The Hindu Business Line : Monday, October 13, 2008

MONEY & BANKING

RBI & OTHER CENTRAL BANKS: Kudos in order, as also more work
The reverberations of the US financial collapse on the various economies of the world have been far-reaching. Particularly, we are witnessing the collapse of leading banks in Europe. This has led many observers to reflect on the comparative ...

CONSUMER FINANCE: PSBs step in ‘cautiously’ as pvt banks trim vehicle lending
Kolkata, Oct. 12 Public sector banks are planning to increase their vehicle finance portfolio in a ‘cautiously aggressive’ manner in order to fill the vacuum left by some private banks that have trimmed their exposure in this ...

DEBT MARKET: Bonds rally on CRR cut; daily trade volumes increase
Bank deposits surge; institutional investors chase G-Secs. Bangalore, Oct. 12 Bonds continued their rally as risk averse investors turned to bank deposits and foreign funds liquidated their domestic assets. Traders said the rally was also ...

NBFCS: Due diligence on major shareholders of NBFCs likely
Panel may suggest giving RBI more say in certain cases. New Delhi, Oct. 12 The Reserve Bank of India should explore the option of having a say on the suitability of “major shareholders” in a non-banking financial ...

FOREX: ‘Pressure on rupee forced RBI to act’
Thiruvananthapuram, Oct. 12 The huge pressure on the rupee to depreciate may in all probability have forced the Reserve Bank to act the way it did on Friday, according to Mr Abheek Barua, Chief Economist, HDFC ...

REGIONAL RURAL BANKS: Karnataka rural bank staff follow Mahatma’s footsteps
KHADI PROMOTION. Dharwad, Oct. 12 “Practice what you preach” was what Mahatma Gandhi did. Now, it is the turn of a regional rural bank to follow his ...

FOREX: Currency futures trade soars on NSE
Mumbai, Oct. 12 There was hectic dollar hedging on the stock exchanges last week when the rupee-dollar exchange rate fluctuation was ...

CRR & BANK RATES: Liquidity crunch drives RBI’s intervention
Thiruvananthapuram, Oct. 12 Liquidity drought is what continues to drive active Reserve Bank intervention as was made clear on Friday when the regulator went in for another round of CRR cut, according to Crisil. Dr D.K. Joshi, Director ...