Business Daily from THE HINDU group of publications
Friday, November 21, 2008
ePaper | Mobile/PDA Version | Audio | Blogs
Business Daily from THE HINDU group of publications Friday, November 21, 2008 ePaper | Mobile/PDA Version | Audio | Blogs |
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MONEY & BANKING PRIVATE BANKS: No evidence of manipulation of ICICI Bank share price: SEBI Mumbai, Nov. 20 Investigations carried out by the capital markets regulator show no evidence of manipulation in the share prices of ICICI Bank, said a news release from ... FOREX: Importers’ $ demand puts rupee under pressure ‘Trade credit has substantially contributed to forex drawdown’. Chennai, Nov. 20 The rupee is likely to depreciate further in the coming months because of demand for dollars from importers, according to Dr Saumitra Chaudhuri, noted ... FINANCIAL MARKETS: Rupee at all-time low The rupee continued to slip against the US dollar, though intervention from the Reserve Bank of India in the market helped reduce the ... CORPORATE BONDS: Public sector cos tapping bond market for funds Pricing, longer lock-in are key issues with ECB route. Bangalore, Nov. 20 Public sector entities are increasingly tapping the domestic bond markets for funds with External Commercial Borrowing (ECB) window ... FIXED DEPOSITS: LVB hikes deposit rates Lakshmi Vilas Bank has proposed an upward revision in its deposit rate in the one to two year time bucket by 50 basis points to 11 per cent for all except senior citizens, who would get an extra 0.5 per cent. The rate revision would become ... HOUSING FINANCE: Banks to focus on home loans below Rs 25 lakh See demand picking up with rate cuts. Hyderabad, Nov. 20 If you are planning to buy your dream house here is good news. Banks, which have been going slow on home loans till recently, are now planning to focus more on home loans below Rs ... FINANCIAL INSTITUTIONS: Govt, RBI to look at funding options for IIFCL: Chidambaram New Delhi, Nov. 20 The Finance Ministry and the Reserve Bank of India may look at providing more money to India Infrastructure Finance Company Ltd (IIFCL), a Government-owned company, as part of efforts to boost infrastructure financing in ... PUBLIC SECTOR BANKS: Corporation Bank to scale up bancassurance Mangalore, Nov. 20 Corporation Bank is planning to increase the share of non-interest income to total income significantly, according to Mr J.M. Garg, the new Chairman and Managing Director of the ... GOVT BONDS: Bond rally continues ... PEOPLE: New head for Citi S. Asia; Sanjay Nayar moves to KKR New Delhi, Nov. 20 Citigroup Inc has named Mr Mark T Robinson as head of its South Asia operations, replacing Mr Sanjay Nayar, who’s left to join private equity firm Kohlberg, Kravis, Roberts & Co (KKR) ... ALLIANCES & JOINT VENTURES: SBI gets RBI nod for SocGen venture Mumbai, Nov. 20 State Bank of India has received the Reserve Bank of India’s approval for the proposed joint venture company with Societe Generale Securities Services (SGSS), for offering custodial and related services in ... FIXED DEPOSITS: Syndicate Bank ups deposit rates ... PUBLIC SECTOR BANKS: IndusInd to add branches, ATMs ... DEBT MARKET: RBI may allow special market operations for oil bonds Mumbai, Nov. 20 The Reserve Bank of India may restart the special operation market operation (SMO) facility to directly provide dollar liquidity to oil companies, said ... FINANCIAL MARKETS: Liquidity is not the issue Going by the pronouncements of everyone from the Finance Minister downwards, it is the number one problem affecting the economy and financial ... HOUSING FINANCE: HDFC branch at Gachibowli Housing finance major HDFC Ltd opened a branch at Gachibowli here on Thursday. Ms Renu Sud Karnad, Joint Managing Director, HDFC Ltd, formally inaugurated the office. “Hyderabad is an important market for us. Gachibowli, one of the major ... Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
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