Financial Daily from THE HINDU group of publications
Friday, May 20, 2005
Financial Daily from THE HINDU group of publications Friday, May 20, 2005 |
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MONEY & BANKING INSURANCE Mortality bureau on the cards THE Life Insurance Council, representing life insurance companies, has joined hands with the Actuarial Society of India to float a joint venture `Mortality and Morbidity Investigation Bureau'. A memorandum of understanding to this effect was ... More
Non-life sector sees 13 pc growth FINANCIAL PERFORMANCE Tata AIG General PBT up 236% TATA AIG General Insurance has announced a profit before tax of Rs 24.4 crore for the year ended March 31, 2005, a 236 per cent growth from the earlier year's Rs 7.3 crore. The profit after tax was Rs 12.2 crore. The premium income at Rs 469 ... More
Strong retail growth helps Centurion Bank
SOFTWARE Canara Bank uses Polaris tool CHENNAI: Polaris Software Lab Ltd has announced that Canara Bank recently completed a rollout of a countrywide automation solution to scale up its cards operations to service more than five million potential cardholders from the present ... More LIFE INSURANCE Shriram group picks S. African partner for life insurance foray SHRIRAM City Union Finance, (SCUF) a non-banking finance company and a joint venture of the Shriram group and City Union Bank, will pick up stake in Shriram Life Insurance Company Ltd, the recently-formed life insurance venture of the ... More
GOVT BONDS Bonds bullish; rupee firms up MUMBAI: Bond prices rose by 40-80 paise across medium- to long-term papers as declining crude oil prices, which touched a low of $46.91 per barrel, eased concerns about domestic inflation. A dealer at a private bank said yields in the US ... More MERGERS & ACQUISITIONS 
ICICI Bank buys Russian bankICICI Bank has acquired a little-known bank in Russia with a single branch. The bank has purchased the entire paid-up capital of Investitsionno-Kreditny Bank (IKB) in Balabanovo in the Kaluga region with a branch in Moscow. The seven year-old IKB ... More INTERVIEW 
CIBIL database tops 20 m recordsRETAIL loans are booming at Indian banks. Given the 30 to 40 per cent loan growth that banks are registering, it would be difficult to verify each individual applicant's antecedents. This is where Credit Information Bureau helps banks, by ... More OUTLOOK To extend alliance to MFs THE South African insurance house, Sanlam and the Shriram group are likely to join hands for yet another venture — mutual funds. This was disclosed to Business Line by Ms Lize Lambrechts, CEO, Sanlam Life Insurance. Sanlam is ... More Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
Pick a Winner Stock Market Contest
Top Stories In Focus BHEL Disinvestment China's revaluation Dabhol power regenerated Tracking the rains Sethusamudram Canal Project India Inc's overseas acquisition
In Depth Gender Justice Simple Economics Tax Talk
Looking back May. 8-May. 14 Forex reserves fall $648 m on euro revaluation Debit card usage at point-of-sale rising Indian Bank IPO in H1 at `significant' premium Merger moves don't go far enough `Banks must recognise credit rating of SSIs by independent agencies' |
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