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Monday, April 03, 2006
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MONEY & BANKING

DEBT MARKET


Liquidity woes, soaring crude pull down bonds
Selling intensifies with the inclusion of recap bonds in SLR basket More

REGIONAL RURAL BANKS


BoB merges 2 RRBs in Uttar Pradesh
Bank of Baroda has amalgamated two of its sponsored Regional Rural Banks in Uttar Pradesh. The new RRB "Baroda Western Uttar Pradesh Gramin Bank' will have its office at Bareilly, said a press release from the bank. The new bank ... More

INSIGHT


Analysing seventy years of central banking
The RBI has attempted the difficult task of analysing and presenting the 70 years of its existence in the backdrop of development of central banking worldwide. The report swings from the simple to the abstruse. This is a problem with attempting to bridge the two worlds of practical experience and academic excellence. But the RBI must be congratulated for attempting a difficult task. More

A seedy ratio
The recent upturn in the credit-deposit ratio reported by Kerala's banks may not be as fundamentally encouraging a change as is being projected. More

FOREX


Forex reserves decline $6.1 b on valuation loss
$4.7-billion gain during April-December 2004 More

GENERAL INSURANCE


United India staff oppose closure
Opposing the `unilateral decision' of the management of United India Insurance Company Ltd to close down 66 branches across the country, the United India Insurance Officers' Association has threatened to intensify agitation if ... More

PRIVATE BANKS


Karnataka Bank targets Rs 25,000 cr
Karnataka Bank Ltd has set a business target of Rs 25,000 crore for 2006-07. Addressing the staff members in Mangalore, Mr Anantakrishna, Chairman and Chief Executive Officer, said that the bank surpassed its business turnover ... More

PUBLIC SECTOR BANKS


IOB hikes FCNR deposit rates
Indian Overseas Bank has raised interest rates on FCNR deposits across maturities. The bank has raised the rate payable for deposits for periods over one year and less than two years to 5.15 per cent (4.9 per cent), for 2-3 years ... More

United Bank hopeful of 20 pc growth
Based on unaudited provisional figures, United Bank of India hopes to post nearly 20 per cent growth in business in 2005-06 at Rs 44,550 crore as compared to 19 per cent in 2004-05. "We have missed by a whisker the business target of Rs 45,000 ... More

INTEREST RATES


FICCI study sees hardening of rates
Sops for infrastructure lending suggested More

FIXED DEPOSITS


Karnataka Bank hikes NRE rates
Karnataka Bank has increased interest rates on NRE deposits with effect from April 1. A bank release said the interest rate on NRE deposits of one year to less than two years has been increased to 6.04 per cent (5.90 per ... More
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Union Budget 2006-2007

Economic Survey 2005-2006


Top Stories
`Aggressive investing in stocks is fraught with risks'


DPW boxes-in South Asia

Where is the threat?

IIM-A to hike fees by 12 pc

Forex reserves decline $6.1 b on valuation loss

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FICCI study sees hardening of rates

In Focus

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In Depth

Bihar Diary
Orissa Diary
Gender Justice
Simple Economics
Tax Talk
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Looking back
Mar. 26-Apr. 1
Bond traders bet on yields rising further

TCS working on mobile phone banking technology

RBI eases overseas investment norms

Fed nears rate peak

Banks raise FCNR (B) deposit rates

New India seeks overseas reinsurance partner

Conduct code for banks selling OTC derivatives

Treasuries portfolio to drag down banks' profitability



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