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Monday, August 29, 2005
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MONEY & BANKING

DEBT MARKET


Yields set to harden on RBI signals
BONDS remained flat last week as traders remained cautious concerned over the likely inflationary pressure on account of spiralling crude prices in the global markets. Bankers said that oil companies were active during the week since most of ... More

INTERVIEW


Indian Bank keen to expand in East Asia
THE Executive Director of Indian Bank, Mr B. Sambamurthy, has sounded a bullish note on the bank's plans in East Asia. He was in Singapore in connection with the signing of an agreement for $100-million syndicated borrowing by the bank's ... More

CO-OPERATIVES


Kanakamahalakshmi co-op bank declares dividend
VISAKHAPATNAM: Kanakamahalakshmi Co-operative Bank here has declared 15 per cent dividend for 2004-2005. It was announced at the annual general meeting chaired by the Chairman, Mr P. Raghunadha Rao, here on Saturday. The bank earned net ... More

PEOPLE


Union Bank CMD is IIBF's new head
MR Cherian Varghese, Chairman and Managing Director, Union Bank of India, has been elected as the President of Indian Institute of Banking and Finance (IIBF) at its annual general meeting, said a press release from the bank. As part of its ... More



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Top Stories
No monsoon revival soon; South benefits from `break monsoon'


Wind is a powerful alternative

Oil Ministry not for price stabilisation fund — `Cess funds can be used to share subsidy burden'

'As mobile base grows, so does service tax kitty'

Yields set to harden on RBI signals

GAIL to begin drilling in Bengal basin in Oct

Tonnage tax boosts fleet strength — Outlook positive for shipping cos

In Focus

BHEL Disinvestment
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Sethusamudram Canal Project
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In Depth

Gender Justice
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Looking back
Aug. 21-Aug. 27
Bond yields seen soft for few more weeks

`Banking, financial services garner more funds from IPO'

Forex reserves rise $1.74 b

Pilot project for online motor claims processing under way

Rush for swapping as rates move up overseas — Banks to apply exposure norms on ECB refinancing

Banking system has entered the woods

Insurers need capital infusion as business grows — `Foreign partners resort to warehousing'


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