MONEY & BANKING
REGIONAL RURAL BANKS
RRB branch licensing policy liberalised
RRBs will now submit the applications to the respective regional offices of Nabard with advance copies to the regional office of RBI concerned. Empowered committee to decide
More
OUTSOURCING
RBI under fire for outsourcing
The outsourcing of many of the Reserve Bank of India's functions came in for a sharp criticism at a seminar organised by the All-India Reserve Bank Employees Association here recently. Professor Amiya Bagchi, economist, expressed the view that ...
More
INSIGHT
One dollar is one dollar
The US is assumed to have practised a strong dollar policy and presumed to have been content to let the dollar drift down so that exports would become cheaper and imports more expensive.
More
FOREX
Rupee falls against dollar
After a slight recovery on Monday, the rupee depreciated against the dollar in a dull market. The stock market fall and the dollar buying pushed the rupee below the previous close. On Tuesday, the rupee opened at 45.97/98 and ...
More
INFORMATION TECHNOLOGY
Banks ready to set up more ATMs
Comfortable banking
More
FINANCIAL PERFORMANCE
IndusInd Bank posts Q4 loss on higher provisioning
Higher provisioning, operating costs squeeze earnings
More
SOFTWARE
Autosoft ties up with Swiss co
The Pune-based banking solutions provider to cooperative banks, Autosoft on Tuesday announced it has tied up with the Geneva (Switzerland)-based global banking software company TEMENOS. Under an MoU signed between the two ...
More
PRIVATE BANKS
Karnataka Bank opens 396th branch
Karnataka Bank Ltd opened its 396th branch at Vazira Naka, Borivali (West), in Mumbai recently. A bank release said here on Tuesday that local MLA, Mr Gopal C. Shetty, inaugurated the new branch, along with the Managing ...
More
FOREIGN BANKS
HSBC Data Pro to expand
HSBC Data Processing, part of the HSBC Banking group, which currently employs about 10,000 employees across five delivery centres in the country and six in the region, is poised to add about 2,500 more. According to a statement ...
More
INTEREST RATES
The interest rate-stock price conundrum
In the medium and long term, however, if interest rates keep on rising, it is a definite no-no for stocks. Consumer spending, housing, corporate profits and investment will all be affected. Deviations possible in the short-term
More
GOVT BONDS
Bearish trend in bonds
The bond market on Tuesday was bearish due to lack of trading interest and fears of rising inflation. Total volumes were less than Rs 1,000 crore. The auction of Government securities scheduled next week was also another concern, ...
More
CORPORATE BONDS
PFs, insurers park funds in banks' perpetual bonds
To get more return on investments, reduce deficit
More
SHORT TERM INSTRUMENTS
Call rates steady at 5.8 pc
Call rates were steady at 5.75 to 5.8 per cent ,while liquidity was at Rs 48, 270 crore against Rs 49, 235 crore. "Liquidity has come down because the advance tax outflow has started. It is expected that there would be an ...
More
OUTLOOK
Andhra Bank targets 19.4 pc growth in biz
Ties up with HMT for tractor finance
More
Cross Currency Rates
Comments & Letters to the Editor to: bleditor@thehindu.co.in
Subscribe to: Business Line
|
RSS Feeds