MONEY & BANKING
INSIGHT
US economy: Strong jobs data ahead?
The resilience of US stocks to poor data – continuing falls in housing by any chosen yardstick, decline in durable goods orders, retail sales in negative growth territory and diminishing consumer confidence – is the big surprise of ...
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INSURANCE
IRDA steps up vigil on insurers
Mumbai, Oct. 2 Insurers have now come under the close scrutiny of the Insurance Regulatory and Development Authority (IRDA).For the first time, IRDA has started conducting on-site inspections of insurance companies and has already ...
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NBFCS
Reliance Retail looking at finance, insurance, travel
May float 3 independent entities
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PUBLIC SECTOR BANKS
SBI beefing up overseas presence
Bhubaneswar, Oct. 2 The State Bank of India Chairman, Mr Om Prakash Bhatt, has said the bank is in the process of strengthening its overseas branches.Talking to presspersons here, Mr Bhatt said specialised cells were also being opened ...
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CREDIT MARKET
Indian Bank bullish on urban micro credit
Targets Rs 1,000 crore disbursal in current fiscal
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BoB ‘adopts’ Dungarpur
“If we have courage, we can find gold in the earth. If we smile, every season will seem pleasant”.For the people of Dungarpur, the most ‘backward’ district in Rajasthan, the lyrics of their song resound with the ...
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AP SHGs to get Rs 7,000-cr loan
Hyderabad, Oct. 2 The Andhra Pradesh Government will ensure availability of Rs 7,000 crore micro loans to members of self-help groups (SHGs) in the State, the Chief Minister, Dr Y.S. Rajasekhara Reddy, said. Speaking after inaugurating ...
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CREDIT CARDS & DEBIT CARDS
FINO, PNB tie-up for smart cards
Mumbai-based technology solutions provider and multi-bank promoted company FINO (Financial Information Network and Operations Ltd) plans to partner with Punjab National Bank for rolling out smart cards for the rural masses in Rajasthan. ...
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