Financial Daily from THE HINDU group of publications
Monday, June 27, 2005
| Forex Rates | ||||||
|
Financial Daily from THE HINDU group of publications Monday, June 27, 2005 |
|
||||||||
|
|
|||||||||
|
MONEY & BANKING FOREX Stranded in the forex Standard S. Gopalakrishnan discusses a few illustrations based on AS 11 More INFORMATION TECHNOLOGY NCR to run cheque truncation pilot project NCR Corporation, a payment solutions business provider, has recently been selected for implementing the RBI's pilot project on image-based cheque clearing. The project is likely to commence in July and will cover 2,500 branches of 83 banks in ... More INSURANCE Punitive liabilities for data theft, loss — BPOs faced with higher insurance premiums "These are not asset-based bank guarantees but a form of insurance where the vendor pays a significantly higher premium, because these liabilities have no actuarial history." More GENERAL INSURANCE Transfer is sticky issue in insurance wage talks IT is the transfer and mobility issue that is holding up a wage settlement in public sector insurance companies. A new wage settlement has been due since August 2002. The managements of the four companies, represented by the General Insurance ... More DEBT MARKET 
Insurance cos' buying supports bond marketsBONDS remained steady last week and were largely not impacted by record oil prices in the international market. Traders said the buoyancy was mostly on account of the presence of life insurers and foreign institutional investors Insurers sold ... More FOREIGN DIRECT INVESTMENT Finance Ministry, RBI differ on FDI in asset reconstruction cos ARCIL is the only functioning ARC in the country at present. It is felt that a proper FDI framework might encourage more ARCs to start operations. More PRIVATE BANKS South Indian Bank plans more branches THE South Indian Bank plans to open branches in Bhopal, Indore, Shimla and in Assam shortly. "While extending our branch network we will also look for possible acquisitions in the North," the bank's Chairman and Chief Executive, Dr V.A. ... More
Karur Vysya targets Rs 5,500-cr advances PUBLIC SECTOR BANKS State Bank of Patiala's new service efforts TO enhance its customer service standards, State Bank of Patiala is launching two new business process re-engineering initiatives, Grahak Mitra and Drop Box. Grahak Mitra, stationed at branches, will provide the customers first level ... More FOREIGN BANKS StanChart India CEO STANDARD Chartered on Sunday announced the appointment of Mr Neeraj Swaroop as Chief Executive Officer of Indian operations. The bank also announced that Mr Jaspal Bindra, Regional General Manager, South Asia, had been appointed to the ... 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 Jun. 19-Jun. 25 Forex reserves fall $135 m Securities may see range-bound movement Indian Bank to defer IPO IOB chief raises growth target General insurers may opt for IPO route to raise capital Exim Bank, SBI may pick up stake in Ucal's US arm |
|
The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription Group Sites: The Hindu | Business Line | The Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home | Copyright © 2005, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line |