MONEY & BANKING
DEBT MARKET
Giving debt its due
Several changes over the past year necessitate an overhaul of your debt portfolio.
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HUMAN RESOURCES
Banks legally bound to make temporary hands permanent: HC
Though nationalised banks are institutions under Union Government, they did not cease to be establishments for purpose of definition of term "industrial establishment" under TN Industrial Establishment (Conferment of Permanent Status to Workmen) ...
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PUBLIC SECTOR BANKS
Syndicate Bank's rural operations
Syndicate Bank is using its five RRBs (regional rural bank) to reinforce itself in the rural areas. And the bank has, according to its Chairman and Managing Director, Mr C.P. Swarnkar, undertaken the effort of cleaning up the ...
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RESTRUCTURING
ICICI Bank to set up new arm for insurance, MF biz
Investments in four entities to be transferred to ICICI Holdings
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FIXED DEPOSITS
City Union Bank's new scheme
The Union Bank has introduced `CUB 399', a deposit scheme that would yield interest at 9.25 per cent per annum for the general category and an additional 50 basis points (9.75 per cent) for senior citizens. The duration would ...
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KVB unveils scheme for seniors
Karur Vysya Bank has launched KVB 600, a new deposit scheme targeted at senior citizens. Under the scheme, senior citizens would be paid interest at the rate of 10 per cent per annum (the annualised yield would however be around ...
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