MONEY & BANKING
FOREX
Forex reserves fall by $663 m
Mumbai, May 2 The country’s foreign exchange reserves fell by $663 million to $312.871 billion for the week ended April 25, according to the Reserve Bank of India’s Weekly Statistical Supplement.In the previous week, the ...
More
Rupee ends lower on dollar buying
The rupee ended lower by about 12 paise, against Wednesday’s close, due to dollar buying by oil companies and importers ahead of the weekend, said forex dealers. On Friday, the rupee opened at 40.50 and fell to as low as 40.77, before ...
More
FINANCIAL PERFORMANCE
SBI 4th quarter net rises 26%
No derivative loss in Indian market; deposits rise 23%
More
PNB Housing net rises 45%
New Delhi, May 2 PNB Housing Finance Ltd, a wholly owned subsidiary of Punjab National Bank, on Friday reported a 45.17 per cent increase in net profit for the year ended March 31 at Rs 40.59 crore, when compared with a net profit of Rs 27.96 ...
More
HOUSING FINANCE
Home loans: Housing finance cos see growth, banks slowdown
High interest rate environment, problems in recovery have moderated credit flow
More
PUBLIC SECTOR BANKS
Demat facility for SBT shares
More
FOREIGN BANKS
StanChart may fund Toonz films
Thiruvananthapuram, May 2 Standard Chartered Bank is evaluating a proposal to finance a series of animation films and serials to be produced by Toonz Animation, a subsidiary of Singapore-based Toonz Entertainment Pte Ltd. Mr Lee ...
More
INTEREST RATES
RBI, Fed keep stance
More
GOVT BONDS
Bond prices up on ample liquidity
Bond prices rose by over 50 paise as comfortable liquidity in the system prompted traders to buy in the market. Total traded volumes on the order-matching system were at Rs 9,275 crore. Dealers said that the surge in liquidity in the system ...
More
RESTRUCTURING
SBI plans to restructure international operations
‘Sub-prime crisis had little effect on overseas operations’
More
SHORT TERM INSTRUMENTS
Call rates close at 6-6.05%
The inter-bank call rate closed at 6.00-6.05 per cent, against the previous close at 6.00-6.10 per cent. In the three-day reverse-repo auction under the liquidity adjustment facility, the RBI received and accepted 11 bids for Rs 20,250 crore. ...
More
PEOPLE
Karur Vysya Bank CEO and MD
More
Comments & Letters to the Editor to: bleditor@thehindu.co.in
Subscribe to: Business Line
|
RSS Feeds