The Hindu Business Line : Monday, March 23, 2009

MONEY & BANKING

GENERAL INSURANCE: Oriental Insurance to rework cover
Mumbai, March 22 With the Indian Premier League being shifted out of the Indian sub-continent, Oriental Insurance Company will now have to rework the cover it provides to the ...

CONSUMER FINANCE: Who is going to finance the car
Chennai, March 22 Public sector banks are all set to take the lead in financing the Nano, with those in the private sector undecided still on whether they should offer loans to customers wanting to purchase the low-cost car or on what kind ...

DEBT MARKET: Yields retreat on low credit offtake, drop in inflation
Deposit accretions continue; banks focus on bringing down bulk deposit rates. Bangalore, March 22 Bond yields retreated as credit off-take contracted and inflation dropped below one per ...

LIFE INSURANCE: LIC’s investable corpus at Rs 2 lakh cr
Life Insurance Corporation of India is expected to have a corpus of Rs 2 lakh crore available for investment in the next fiscal. The corporation will have an investable corpus of close to Rs 2 lakh crore in the financial year 2009-10, an increase ...

PUBLIC SECTOR BANKS: Bank of India aiming for Rs 4,000-cr biz in Kerala
The public sector Bank of India is targeting a Rs 4,000-crore business from Kerala in the next financial year, a 25 per cent growth compared to the previous fiscal, Mr M. Narendra, Executive Director of the Bank, has ...

PUBLIC SECTOR BANKS: United Bank raises Rs 250 cr via bonds
Kolkata, March 22 The United Bank of India has raised Rs 250 crore worth capital by way of Lower Tier II bonds at a yield of about 9.3 per cent in order to boost its capital adequacy and fund its growth needs, according to the ...

HUMAN RESOURCES: A finishing school for insurance pros
Hyderabad, March 22 ICICI Prudential and Talent Sprint have come together to set up a finishing school for insurance professionals, a sector facing shortage of trained ...

INTERVIEW: YES Bank eyes 35% growth in deposits
We need to grow in some segments and degrow in others: Rana Kapoor. Mumbai, March 22 New generation private bank YES Bank has created a niche for itself as a ‘knowledge-driven organisation’. The aim is to be a simple, high-tech ...

LIFE INSURANCE: ICICI Prudential premium payment
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Markets (March 20)

Nifty (at close)	2,807.05 (-0.10)
US Dollar (Buy/Sell)	50.70
Brent crude (a bbl) Rs	2,496
Gold (a gram) Rs	1,438
Silver (a kg) Rs	24,165

Cross Currency Rates

In Focus
Mandate 2009

Who is hiring?

More

Other Top Stories
Weak $, investments to push gold higher; crude buoyant

‘India’s response to slowdown seems misdirected, may stoke inflation’

Yields retreat on low credit offtake, drop in inflation

A deepening economic crisis

Why iGATE opted out of Satyam rink

ISB Dean sees new trends in recruitment

Looking back
Mar. 15-Mar. 21
Two-wheeler finance sector growth may inch up next fiscal

Bond yields maintain upward momentum

More MFIs securitising loans to raise funds

Axis Bank to curtail personal loan portfolio

US economy: Strong revival signs

Star Health’s new product to cover maternity expenses