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Friday, January 13, 2006
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MONEY & BANKING

FARM CREDIT


PSBs courted on farm loans — Private, foreign banks behind targets
This year, foreign and private sector banks have reportedly refined their buy-out offers and have sought ready forward deals on surplus farm loans. More

INSIGHT


Down memory lane
It's the golden jubilee of LIC... a time to recall the swiftness and secrecy surrounding the nationalisation of the country's insurance business, 50 years ago. More

FOREX


Rupee gains; bonds flat
MUMBAI: The rupee substantially appreciated against the greenback on Thursday on the back of inflows as well as negative dollar sentiment. Call rates continued to be above 7 per cent as liquidity remained tight. The domestic currency ... More

FINANCIAL PERFORMANCE


Centurion Bank of Punjab earns Rs 23-cr net in third quarter
CENTURION Bank of Punjab recorded net profit of Rs 23.27 crore for the quarter ended December 31, helped by an increase in retail advances. However, the results could not be compared to the year-ago period as the bank's numbers for this quarter ... More

PRIVATE BANKS


ICICI offers home banking service in Kochi
ICICI Bank has introduced Bank@Home service in Kochi to enable customers to make banking transactions from home. The facility available in Kochi and Thiruvananathapuram will soon be extended to Thrissur and ... More

PUBLIC SECTOR BANKS


PNB extends festival offer in TN
CHENNAI: Punjab National Bank has extended its festival offer for Tamil Nadu up to January 31. The offer is a 0.5 percentage point reduction in interest rate of all loans contracted during the period — except home loans, where the ... More

NON-PERFORMING ASSETS


`DRT is without presiding officer for two years'
The Tribunal has been without a permanent Presiding Officer (PO) for more than two years now. Due to the absence of a permanent PO to hold forte and conduct proceedings on a day-to-day basis, the operations have been brought to a near halt. ... More

MERGERS & ACQUISITIONS


Ganesh Bank merger moves draw flak
THE proposed merger of Ganesh Bank of Kurundwad with a private sector bank has come under attack. Besides questioning the haste with which the Reserve Bank of India has finalised the amalgamation scheme, the All India Bank Employees' ... More

CORPORATE GOVERNANCE


New obligations on PSBs
PUBLIC Sector Banks have had a chequered history ever since the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970 and the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1980 came into effect. While the ... More

ALLIANCES & JOINT VENTURES


Scope, Cambridge Integrated tie up to offer 'knowledge services' for banks
SCOPE International, a 100-per cent subsidiary of Standard Chartered Bank, UK, has formed a "knowledge partnership" with Cambridge Integrated Services, the business process outsourcing (BPO) arm of Scandent Solution Corporation. Both would ... More



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Top Stories
Biotech crops make inroads globally


Modernisation of airports by AAI will be okay, says Left

Volvo may bag another order for 25 buses

Indirect tax collections up 15.73 pc in April-December

SEBI unearths another IPO scam in IDFC

PSBs courted on farm loans — Private, foreign banks behind targets

Wheat prices gallop on tight supply — Govt confident of tackling the situation

Outlook for precious metals price seen positive

In Focus

WTO - Hong Kong meet
FDI in retail sector
Dynamic Tirupur
India Inc's overseas acquisitions
Surging Sensex
Gold scaling new highs
More

In Depth

Gender Justice
Simple Economics
Tax Talk
More

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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