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Wednesday, April 12, 2006
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MONEY & BANKING

PRIVATE BANKS


IDBI doubles exposure to film financing
`Pleasantly surprised' by the success of its lending More

UTI Bank opens branch in Singapore
UTI Bank started its international operations with its first overseas branch in Singapore. The branch would offer corporate banking and trade finance products, syndication and investment banking and liability businesses, said a press release. ... More

OUTSOURCING


UFBU plans stir against outsourcing
The United Forum of Bank Unions (UFBU) has decided to launch an agitation against outsourcing of services by banks, including the Reserve Bank of India. A mass rally by bank employees would be organised in May at Delhi during Parliament ... More

FOREX


Convertibility: Where angels fear to tread
After dominating the headlines for a couple of weeks, capital account convertibility has, all of a sudden, been relegated to the backburner. Who was responsible? Why, none other than the Finance Minister, Mr P. Chidambaram, himself. It was ... More

LIFE INSURANCE


Insurance cos bullish on unit-linked plans
Relatively easier nowadays to convince clients More

PUBLIC SECTOR BANKS


Andhra Bank plans voice-enabled ATMs
Aimed at making the banking experience of farmers and rural population easy and comfortable, Andhra Bank is going to shortly introduce voice-interactive ATMs in the vernacular languages, according to the bank's Chairman and Managing Director, Mr ... More

IOB's insurance scheme for NRIs
Indian Overseas Bank on Tuesday launched a scheme for non-resident Indians, which aims at providing "all conceivable insurance cover required by NRIs when on a visit to India." The scheme is being launched in association with ... More

CVC rejects Ministry's request to review control over PSB officials
Finance Ministry had suggested keeping officers of scale-V out of CVC purview More


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Union Budget 2006-2007

Economic Survey 2005-2006


Top Stories
UB Group plans to buy UK-based spirits company


Soya oil prices soar on speculation

Foreign cos enter traditional wholesaling domain

Insurance cos bullish on unit-linked plans

Oil import bill swells to $40 b

Oil majors keen on new exploration blocks

India moves ahead in merchandise imports

Mumbai box terminal project may be delayed

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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