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Friday, June 09, 2006
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MONEY & BANKING

INVESTMENTS
Investment portfolios begin to pinch banks
Impact of hike in interest deposit rates More

LIFE INSURANCE
ICICI Pru upbeat on health insurance, pension segments
Plans major network expansion More

RBI & OTHER CENTRAL BANKS
RBI raises reverse repo, repo rates
Aimed at containing inflationary pressures More

RBI releases data on ECB and FCCB
The Reserve Bank of India has released data on External Commercial Borrowings (ECB) and Foreign Currency Convertible Bonds (FCCB) — both automatic and approval route — for March 2006. Reliance Communication Ventures has borrowed ... More

PRIVATE BANKS
KVB brands funds transfer service
Karur Vysya Bank has moved into branding its real time funds transfer service (RTGS) as `KVB e-FLASH' for better visibility and awareness. The bank has been extending this service through its 240-plusbranch network for close to a ... More

INTEREST RATES
`RBI move a measure to contain inflation'
Credit offtake may not slow down but growth could be around 20-25 per cent unlike 30 per cent as seen in the last two years. No immediate hike in lending rates, say bankers More

CREDIT MARKET
Credit growth subdued so far, say bank chiefs
`Stock market swings may draw more funds to deposits' More

SHORT TERM INSTRUMENTS
Call rates unchanged
Call rates remained unchanged between 5.5 and 5.6 per cent. In the first one-day reverse repo auction under LAF, the Reserve Bank of India received and accepted 31 bids amounting to Rs 27,140 crore and in the second one-day ... More

FIXED DEPOSITS
Bank of Rajasthan hikes FCNR, NRE rates
Bank Of Rajasthan Ltd said it has revised interest rates on NRE and FCNR (B) deposits. The interest rate on NRE term deposits for a maturity period of 1 year to less than 2 years, and 2 years to less than 3 years has been ... More

CO-OPERATIVES
Uttaranchal signs MoU with RBI
The Uttaranchal Government has signed an MoU with the Reserve Bank of India to assess the urban co-operative banks in the State. According to its announcement in the Mid-term Review of Annual Policy in October 2004, the RBI would assess the ... More


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Top Stories
Govt working to check Lankan pepper imports


Credit growth subdued so far, say bank chiefs

Investment portfolios begin to pinch banks

Investors turning to SIPs

Seafood exports cross $1.5 b

L&T forms jt venture with Malaysian co SapuraCrest

Indian Hotels posts 87 pc growth in Q4 net profit

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
May. 28-Jun. 3
Bonds weak on concerns over oil prices, US rates

CIBIL launches commercial bureau

HNI clients have faced stock market crash well, say banks

Weather cover launched for grape growers

Kalam urges SBI to step up agri credit

Market collapse: Yen carry trade the culprit?

`Managing capital flow surge, a challenge to developing nations'

Forex reserves down $370 m on dollar selling



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