MONEY & BANKING
FOREX
What drives corporate hedging policy?
The analysis in the above article indicates that steady growth in business volumes and a policy of systematically hedging operating foreign exchange exposures have lowered earnings volatility for the IT sector. The stock market seems to have ...
More
CREDIT RATING
Crisil releases first set of bank loan ratings
Mumbai, June 30 Crisil has assigned its first set of Bank Loan Ratings (BLRs) based on Basel II, the new regulatory framework on capital adequacy for banks. The banks will be able to use the ratings to determine risk weights for their loan ...
More
INTEREST RATES
SBT hikes NRE term deposit rates
State Bank of Travancore (SBT) has revised the interest rates for FCNR and NRE term deposits with effect from July 1. As per the revision, the interest rates for NRE deposits will be 5.43 per cent (existing 5.39 per cent) per annum for a period ...
More
FIXED DEPOSITS
UCO Bank’s new term deposit rates
UCO Bank has set new rates on domestic term deposits. The rate for three to five-year periods and above has been revised from 9.75 per cent to 9.25 per cent. Rates for other maturity periods remain unchanged, a press note issued by the bank has ...
More
MERGERS & ACQUISITIONS
Strategic investor: IFCI board meet on Friday to decide on bids
New Delhi, June 30 The board of directors of IFCI Ltd is to meet on July 6 to decide on inviting bids for expression of interest (EOI) to induct a strategic investor in the company.The company had a few months ago appointed Ernst & ...
More
Comments & Letters to the Editor to: bleditor@thehindu.co.in
Subscribe to: Business Line
|
RSS Feeds