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Monday, November 30, 2009
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MONEY & BANKING

FINANCIAL MARKETS: IBM is cheaper than Infosys!
Price-earnings ratio of many US stocks lower than that of Indian peers. If you are a bargain hunting investor, how about substituting your Infosys holdings with the US-listed IBM or Hindustan Unilever with ...

FINANCIAL INSTITUTIONS: ‘Dubai debt crisis will have limited impact'
Geojit BNP sees rise in NRI inflows in short-term. Dubai's debt crisis has rattled markets across the world as the problem revived worries about the health of the global financial system. Although the exposure of Indian companies and banks to ...

SOFTWARE: $500 m savings annually…
…means more money for investments, says StanChart's top official.. Technology, for a bank, is the factory, warehouse and end-product, says Jan Verplancke, CIO, Group Head, Technology and Operations, Standard Chartered Bank. While investing ...

DEBT MARKET: Yields plunge as credit offtake remains sluggish
Deposit rates to be under pressure as banks contain inflows. Bond yields headed further south as banks' credit books remained stubbornly sluggish so far into the peak season, triggering a chase ...

INTERVIEW: Bank of Maharashtra to expand in unbanked areas
We want to reduce our NPAs by 25% by March: CMD. Pune-based Bank of Maharashtra recently entered its Platinum Jubilee year. In an interview with Business Line, Mr Allen C.A. Pereira, Chairman and Managing Director, spoke on the bank's business ...

HUMAN RESOURCES: Bank wage arrears to be paid in cash
It is not only bank employees and officers who will get a bonanza from the wage settlement arrived at on Friday between the bank unions and Indian Banks' ...

FINANCIAL SERVICES: KYC norms for money transfer services tightened
All authorised persons, who are Indian agents under the money transfer service scheme, should undertake profiling for each new customer, based on the customer's risk. The profile may contain information about the customer's identity, social ...

AGRICULTURAL INSTITUTIONS: Nabard to focus on 13 States for SHG-bank linkage programme
The self-help group–bank linkage programme extending microfinance services such as micro saving, micro credit, micro insurance, and financial advice to the poor could reach the milestone of covering one crore SHGs much before the ...





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Markets (Nov 27)
Nifty (at close)4,941.75 (-63.80)
US Dollar (Buy/Sell)46.64/65
Brent crude (a bbl) Rs3,533
Gold (a gram) Rs1,649
Silver (a kg) Rs29,200

Cross Currency Rates

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In Focus
Nano - The People's Car

Mandate 2009

Who is hiring?

More

Other Top Stories
Where is gold headed?

Hiring activity spurs demand for HR professionals

FIIs will focus more on primary market: UTI MF

Yields plunge as credit offtake remains sluggish

Higher tax on branded food products dents competitiveness

Mamata renews appeal to Bengal Govt for coach factory in Singur

Striking the right chord

Looking back
Nov. 22-Nov. 28
Punjab National Bank scouts for acquisitions

Bond yields soften on renewed interest in G-Secs

Cover for occupants of insured car, pillion rider on two-wheeler

Overseas borrowing by cos increases in October

Banks turn to G-Secs as foreign capital inflows surge

Private insurers bet big on bancassurance

‘Outdated’ cheques delay vendor payments!

Cashless hospitalisation schemes come under tax net

Terror cover policies to pay for damage by security force actions too



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