MONEY & BANKING
INSIGHT
Playing the capitalist game
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FOREX
Rupee squeeze prompts textile cos to change tack
BL Research Bureau The April-June quarter proved to be dismal for textile companies, as an appreciating rupee took its toll on operating margins of major exporters. For those companies that were on an expansion spree, capital costs ...
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Rupee may keep gold prices under check
Chennai, Aug. 5 Domestic gold prices could be kept under check this month as the rupee is expected to remain strong against the dollar. “The strength of the rupee remains a key factor which has depressed the prices in the domestic ...
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INFORMATION TECHNOLOGY
Indian Bank plans CBS at all branches
Indian Bank intends to bring all branches – 1,475 existing ones and 50 more to be set up – under core banking solutions (CBS) by the end of the financial year, according to Mr M.S. Sundara Rajan, Chairman and Managing ...
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HOUSING FINANCE
Sub-prime lending crisis keeps every one on tenterhooks
Indian markets just begun to feel the indirect effect
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PUBLIC SECTOR BANKS
Canara Bank plans tie-up with airlines, financial institutions
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GOVT BONDS
Bond yields firm on CRR hike
Imminent FII exits from stocks to ease pressure on money supply
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MORTGAGE
Equinox sees big growth in mortgage outsourcing
Hyderabad, Aug. 5 With the US mortgage industry increasingly automating its processes, there is good likelihood that it will outsource the bigger chunk of the work to service providers in India, according to Equinox Corporation, which is part ...
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