The Hindu Business Line : Friday, December 05, 2008

MONEY & BANKING

INSIGHT: Terrorism, meltdown and fiscal chastity
Let there be no mistake about it. India is a country at war — a war on terrorism and a war dealing with the global financial meltdown. These wars have to be fought effectively and expeditiously and there are unavoidable costs as ...

FINANCIAL POLICY: As inflation falls, RBI is shifting focus to growth
Rate cut is a key tool, not the only tool: Subbarao. Hyderabad, Dec. 4 The Reserve Bank of India (RBI) is shifting its policy focus to growth, moving away from measures directed at curbing the inflation, according to Dr D Subbarao, ...

INSIGHT: Banks turn in a good show
Banks have been witnessing sound growth in overall business (deposits and advances) in the eastern and north-eastern region, according to the latest figures provided by banks. There has been a good growth in deposits and advances in the region ...

INSURANCE: Insurance companies making rapid strides
A zone characterised by high rural density, relatively conservative investment orientation and lukewarm economic climate – the eastern and north-eastern regions, however, continue to have substantial growth potential for both life and ...

INTEREST RATES: Rate cut in the offing
Mumbai, Dec. 4 The Reserve Bank of India is expected to announce another set of measures, including a rate cut, on Saturday, as part of its efforts to boost demand in ...

GENERAL INSURANCE: Insurers getting more queries on terror cover
Mumbai, Dec. 4 Seafood exporter Gul Kripalani never thought about an insurance cover against terror attack until last week. He has his unit near Colaba Causeway, the epicentre of last week’s terror attack in Mumbai. Now he is thinking ...

GOVT BONDS: Bond prices fall 47 paise
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FOREX: Rupee tad higher
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SHORT TERM INSTRUMENTS: Call rates unchanged
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PRIVATE BANKS: Award for YES Bank
YES Bank has been recognized as the ‘Most Innovative Bank in India’ at the New Economy First Annual Banking and Finance Awards 2008. The awards function was held in London.The bank’s Managing Director and CEO, Mr ...

FOREIGN BANKS: Capital infusion
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FINANCIAL MARKETS: ‘India facing knock-on effect of global crises’
Hyderabad, Dec. 4 The impact of global financial crisis on India is “stronger and longer than expected” and there is a need to weather its negative impact on the domestic economy, according to Dr D. Subba Rao, Governor, Reserve ...