MONEY & BANKING
FOREX
Rising rupee: Hyundai to take Rs 156-cr hit this year
Co seeks a system of rebate on taxes, levies
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‘Exporters need to have expertise in managing currencies’
Hyundai seeks rail connectivity to Chennai port
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Rupee closes at 39.30
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HOUSING FINANCE
ICICI Bank cuts home loan rates
Private-sector bank ICICI Bank has cut interest rates on its floating home loans by 50 basis points to 11 per cent and rates on personal-and-auto loans between 25 and 50 basis points, said Mr V Vaidyanathan, Executive Director, ICICI ...
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Interest cut by banks lifts realty stocks
‘Trend of lowering rates is likely to be picked up by others’
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LIFE INSURANCE
LIC to complete digitisation of policies in 3 years
Hyderabad, Oct. 11 Life Insurance Corporation of India (LIC) has said that it would complete the process of digitisation of all the policies in the next three years.Addressing a press conference here on Thursday, Mr S Viswanathan, Zonal ...
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CREDIT RATING
‘Acquisitions will hurt credit-worthiness’
Crisil’s downgrades have exceeded upgrades in H1
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PRIVATE BANKS
TMB opens branch in Surat
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FINANCIAL INSTITUTIONS
PFC in talks with equity players
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Nabard plans rural cell
New Delhi, Oct. 11 National Bank for Agriculture and Rural Development (Nabard) has decided to set up a separate cell to focus on rural services sector, its Managing Director, Dr K.G. Karmakar, has said.“We need to look at rural ...
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GOVT BONDS
Bond market range-bound
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NON-PERFORMING ASSETS
SARFAESI Act too harsh on us, say micro units
To seek White Paper on implementation
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SHORT TERM INSTRUMENTS
Call rates unchanged
Call rates closed at 6-6.10 per cent on Thursday, against the previous close of 6.10-6.20 per cent. In the first one-day reverse repo auction under the Liquidity Adjustment Facility, the Reserve Bank of India received and accepted 33 bids for Rs ...
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INTERVIEW
‘Market-driven pricing to evolve for health cover’
Insurers moving towards risk adequate premiums
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STANDARDS & BENCHMARKS
Basel panel working on risk management
New Delhi, Oct 11 The Basel Committee on Banking Supervision is confident that its ongoing initiatives would help address the types of issues and risks arising from the recent financial market turbulence. In a statement issued at the ...
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TRENDS
Gaining currency the sweet way!
COIN SHORTAGE
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