Financial Daily from THE HINDU group of publications
Wednesday, September 18, 2002
| Forex Rates Sept. 17 (4.30 p.m. IST) | ||||||||||
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Financial Daily from THE HINDU group of publications Wednesday, September 18, 2002 |
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MONEY & BANKING REGIONAL RURAL BANKS Staff will help rehabilitate RRBs, says union THE Central Executive Committee of the Bharatiya Mazdoor Sangh-affiliated All-India Gramya Bank Officers' Organisation (AIGBOO) and the All-India Gramya Bank Workers' Organisation (AIGBWO), which met at Cuttack over the past two days, has opposed ... More FOREX Rupee stable; gilts rise Mumbai: THE rupee closed steady on Tuesday at 48.41/42 against the dollar as compared to Monday's close of 48.41/4150 in the forex market. The market was very dull with the currency range-bound and dollar supplies only moderate as compared to ... More NBFCS Cholamandalam disbursements up 68 per cent CHOLAMANDALAM Investment and Finance Company Ltd's loan disbursements in the first five months of the current year have increased 68 per cent to around Rs 400 crore. "This is the fifth year in a row when our disbursements have risen more than 65 ... More GENERAL INSURANCE Plea for compassionate employment KOCHI: The General Insurance Officers All India Association's (GIOAIA) Kerala unit has urged the General Insurers Public Sector Association to review its decision to stop all appointments on compassionate grounds. Mr P.P. Mohanan, State ... More RBI & OTHER CENTRAL BANKS RBI argues for public investment THE RBI has taken the bull by the horns. Its latest annual report contains a lot of indirect advice to Government on the dangers of according overriding importance to the fiscal deficit. In doing so, the RBI has clearly distanced itself from ... More PRIVATE BANKS No policy focus on FII stake in banks With Government going slow on legislation to bring down its stake in banks to 33 per cent, the major players will continue to languish under New Delhi's rule. More PUBLIC SECTOR BANKS Andhra Bank to promote 600 more clerks IN order that its counters are "manned by empowered people" and to give its employees higher incomes and social status, the Andhra Bank intends to promote 600 more clerks as officers, the bank's Chairman and Managing Director, Mr B. Vasanthan ... More ASSET MANAGEMENT COMPANIES NON-PERFORMING ASSETS 
Big fish defaults sink banksA HANDFUL of big fishes in the troubled waters of non-performing assets (NPAs) of public sector banks have gobbled up big money. According to figures available with the Ministry of Finance, high-value defaults exceeding dues of Rs 5 crore each ... More CREDIT CARDS & DEBIT CARDS 
Visa targets 50-m debit cards in India by 2010VISA said it plans to issue 50 million Visa Electron debit cards in the country by the 2010. Of the total 3.3 million debit cards in the Indian market, Visa accounts for 2.5 million, according to Mr James G Murray, Executive Vice-President, ... More CUSTOMER RELATIONSHIP MANAGEMENT Don't bank on e-speed IN an age where `business is done at the speed of thought', information travels really fast, except may be in some banks in this country famous for its `measured' pace! Here, it appears, the information gap is sometimes gaping. Consider this ... More Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
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Top Stories In Depth Gender Justice Simple Economics Small Investor Looking back Sep. 8-Sep. 14 LIC to replace New Bima Nivesh Asset recast co alone will not do to resolve NPAs, says IMF Co-op banks in Gujarat — A crumbling edifice Experiment in LAB unsuccessful `Scope for banks to cut lending rates further' RBI directs Global Trust to change auditors Much at stake for Govt in IFCI bail-out |
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