Financial Daily from THE HINDU group of publications
Tuesday, September 23, 2003
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Financial Daily from THE HINDU group of publications Tuesday, September 23, 2003 |
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MONEY & BANKING COURTS/LEGAL ISSUES Madras HC Bench stays order on IOB staff dismissal THE First Bench of the Madras High Court has stayed the operation of the order of the single judge quashing the order of the management of the Indian Overseas Bank dismissing an employee on disciplinary grounds. The Bench, comprising the Chief ... More FOREX 
Rupee rides high on weak dollarAS the dollar took a beating against all major international currencies, the Indian rupee has made a dramatic recovery of 18 paise on Monday to close at Rs 45.75/76 against the dollar. The rupee had been losing strength all of last week following ... More INFORMATION TECHNOLOGY High investments, low utilisation — Bank-neutral ATM network in offing ALL the large banks in the country have begun working on setting up bank-neutral Automatic Teller Machine (ATM) network to maximise return on investments. Banking sources said that they have employed India Switch Company Ltd (ISCL) for the ... More INSURANCE Swiss Re moves IRDA to open branch — No takers so far for joint reinsurance venture plan ``Rs 200 crore capital is peanuts for a reinsurance company. Even double that is inadequate. What we need is a legal and regulatory framework that allows foreign reinsurance companies to operate in the Indian market by opening branches,'' Mr Dhananja y Date, Managing Director, Swiss Re India, says. More LIFE INSURANCE Corpn Bank meet on life insurance MANGALORE: Corporation Bank conducted a workshop on "Life insurance'' for its branch managers at the corporate office here on Monday. Inaugurating the workshop, the Manager of the Hyderabad zone of Life Insurance Corporation (LIC) of ... More DEBT MARKET 
Bond market quiet on liquidity concernsMUMBAI: It was day of subdued activity in the Government securities market on Monday with players expressing concern regarding liquidity in the system. The G-sec prices were seen falling by 10-15 paise with traded volumes at Rs 4,300 ... More
RIB redemptions may not impact liquidity PUBLIC SECTOR BANKS Corpn Bank in pact with Eicher CORPORATION Bank on Monday signed a memorandum of understanding with Eicher Ltd, the manufacturer of tractors, according to a release. Under the agreement, the bank will collaborate with Eicher for financing tractors to farmers. The agreement ... More EVENTS UAE Central Bank offers help in curbing money laundering FOLLOWING the successful implementation of stringent measures by the UAE in recent years to curb money laundering, the UAE Central Bank has offered to help developing market countries to set up the legal, regulatory and policing structures ... More Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
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Top Stories In Focus Cola Controversy The Cable tangle Indo-China Relations Telecom Competition Oil PSUs: Disinvestment dilemma In Depth In Kashmir Simple Economics Slowburn Tax Talk NRIs & Investment Avenues Corporate Governance Looking back Sep. 14-Sep. 20 Pvt insurers face rough terrain in countryside Rising dollar reserves of Asia — US has to mend its ways; trim deficit Interest rates on NRE deposits cut further Vijaya Bank prices issue at a premium of Rs 14 IOB issue gets 7 times more subscription PSBs eyeing `good' assets of FIs SC ruling may hit divestment of insurance cos Banks differ with RBI on housing loans |
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