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MONEY & BANKING
CREDIT MARKET:
Banks’ credit to realty sector expands in 2008-09
Lowering of risk weights may have resulted in higher exposure. BL Research Bureau Real estate developers may have just got out of a severe liquidity crunch; but data from the Reserve Bank of India suggest that bank credit to the realty sector ...
INSIGHT:
`e' or no `e'.
When I was a kid, my father used to drag me to the bank to teach me banking and how to fill up forms. We lived in a small town called Srirangam and my father seemed to know almost everyone in the bank by name. There were forms for everything, ...
NBFCS:
Share Microfin to raise Rs 2,150 cr for expansion
Hyderabad, June 21 Share Microfin Ltd (SML) plans to raise Rs 2, 150 crore this financial year to fund its expansion. Of this, Rs 1,900 crore would be debt and the remaining equity, Mr M. Udaia Kumar, Managing Director, told ...
DEBT MARKET:
Bonds rebound, yields soften on profit-taking
Credit offtake continues to be muted despite comfortable liquidity. Bonds rebounded and yields softened on profit-taking by traders ahead of ...
INTERVIEW:
United India thrust on strengthening agency force
Creates specialised offices, verticals to focus on different biz segments. Coimbatore, June 21 The year 2008-09 was a satisfactory one for United India Insurance, according to its Chairman and Managing Director, Mr G. Srinivasan. The public ...
FINANCIAL SERVICES:
Regulators proposed for financial advisors
Ahmedabad, June 21 The Financial Planning Standards Board India proposes the appointment of regulators for financial advisors in the Union Budget, according to the Principal Advisor, Mr Ranjeet ...
GOVT BONDS:
Uniform pricing for G-sec auctions
Bangalore, June 21 Till March this year, the Reserve Bank of India’s preferred method of government security auctions was the multiple ...
PUBLIC SECTOR BANKS:
SBH branch shifted
...
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