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Tuesday, April 11, 2006
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MONEY & BANKING

PRIVATE PLACEMENT


Oriental Bank raises Rs 500 cr
Oriental Bank of Commerce has raised Rs 500 crore as Tier-II capital by way of bond issue on private placement basis. This includes the greenshoe option of Rs 250 crore as per the structure of the issue. The issue was fully subscribed on the ... More

INSIGHT


World Bank's changing role
Grappling with the grassroots problems More

LIFE INSURANCE


Bajaj Allianz to modify 12 ULIPs to meet norms
Launches co-branded credit card with Standard Chartered More

CREDIT RATING


Encouraging demand for SMERA's services
225 applications waiting for assessment More

PRIVATE BANKS


Yes Bank's debt finance
YES Bank has offered debt financing of $4.45 million (about Rs 20 crore) to Take Solutions Ltd, a technology-enabled business solutions company. ... More

PUBLIC SECTOR BANKS


Govt clarifies on SBI pension pact
The Government has clarified that as per the agreement reached between the management of SBI with the All India State Bank Officers Federation and All India SBI Staff Federation on April 9, pension will be computed for the ... More

SBI gears up to clear backlog
Some branches to remain open today More

FOREIGN BANKS


StanChart sees growth in smaller cities
Mr Swaroop expects StanChart's income to grow at an annual rate of 15-20 per cent in three years. More

GOVT BONDS


RBI auctions 2 G-Secs worth Rs 8,000 crore
The Reserve Bank of India today auctioned two Government securities of Rs 5,000 crore and Rs 3,000 crore. One of the papers was devolved on the primary dealers, as bids were few. However, the amount was not very huge. According to a primary ... More

FIXED DEPOSITS


Vijaya Bank hikes deposit rates
Vijaya Bank has increased the interest rates on term deposits by 25 basis points to 50 basis points on tenors of one year to three years. The interest rates have been increased by 25 basis points to 6.5 per cent for deposits up ... More

TRADE & LABOUR UNIONS


The long wait ends
BACK TO BUSINESS: An old man waiting for his turn while in a queue at the State Bank of India branch at Parliament Street in New Delhi. The bank opened on Monday after a seven-day all India strike by its employees. ... More
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Union Budget 2006-2007

Economic Survey 2005-2006


Top Stories
Dunlop Chennai unit restarts again


Telecom subscriber base grows to 14 cr in 2005-06

Gold, silver scale new peak

Sugar sector sees record output next season

Agri export zones may have single investment window

Hindalco's Australian subsidiary to go for public issue

Ministry open to SCI's block approval plan

In Focus

Infrastructure woes stare IT sector
IPO Scams
FDI in retail sector
Dynamic Tirupur
Surging Sensex
Gold scaling new highs
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In Depth

Bihar Diary
Orissa Diary
Gender Justice
Simple Economics
Tax Talk
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Looking back
Apr. 2-Apr. 8
FICCI study sees hardening of rates

Forex reserves decline $6.1 b on valuation loss

Banks book big treasury profits in March

Life insurers may get to sell health cover

ICICI Bank, Pru Life offer annuity card

CBDT guidelines for zero coupon bonds

NICL moves to cap claims in medical cover

ICICI Lombard offers cover for wind farms

HC declines plea against merger of Ganesh Bank with Federal

Forex reserves vault by $2.96 b



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