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MONEY & BANKING
FINANCIAL INSTITUTIONS:
Micro finance institutions ride on mobile boom
REACHING RURAL INDIA. In an effort to increase the reach of micro-financing into rural India, microfinance institutions (MFIs) are now using mobile phone technologies to make it more convenient and secure for the users. The latest to enter this ...
DEBT MARKET:
Bonds retreat on technical correction
Deposit accretions on the rise; further cut in lending rates seen. Bangalore, Nov. 9 Bonds retreated last week cutting short their rally on technical correction and on banks shifting resources to meet ...
FINANCIAL MARKETS:
Financial reforms take a ‘U’ turn
No one keeps count of the meetings of the banks convened by the Government and the RBI. But during the last few years, apparently, most bank chiefs of the public sector banks seem to have spent valuable time in the corridors of the Government ...
GENERAL INSURANCE:
United India sees potential in rural, semi-urban areas
The United India Insurance Company is gearing up to face competition in the wake of opening of the sector to private players and it is engaging a Boston consultancy group for the purpose, according to Mr G. Srinivasan, the Chairman and ...
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