![]() Financial Daily from THE HINDU group of publications 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 quarterCENTURION 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 banksSCOPE 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 Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
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Top Stories In Focus WTO - Hong Kong meet FDI in retail sector Dynamic Tirupur India Inc's overseas acquisitions Surging Sensex Gold scaling new highs
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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