The Hindu Business Line : Friday, May 14, 2004

REGIONAL RURAL BANKS
Canara Bank-sponsored RRBs do Rs 5,370-cr biz
THE public sector Canara Bank today announced that the total business of the eight Regional Rural Banks (RRB) sponsored by it increased to Rs 5,370 crore from Rs 4,737 crore during the financial year ending 2004, recording a growth rate of 13.99 ... More

FOREX
Spurt in remittances in Kerala
KOCHI: Consequent on the exchange rate liberalisation of the early nineties, remittances to the country from abroad have spurted handsomely. Taking a case study of Kerala, the Centre for Development Studies, Thruvananthapuram, has shown ... More

DEBT MARKET
Debt market players cautiously optimistic
PLAYERS in the debt market were cautiously optimistic on Thursday, as the Indian National Congress emerged as the single largest party. The markets on Thursday though volatile ended at Wednesday's closing levels with the daunting prospect of a ... More

PRIVATE BANKS

Karnataka Bank office shifted in Mangalore

PUBLIC SECTOR BANKS
Andhra Bank targets Rs 46,000-cr business
ANDHRA Bank has targeted a total business of Rs 46,000 crore for the current financial year, a growth of nearly 27 per cent over the Rs 36,324-crore posted for the financial year ended March 31, 2004. According to a bank release here on ... More

Canara Bank goes to campus

CREDIT CARDS & DEBIT CARDS
Citibank Olympic card
MUMBAI: Citibank hasannounced the launch of the limited edition Citibank Visa 2004 Olympic Card which can help card holders go to Athens. Card members who take up the card before July 15, 2004 can enter a slogan contest which will give ... More

Amex launches plan for mid-sized corporates
AMERICAN Express has launched of a plan for mid-sized South-based companies that is designed to help them bring down travel and entertainment expenses. American Express's press release said the plan is called the corporate card programme. ... More

Cross Currency Rates

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Looking back
May. 2-May. 8
Bonds jittery over volatile forex markets

Managing the capital flow bonanza

Second-rung corporates, SMEs rush for T-bills

SC judgment on Securitisation Act — Recovery follow-up to be tough for lenders

`Shift to euro is tough choice for exporters'

UCO Bank net profit doubles to Rs 435 cr

Corporates rush to forward cover as rupee plunges

Securitisation Act — Lender's right and liability