The Hindu Business Line : Sunday, January 04, 2009

MONEY & BANKING

CRR & BANK RATES: The likely beneficiaries of the second stimulus package
Package focuses on select sectors. Chennai, Jan. 3 If the Cenvat concession and interest rate cuts of the first stimulus aimed at trimming costs for India Inc as a whole, the second one singles out select sectors for its ...

FINANCIAL POLICY: ‘Stimulus may not revive commercial vehicle sales’
Only large fleet operators to benefit from ‘depreciation’ move: NBFCs. Chennai, Jan. 3 Non-banking finance companies (NBFCs), which finance the purchase of half the commercial vehicle sales in the country, say the ‘50 per cent ...

HOUSING FINANCE: Seeking more from the rejig
Loan rescheduling welcome, but details need to be spelt out. The RBI’s announcement last month allowing banks to extend concessional treatment to commercial real estate loans restructured up to June 2009 has come as a shot in the arm for ...

HOUSING FINANCE: IOB’s special home loan scheme
Indian Overseas Bank has announced a ‘special package housing loan scheme’ for home loans up to Rs 20 lakh, according to a press release from ...

CRR & BANK RATES: RBI’s move to improve liquidity
The 100 basis point cut in the repo and reverse repo and 50 basis point cut in the CRR clearly signal that the Reserve Bank wants to improve the liquidity in the system. Banks will now have to lower their rates, Mr V.S. Reddy, ...

PUBLIC SECTOR BANKS: SBI to raise Rs 5,000 cr tier-II capital in January
Plans to target retail investors for the issue. Guwahati, Jan. 3 State Bank of India will raise Rs 5,000 crore tier-II capital in January to fund its growth needs, according to its Chairman, Mr ...

FIXED DEPOSITS: Lock into that deposit while the going is good
For those of you who have been stashing away your savings in the safe haven of fixed or bank term deposits, the good times are coming to an end. Interest rates being offered by banks on their term deposits are tumbling and tumbling rapidly, ...

PUBLIC SECTOR BANKS: Syndicate Bank’s interest earnings may be pressured
Bangalore, Jan. 3 Public sector Syndicate Bank’s interest earnings are likely to come under pressure this financial year with the sharp fall in ...

CRR & BANK RATES: RBI may not be done with yet, say economists
Thiruvananthapuram, Jan. 3 Unforeseen liquidity pressure and an as-yet unyielding consumer price index (CPI) inflation would have a say on whether another round of monetary easing becomes warranted before the turn of the fiscal, say ...

GOVT BONDS: Gilt, income better than equity
The year that has passed may have been a painful one for investors who didn’t follow any specific asset allocation pattern. If you moved a major portion of your investments into equity funds, in the chase for returns, your investment ...

GOVT BONDS: Time for long bond funds
The time has come for investors to again actively allocate a part of their fixed-income portfolio to medium-term and long-term bond funds. Such funds have been out of fashion for almost six years now. The overall macro-environment is ...

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Markets (Jan 03)

Nifty (on Jan 02)	3046.75(+13.30)
US Dollar (Buy/Sell)	48.55/60
Brent crude (a bbl) Rs	2,336
Gold (a gram) Rs	1,245
Silver (a kg) Rs	19,745

Cross Currency Rates

In Focus
Who is hiring?

More

Other Top Stories
Truckers face demand slowdown; rentals drop 8%

Cenvat credit facility allowed for supplies to SEZ developers

SBI to raise Rs 5,000 cr tier-II capital in January

Satyam promoters’ stake falls below Aberdeen Group

Stimulus package inadequate for textile sector, says SIMA

Looking back
Dec. 28-Jan. 3
HDFC Bank may lower auto loan exposure in some States

Bonds pause ahead of year-end; traders await policy intervention

Fall in premium, stock market volatility confront general insurers

Credit rating agencies: Flawed institutions

Slowdown clips insurance sector growth: IRDA

Ratings of global majors’ affiliates downgraded

Branchless banking, the Corporation Bank way

ULIPs likely to be cheaper by 10-15 pc

ECB inflows down 35%

Bankers see credit offtake picking up