Business Daily from THE HINDU group of publications
Friday, February 06, 2009
ePaper | Mobile/PDA Version | Audio | Blogs
Business Daily from THE HINDU group of publications Friday, February 06, 2009 ePaper | Mobile/PDA Version | Audio | Blogs |
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MONEY & BANKING SECURITY: Banks to beef up data security measures Setting up ‘near-sites’ to capture all transactions on real-time basis. Mumbai, Feb. 5 In order to ring-fence their services from serious disruptions arising out of possible terrorist attacks, floods, earthquakes, strikes, et al, ... INTERVIEW: ‘Slowdown impacting loan repayment’ Chennai, Feb. 5 Mr Ananthakrishna, Chairman, Karnataka Bank, was in Chennai recently for the inauguration of the bank’s renovated branch here. The 78-year-old Thambu Chetty Street branch, in the business district of Chennai, ... FINANCIAL INSTITUTIONS: ‘India unlikely to get access to ADB’s soft loan window’ ADB to meet increased needs of developing Asian economies. New Delhi, Feb. 5 India and China are unlikely to get access to the interest-free and long-term loans from the Asian Development Bank (ADB) even at this juncture of global financial ... DEBT MARKET: Tech snag hits bonds trade The bond market saw very low volumes as the CCIL’s Order Matching System was hit by a technical fault. There was some problem with CCIL and IDBRT due to which CCIL’s Internet Protocol address could not be located, said an official ... SHORT TERM INSTRUMENTS: Call rates end lower Inter-bank call rate closed lower at 4.05-4.10 per cent, against the previous close of 4.10-4.25 per cent. In the one-day repo auction under the first liquidity adjustment facility (LAF), there were no bids. In the reverse repo auction, the ... INFORMATION TECHNOLOGY: PNB implements 100% core banking New Delhi, Feb. 5 Punjab National Bank’s services will, in the next few months, be available at 1 lakh touch points across the country, its Chairman and Managing Director, Dr K.C.Chakrabarty, said here on ... INSIGHT: Protecting core entities Excellent performance of the banking sector, as reflected in the third quarter results, with an impressive average net profit growth of 58 per cent posted by the top 20 banks, should be a shot in the arm to an otherwise morose economy ... CREDIT MARKET: ‘Credit for exporters in foreign currency to be dearer’ Mumbai, Feb 5 The Reserve Bank of India on Thursday announced a host of measures to alleviate the problems faced by banks. Among others, the measures include making credit for exporters in foreign currency dearer by 250 basis points, doubling ...
CREDIT MARKET:
‘Agri credit flow seen slowing down’ Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
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