Financial Daily from THE HINDU group of publications
Thursday, May 30, 2002
| Forex Rates May 29 (4.30 p.m. IST) | ||||||||||
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Financial Daily from THE HINDU group of publications Thursday, May 30, 2002 |
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MONEY & BANKING FINANCIAL SERVICES J P Morgan for trusteeship operations in India J P Morgan Chase, the international financial powerhouse, has proposed to set up trusteeship operations in India. It has already sent feelers to the Association of Mutual Funds in India (AMFI). While the association is yet to take a view on the ... More FOREX Re stays steady; bonds fall Mumbai: THE rupee continued its steady run on Wednesday ending at 48.9750/98 to a dollar as compared to its previous close of 48.98. Dealers said that the rupee had traded in the narrow band of 48.97-99 for most part. Credit Lyonannaise is said ... More
Chambers against extending FEMA clause deadline NBFCS Kotak Mahindra Fin okays amalgamation THE shareholders of Kotak Mahindra Finance Ltd (KMFL) have approved the scheme of amalgamation of Guldasta Investment & Trading Private Ltd, Mega Asset & Capital Management Private Ltd, Scope Holdings Private Ltd and Twilight Holdings Private Ltd ... More HOUSING FINANCE Funds hike stake in LIC Housing Fin INSTITUTIONAL investors, particularly FIIs, have made an entry into the LIC Housing Finance Ltd, when the stock price of the company has just started looking up. The stock which was around Rs 44 on January 1 gradually climbed up to register its ... More
HDFC to raise $250 m from overseas markets this year
HDFC plans post-dated cheque management centre in Chennai LIFE INSURANCE PRIVATE BANKS Bank of Maharashtra to lend more for infrastructure BANK of Maharashtra is targeting infrastructure projects, such as ports and expressway, for further credit expansion in the current fiscal. The traditional areas of retail credit expansion, which include housing and consumer loans, would also be ... More PUBLIC SECTOR BANKS 
UCO Bank net moves up to Rs 165 crUCO Bank recorded significant improvement in performance on all fronts in 2001-02. Briefing presspersons here on Wednesday, Mr V.P. Shetty, Chairman and Managing Director of the bank, said the net profit during the year amounted to Rs 165 crore ... More
FOREIGN BANKS 
ABN-Amro hopes to widen retail customer base to 20 lakhABN-Amro plans to achieve a retail customer base of around 20 lakh in the next 3-4 years from current levels of 2.5-4 lakhs. Speaking to presspersons here today, Mr Ramesh Sobti, Executive Vice-President and Country Representative, ABN-Amro ... More FINANCIAL INSTITUTIONS Kerala: SIDBI disbursements on the decline SIDBI's sanctions and disbursements in Kerala have shown a decline during the last fiscal from that of the previous year. As against total sanctions of Rs 698 crore for the year, disbursements stood at Rs 420 crore in 2001-02, compared to Rs ... More CREDIT CARDS & DEBIT CARDS Playing the right cards Youth are the latest bulls-eye for banks and companies which take the credit card route to growth, as MTV's and Times group's ventures with Citibank show. More NEW PRODUCTS & SERVICES Emirates Bank plans new NRI services EMIRATES Bank International PJSC of the Emirates Bank Group will offer a series of `Focused Services Offerings,' commencing with `me NRI' and `V NRI' for its large Indian customer base, in association with the ICICI Group of India. Mr Suresh ... More Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
Top Stories In Depth Gender Justice Simple Economics Guide to derivatives Looking back May. 19-May. 25 Forex reserves up $92 m at $55.71 b RBI bans physical deals with brokers LIC agent, a millionaire? Indian Bank posts net profit after six years SBI may announce second VRS |
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