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Sunday, September 03, 2006
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MONEY & BANKING

INSURANCE
Centre to IRDA: Transfer fund to Public Account
`Move will not undermine regulator's independence' More

PRIVATE BANKS
United Western Bank placed under moratorium
Net worth below prescribed limit of Rs 300 cr; depositors' interest in jeopardy: RBI More

CREDIT CARDS & DEBIT CARDS
RBI working on multi-purpose smart cards
Integrating NDS with RTGS More

MERGERS & ACQUISITIONS
`Federal Bank interested in taking over United Western'
Federal Bank is interested in taking over the Maharashtra-based United Western Bank. "It suits us, we are interested," Mr M. Venugopalan, Chairman, Federal Bank, told Business Line on Saturday. (The Government of India (acting on an ... More

Vulnerability of small banks
"Too big to fail" is an apt statement when one hears of another small bank being put to sleep by the Reserve Bank of India. All organisations are vulnerable to fail, but banks and financial institutions are more vulnerable than others. And, the ... More

Govt clears Ganesh Bank merger with Federal Bank
Ganesh Bank branches to become Fed branches More






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Aug. 27-Sep. 2
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SMEs opting for ECB route to raise funds

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What RBI statistics say about NPAs

Forex reserves down $ 41 m



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