MONEY & BANKING
INSIGHT
Financial inclusion alone is not enough
More
FOREX
Less for more: Textile export value to US down even as volumes surge
Hardening rupee, interest rates hit realisations
More
Rupee gains 9 paise
Backed by the strong FII inflows and good dollar supplies into the market, the rupee appreciated by almost nine paise against the greenback on Wednesday. The home currency opened at 40.56/57 and closed the day at 40.45, up from the previous close ...
More
NBFCS
Magma Shrachi giving Rs 373 cr
Magma Shrachi Finance Ltd, a Kolkata-based retail finance company, has targeted to disburse Rs 373 crore in the Hyderabad business region that comprises seven districts. Addressing a press conference here, Mr Ravi Todi, Joint Managing Director, ...
More
AGRICULTURAL INSTITUTIONS
Nabard mulls arm for micro-finance
More
GOVT BONDS
Bond prices strengthen
The bond prices went up by about 40 paise and the yields fell by 6 basis points buoyed by the surplus cash in the system. “There has been a good amount of dollar inflows into the market which has attributed to the surplus cash in the ...
More
CREDIT MARKET
Andhra Bank aims at lending Rs 500 cr for education
With booming demand for loans for higher education and overseas study, Andhra Bank plans to disburse about Rs 500 crore as education loans this fiscal.The bank has accounted for more than 10 per cent of the total education loans ...
More
CREDIT CARDS & DEBIT CARDS
Gitanjali, ICICI Bank tie up for jewellery credit card
More
FIXED DEPOSITS
Banks lower bulk deposit rates
Liquidity comfortable; further softening likely
More
NRE, FCNR deposits look attractive for customers
LIBOR rates rise 8 bps in the past two months
More
MERGERS & ACQUISITIONS
Thane bank acquisition
Thane Janata Sahakari Bank (TJSB) has acquired three branches of the Pune-based Navjeevan Nagari Sahakari Bank Ltd and has also received RBI approval for the merger of 17 branches of the Shree Sadguru Jangli Maharaj Sahakari Bank Ltd. Following ...
More
MARKETING RESEARCH
Data quality, retention are challenges before banks
More
CO-OPERATIVES
RBI eases branch norms for urban co-op banks
Mumbai, July 4 Urban co-operative banks (UCBs) with a capital adequacy ratio not less than 9 per cent and with net non-performing assets (NPA) below 10 per cent can now open new branches and extension counters (EC). The banks will also ...
More
OUTLOOK
UBS plans to invest $65 m in India service centre
Sets up new facility in Hyderabad
More
Comments & Letters to the Editor to: bleditor@thehindu.co.in
Subscribe to: Business Line
|
RSS Feeds