Financial Daily from THE HINDU group of publications
Wednesday, January 11, 2006
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Financial Daily from THE HINDU group of publications Wednesday, January 11, 2006 |
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MONEY & BANKING ACCIDENTS 
Fire damageThe burnt objects inside the Federal Bank headquarters at Aluva, near Kochi, on Tuesday. A fire broke out on the fourth floor of the `Federal Towers' in the early hours of Tuesday destroying property worth lakhs of rupees. The fourth floor was ... More FOREX Forex reserves cover 11-month imports INDIA'S forex reserves of $ 143.1 billion as of September 30, 2005 are adequate to meet 11.2 months' imports. In comparison, at the end of March 2005, forex reserves of $ 141.5 billion were adequate to meet 14.3 months' requirement, according to ... More
Rupee closes flat; bonds range-bound FINANCIAL PERFORMANCE 
HDFC Bank Q3 net up 31% on retail growthHDFC Bank has recorded a 31.3 per cent increase in its December 2005 quarter net profit at Rs 224.4 crore, from Rs 170.93 crore in the same quarter last year. The rise in profits was due to the increase in retail advances and other income. ... More NBFCS HC asks NBFC to go to appellate authority for justice The Bench said that there was no dispute in the fact that the cancellation of the certificate of registration was done in public interest, and therefore, the proviso was not mandatory. More PRIVATE BANKS ING Vysya's 100th ATM VISAKHAPATNAM: The 100th ATM of ING Vysya Bank was inaugurated here at Dwarakanagar on Tuesday by Mr L. Venugopala Reddy, the Vice-Chancellor of the Andhra University. Mr Micheal Zuidgeest, the head of distribution and marketing, retail ... More PUBLIC SECTOR BANKS Syndicate Bank board meet on Jan 18 BANGALORE: The board of directors of the public sector Syndicate Bank is meeting on January 18 to take on record the unaudited financial results. A bank release said that the board would also examine the proposal for an interim dividend ... More
BoB to take up review of subsidiaries soon INTEREST RATES US rate hikes near end? Two things make this a particularly nail-biting time for avid players. First, Mr Alan Greenspan exits his Chairmanship on January 31, but not before presiding over another meeting of the US interest rate - setting Federal Open Market Committee ... More CREDIT MARKET `Bank deposit, credit growth higher in Q2' BANKS have reported higher growth rates in both deposits and credit for the quarter ended September 2005, said the Reserve Bank of India in its quarterly statistics released on Tuesday. The top 100 `banked' centres reported higher growth rate ... More SHORT TERM INSTRUMENTS Call rates cross 7 pc BANKS on Tuesday borrowed Rs 24,520 crore from the RBI's repo window, fairly large amount in a single day, indicating tight liquidity in the system, money market dealers said. The liquidity crunch also sent inter-bank call rates soaring above 7 ... More
T-bills auction fully subscribed ALLIANCES & JOINT VENTURES 
Birla MF in pact with Bank of RajasthanBIRLA Mutual Fund signed a memorandum of understanding (MoU) with Bank of Rajasthan (BoR) here on Tuesday to market the Birla Mutual Fund's products through the bank's 425 branches. "We are positive that the tie-up will give us an opportunity ... More PEOPLE Tribute to Corpn Bank founder MANGALORE: The Corporation Bank Officers' Organisation (CBOO) will hold a function in memory of Haji Abdulla Saheb, the founder of Corporation Bank. A press release said that CBOO would pay tributes to Abdulla Saheb on January 14 at ... More
Canara Bank's Mangalore chief Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
Top Stories In Focus Surging Sensex Dynamic Tirupur Trends in IT - 2005 FDI in retail sector WTO - Hong Kong meet India Inc's overseas acquisition
In Depth Gender Justice Simple Economics Tax Talk
Looking back Jan. 1-Jan. 7 Forex down $5 b in April-September on valuation loss IMD redemption pressures liquidity A `disastrous' year for insurers `Mega insurance policies is the trend in energy sector' Wage hike unlikely to hit bottomline of PSU insurers — Second round of VRS for insurance staff on anvil IFC keen to invest in insurance sector Three banks plan public issue |
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