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Sunday, August 10, 2008
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MONEY & BANKING

CRR & BANK RATES: Will dear money policy pay off?
The RBI’s move to raise the repo rate and cash reserve ratio (CRR) sharply upwards has raised a lot of eyebrows with some feeling that it may be an overreaction to the inflation threat. This is especially so given that it follows a hike in ...

LIFE INSURANCE: How much cover do I need?
Do you need Life Insurance? In the Financial Planning that I do for my clients, this is usually my first question. The right question that we need to ask ourselves is — Do I need to protect my family even if I am not around? The answer ...

CONSUMER FINANCE: Retail loan quality under a cloud
Recent research has called into question the quality of the retail asset portfolio of banks, with new concerns about delinquencies in the retail advances. Research by rating agency Crisil has estimated total outstanding retail lending ...

INTEREST RATES: United Bank increases PLR
The United Bank of India has announced revision of benchmark prime lending rate from 13.75 per cent to 14.25 per cent in view of upward revisions of repo rate and cash reserve ratio by RBI, according to a press release issued by the bank. The ...

INTEREST RATES: Bank of Baroda hikes lending rates by 75 bps
New Delhi, Aug 9 Bank of Baroda, a public sector bank, has hiked its benchmark prime lending rate (PLR) by 75 basis points from 13.25 per cent to 14 per cent. The revised rate would be effective from August 11, the Chairman and Managing ...

PRIVATE BANKS: Lakshmi Vilas Bank expects 50% growth in credit
Chennai, Aug. 9 Lakshmi Vilas Bank (LVB) expects 50 per cent growth in credit, the bank’s Managing Director, Mr V.S. Reddy, told Business Line ...



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Markets (Aug 09)
Nifty (at close)4529.50(+5.65)
US Dollar (Buy/Sell)42.20/21
Brent crude (per bbl) Rs4,777
Gold (a gram) Rs1,088
Silver (a kg) Rs21,930

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Radar: Resources elsewhere
Food: Who pays the price (Video)

ADB World Outlook 2008

ADB's Outlook on India

Union Budget 2008-09

Railway Budget 2008-2009

Economic Survey 2007-2008

In Focus
Remembering Ramachander

Ranbaxy-Daiichi deal

People's car

Other Top Stories
Changes in law likely to boost engineering exports

Indian Hotels, ITC, EIH to expand footprint led by tourism growth

Titan Energy to build grid-linked solar power plant

OECD signals sharper slowdown in top economies

Infy to train 6,000 under skill initiative

NTPC in pact with NHPC, PFC, TCS for power exchange

Looking back
Aug. 3-Aug. 9
Forex reserves down by $504 m

Bond yields firm despite weakening oil prices

Government solvency beats market irrationality

HSBC sees moderation in profit growth in India

Slowdown in Tier II bond issuances



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