The Hindu Business Line : Monday, August 07, 2006

INSIGHT
What to do when child labour is the means of a family's subsistence?
Story so far: Shouting slogans and carrying placards against outsourcing, bankers go on strike. Not far away though is the lunch-hour rush from BPOs. I remember hearing voices against outsourcing from developed countries. But a ... More

The changing face of Indian banking
Bank CEOs are well aware that `clicks' cannot replace bricks completely. Even in the age of computerisation and core banking solutions, there is need for bankers to know their customers and be sensitive to their needs. The bankers are, therefore, com mitted to higher professionalism of their staff to cater to the diverse demands placed on banks by the emerging clientele. While KYC norms are desirable, they do impose a burden on customers from the lower-income groups. More

Of rising rates and shaky foundations
Did the 25-basis-point interest rate revision by the RBI warrant the sharp scaling up of housing loan rates by banks? After dousing inflation, the Government would do well to ensure greater liquidity and smother rising interest rates. Else, the count ry's aspirations of inclusive development may remain a dream. There is a distinct possibility that a large number of potential borrowers will defer their investment plans, given the growth surges in housing loan rates. More

DEBT MARKET
Time for short-term funds?
Debt products help in spreading risk over assets other than equity More

Insurers see bond yields rising, stay away
Surge in short-term liquidity as ULIP accretions go into deposits More

PRIVATE BANKS
New Karnataka Bank facility
Karnataka Bank Ltd has entered into an agreement with the Indian Railway Catering and Tourism Corporation Ltd (IRCTC) whereby the bank's Internet banking portal `Money Click' has been enabled as a payment option for online ... More

PUBLIC SECTOR BANKS
Central Bank charts revival plan
Tier-II issue for Rs 700-cr by year-end More

INTEREST RATES
Home loan rates: Just grin and bear!
More

FIXED DEPOSITS
City Union Bank's deposit schemes
City Union Bank (CUB) has introduced two new deposit schemes - CUB Tax Saver Gold and CUB Tax Saver Silver, with an effective annual yield of up to 17.72 per cent for persons with taxable income of more than Rs 10 lakhs. Both ... More

INTERVIEW
Bancassurance model pays off for SBI Life
To hike its capital base by Rs 100 crore in H2 More

STANDARDS & BENCHMARKS
Basel II- The challenge for risk managers
Rather than getting enamoured with the different methodologies for computing capital for credit and operational risk, if one starts addressing the qualitative factors for better risk management, it can take an organisation to greater heights. More