The Hindu Business Line : Wednesday, March 28, 2007

DIVIDEND ANNOUNCEMENT
Corp Bank declares 40% interim
Corporation Bank has informed the BSE that the board of directors, which met on March 24, has declared an interim dividend of 40 per cent for 2006-07. It said April 10 has been fixed as the record date for the purpose of payment of interim ... More

SOFTWARE
Experian keen on India presence
Plans credit info bureau More

LIFE INSURANCE
SBI Life branch in Secunderabad
In line with its rapid branch expansion plans across the country, SBI Life Insurance Company Ltd today announced the formal opening of its branch in Secunderabad, Andhra Pradesh. The company now has 10 branch offices in Andhra Pradesh. While ... More

GENERAL INSURANCE
AP Govt plans new health scheme
Pilot project to be launched in 3 districts on March 31 More

FINANCIAL MARKETS
US yield curve set to flatten
The Federal Open Market Committee (FOMC), which sets US interest rates, met last week. Those hoping for a clear signal on the FOMC's next interest rate move were disappointed. It was a case of running with the hares and hunting with the hounds. ... More

HUMAN RESOURCES
Old pvt banks no longer immune to `job hopping'
`Days of climbing the ladder slowly are over' More

RBI & OTHER CENTRAL BANKS
Banks working on March 26-31
To facilitate Government transactions and meet the probable rush of taxpayers by March 31, RBI has taken the following steps. All the regional offices of RBI and branches of agency banks conducting Government business will extend ... More

PUBLIC SECTOR BANKS
Bank branch shifted
Central Bank of India (CBI) has shifted its Khairatabad branch to a new location near Shadan College. The more spacious branch has online banking and ATM facilities, a press release said. ... More

Union Bank beefs up retail lending
Union Bank of India (UBI) has today launched its first centralised processing centre in South India at Saifabad in Hyderabad. Addressing a gathering of staff and customers after inaugurating the centre, Mr R. Vishwanathan, the bank's General ... More

TRADE & LABOUR UNIONS
Bank officers for regulated working hours
The All Indian Bank Officers Association (AIBOA) has decided to launch action programmes in the country for regulated working hours. This is as per the decision of the Silver Jubilee Conference of AIBOA held at New Delhi, Mr R.J. Sreedharan, ... More

INTERVIEW
Shariah-compliant products can help unlock trillions of dollars
The funds collected are not for the purpose of accumulating/ paying interest or invested in any negative businesses that harm morality of the society. All transactions are backed by assets with no guaranteed rate of returns. More

CO-OPERATIVES
No relief yet for depositors in liquidated co-op banks
`Claim list' not submitted by liquidators; nearly Rs 400 cr stuck with banks More

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Top Stories
Shariah-compliant products can help unlock trillions of dollars

Cricketers will bounce back, say brand managers

Sharp fall in wheat prices unlikely despite better crop

Farm growth cannot be doubled without corporate role: Montek

Service tax collections may top Rs 38,000 cr this fiscal

No renegotiating contracts: SET Max

US yield curve set to flatten

Looking back
Mar. 18-Mar. 24
Insurers turn cautious on inflation, keep to sidelines

Govt will get back its investment in SUUTI with interest: Mathur

Bensield plans investments

Banks: Traditional performance measures need change

LIC invests in Vijaya Bank's bonds

GIC foreign premium may be under $500 m this fiscal

Forex reserves up by $1.54 b