Financial Daily from THE HINDU group of publications Thursday, May 11, 2006 |
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MONEY & BANKING INFORMATION TECHNOLOGY RBI to go ahead with cheque truncation The Reserve Bank of India (RBI) will go ahead and implement the cheque truncation system even if all the banks are not prepared for it, said a senior RBI official. He said that many big banks were still unprepared in terms of implementing the ... More FINANCIAL PERFORMANCE SBI Life posts Rs 2.02-cr net Rides on fund performance, distribution, product strategy More
NBFCS Pursuit of prudence Nidhi companies need prudential norms More GENERAL INSURANCE
Insurance route to eliminate the perverse incentives of gatekeepersWhen space vehicles and sportspersons can have insurance cover, why not financial statements? Aren't auditors the best insurance for financial statements, you may protest? No, say Alex Dontoh, Joshua Ronen and Bharat Sarath, in a research paper ... More
PSU insurers' market share drops to 73%
Plea to take action against insurance co PUBLIC SECTOR BANKS SBBJ mulls stock split, public issue State Bank of Bikaner and Jaipur (SBBJ) is contemplating a stock split and at hitting the capital market shortly. The bank, however, would have to wait for the necessary legislation (expected) to be passed in the extended Parliament session ... More FOREIGN BANKS
HSBC to grow SME exposure by 30 pcSurvey shows Indian cos most optimistic among peers worldwide More FINANCIAL INSTITUTIONS IFCI gains on turnaround story IFCI attracted significant buying on the company's turnaround story. Its shares shot up by over 9 per cent on Wednesday to Rs 14.07, up from the previous close of 12.90. Dealers said the company was able to bring down its net NPAs to nine per ... More FIXED DEPOSITS BoR hikes NRE deposit rates Bank of Rajasthan Ltd has announced an increase in the interest rates on Non-resident External (NRE) account and foreign currency non-resident (FCNR) account (B) deposits. The rate on NRE term deposits for maturity period of ... More IPOS
`Govt nod likely soon for Central Bank IPO'Central Bank of India hopes to get government clearance for its proposed initial public offer (IPO) soon, Ms H.A. Daruwalla, Chairperson and Managing Director, said on Wednesday. However, the bank will have to wait for certain legislative ... More Cross Currency Rates Advt Links: Construct Data About:Blank Business Health Insurance Tanning Beds Latest Bird Flu Updates Andrea Bocelli News and Article Blog Web conferencing services since 1997 Mesothelioma Cancer Treatment New York urban nature A Nice and Cozy Hotel in Bruges Flash Templates Fair Guide Construct Data About:Blank Personal Computing resources Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
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 Bihar Diary Orissa Diary Gender Justice Simple Economics Tax Talk
Looking back Apr. 30-May. 6 Forex reserves rise $2 b on RBI mop-up ICICI Bank subsidiaries post higher profit Indian Bank, IOB to decide on rate revision soon Yields harden on high oil prices, profit-booking RBI cool to SFCs' plea for stressed assets fund Standard Life stake sale to Citi okayed Oriental Bank looking at insurance Non-life insurers active in bulk deposit, CBLO markets `India less vulnerable to global imbalances' Life insurance sector grows 35 pc Deficit reduction on track: S&P |
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