![]() Financial Daily from THE HINDU group of publications Thursday, November 03, 2005 |
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MONEY & BANKING REGIONAL RURAL BANKS 2,072 SHGs financed in AP HYDERABAD: Sree Anantha Grameena Bank, the Ananthapur-based regional rural bank sponsored by Syndicate Bank, has announced that it has financed 2,072 self-help groups (SHGs) on Wednesday to the tune of Rs 6.22 crore. In a press release ... More FOREX Exporters cancelling forward dollar cover Exporters hardly resorted to cancellation of their forward cover in the last two years when the rupee was gaining against the dollar. More
Rupee ends lower, bonds stay flat HOUSING FINANCE HDFC to hold home loan melas in Kerala HDFC is organising a mega home loan bonanza across the State on November 5 and 6, offering special rates and concession on fees. According to Mr C.V. Ignatius, General Manager, the offer will be valid throughout the State and three districts ... More CONSUMER FINANCE Muthoot Finance re-launches gold loan scheme MUTHOOT Finance (P) Ltd, the flagship company of the Rs 300-crore Muthoot Group, has re-launched its gold loan as `Gold Power' by describing it as lifestyle loan product. A personal loan against gold security, Gold Power is packed with ... More DEBT MARKET Rs 8,000-cr auction on Nov 8 THE Government today said that it would sell two bonds worth Rs 8,000 crore on November 8 under its regular market borrowing programme through the price-based auction method. The Reserve Bank of India will conduct the auction of 7.49 per cent ... More PUBLIC SECTOR BANKS New BoI products for small businesses TARGETING the small and medium enterprises sector, Bank of India has come out with two new products - Star Diamond Current Account and Star Gold Current Account - during its centenary year. The two new products are tailor-made to meet ... More FINANCIAL INSTITUTIONS AP to take Rs 50-cr equity in APSFC THE Andhra Pradesh Government will pick up Rs 50 crore equity in the AP State Financial Corporation (APSFC) to enable the Corporation offer loans at the lowest interest rates to the small-scale units. Announcing this here on Wednesday, the ... More SHORT TERM INSTRUMENTS T-bills auction fully subscribed THE auctions of the 91-day and 182-day Treasury Bills were fully subscribed, according to a press release from Reserve Bank of India. The notified amount for the 91-day T-Bill was Rs 2,000 crore of which Rs 1,500 crore is the Market ... More ALLIANCES & JOINT VENTURES StanChart, OBC in trade services pact STANDARD Chartered Bank has entered into a strategic tie-up termed as the `agency trade services agreement' with Oriental Bank of Commerce (OBC). The agreement envisages participation of Standard Chartered Bank in import letters of credit ... More Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
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Looking back Oct. 23-Oct. 29 Forex reserves rise by $82 m Centre may allow post offices to disburse credit in rural areas `Banks may need Rs 60,000 cr more capital' Chidambaram to convene meet of CMDs next month to discuss issue Intra-day short sales to improve liquidity in securities market `Sub-PLR lending to take a hit, short-term rates may rise' Banks see good biz in retail sale of gold coins Rupee: Will it defy global dollar upswing? |
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