The Hindu Business Line : Sunday, October 03, 2004

FOREX
Forex reserves swell by $410 m
INDIA'S forex reserves increased by $410 million to touch $118.769 billion during the week-ended September 24, 2004, against total reserves of $118.359 billion in the previous week, as per the latest RBI statistics. Analysts ascribed the rise ... More

CREDIT RATING
Crisil gives `P1+' for IndusInd
MUMBAI: The short-term fixed deposit programme of IndusInd Bank has been assigned a rating of `P1+' by Crisil, said a press release. The short-term debt programme of the bank had also been assigned the same rating earlier. "This is a ... More

CREDIT MARKET
Bank credit up Rs 7,810 cr
THE gross bank credit in the system surged by Rs 7,810 crore to touch Rs 9,19,250 crore as on the fortnight ended September 17, 2004, according to the Weekly Statistical Supplement (WSS) of the Reserve Bank of India. This is inclusive of food ... More

SHORT TERM INSTRUMENTS

T-Bills auction on Wednesday

CREDIT CARDS & DEBIT CARDS
Visa debit cards retail sales volume up 135 pc in first half
VISA debit cards' retail sales volume grew to $310 million for the first half of 2004. The volume represents usage of VISA debit cards to pay for purchases at point of sale; this witnessed a year on year growth of 135 per cent. The company ... More

FIXED DEPOSITS
SBT hikes NRE deposit rates
THIRUVANANTHAPURAM: State Bank of Travancore (SBT) has hiked the interest rates for NRE savings bank and term deposits with effect from October 1. According to a statement from the bank, the savings bank interest rate has been revised ... More

Cross Currency Rates

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Forex reserves swell by $410 m

Bank credit up Rs 7,810 cr

Edible oil imports likely to rise; record soya crop forecast

Looking back
Sep. 26-Oct. 2
IDBI to offer VRS

Voting rights: What's best for banks?

ABN-Amro finds pvt banking good business

Banks keen to offload NPAs to global funds

PSBs shaping up for bigger global push

`Proxy' war in bank turf

TCS, Wipro, Infosys in race for ABN Amro deal

IDFC to offer 30 pc of stake to public

Bankers divided over rate outlook