Financial Daily from THE HINDU group of publications
Wednesday, July 10, 2002
| Forex Rates July 9 (4.30 p.m. IST) | ||||||||||
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Financial Daily from THE HINDU group of publications Wednesday, July 10, 2002 |
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MONEY & BANKING FOREX Re firms up; gilts steady Mumbai: THE rupee closed firmer on Tuesday by around 3 paise at 48.79/7950 per dollar in a lacklustre forex market as compared to Monday's close of 48.8150/8200. Forex dealers said, that the market was largely devoid of any dollar demand and ... More GENERAL INSURANCE Surveyors want IRDA cap on business eased IRDA has stipulated that a surveyor can undertake work in a maximum of three departments out of the various segments. These include fire, engineering, motor, miscellaneous, marine cargo, marine hull and loss of profit. More CREDIT RATING FINANCIAL MARKETS Have US markets hit the bottom? A DISCONNECT has emerged between the performance of the US economy and its stock market. True, recent data have been mixed — housing has held up well, jobless claims are trending down, factory orders are up, inflation is benign and ... More RBI & OTHER CENTRAL BANKS Foreign co, NRIs allowed to open term deposit a/cs THE Reserve bank of India (RBI) has permitted authorised dealers to open term deposit accounts in favour of foreign firms with branches or offices in India and also for NRIs for a period of six months. It has been receiving requests from ... More NON-PERFORMING ASSETS NPAs continue to haunt banks THE bugbear of non-performing assets continue to haunt public sector banks. In fiscal 2001-02, twenty-four public sector banks added Rs 11,180 crore of gross non-performing loans. That was almost twice the profits of Rs 5,675 crore that the 24 ... More
CDR: All bark and no bite CREDIT CARDS & DEBIT CARDS StanChart adds more glitter to `Gold Card' STANDARD Chartered Bank has introduced a series of benefits and services on its `Gold Card' for all its new and existing card members. Standard Chartered and Standard Chartered and Grindlays Gold card members can now avail themselves of ... More INTERVIEW 
'Good scope for infrastructure funding'"If I may say, we have just taken out a bucketful of water from the ocean. Now that we have consolidated our position, we hope to accelerate the velocity and grow faster as a company," says Mr Hemant Kanoria, MD, Srei International Finance Ltd. 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 Jun. 30-Jul. 6 GTB net suffers 60 pc fall ING to hike stake in Vysya Bank to 49 pc Another package for IFCI likely Private insurers must give statutory cover: TAC Savings-linked products from general insurers? Will Mr Jaswant Singh end phone calls from Delhi? Govt to introduce put, call option in market borrowings Why can't banks get back to the basics? |
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