Financial Daily from THE HINDU group of publications
Thursday, January 26, 2006
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Financial Daily from THE HINDU group of publications Thursday, January 26, 2006 |
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MONEY & BANKING FINANCIAL SERVICES FPSB plans to certify 50,000 financial planners FINANCIAL Planning Standards Board (FPSB) has set a target of certifying 50,000 financial planners in the next couple of years. The Board, which also aspires to secure recognition from the regulatory agencies, feels that the target may well be ... More FOREX Rupee gains; call rates cross 8 pc MUMBAI: A day after the RBI announced a 25 basis point hike in reverse repo and repo rates, call rates soared to over 8 per cent on Wednesday due to liquidity tightness. It moved up to a high of 8.25 per cent and closed between 7.75 per ... More INSURANCE 
Indian Bank ties up with PNB Principal companies — Q3 net rises 65 pc to Rs 123 crINDIAN Bank will offer insurance advisory and financial management services in its branches. It has tied up with PNB Principal Insurance Advisory Co Pvt Ltd for offering insurance services to its customers and with PNB Principal Financial ... More FINANCIAL PERFORMANCE 
IOB net up 22 pc in Q3 on rise in advances, depositsINDIAN Overseas Bank posted a net profit of Rs 197.21 crore for the quarter ended December 31, 2005, a rise of over 22 per cent from Rs 161.21 crore in the year-ago quarter, due to rise in advances and deposits. The bank is also looking to ... More NBFCS NBFC licence cancelled HYDERABAD: Reserve Bank of India has announced that it has cancelled the certificate of registration granted to Chennakesava Finance and Investments Pvt Ltd, located at Ameerpet here, for carrying on the business of a non-banking financial ... More CONSUMER FINANCE Muthoot Fin's new schemes KOTTAYAM: Muthoot Finance will launch innovative schemes in its gold loan segment. The personal loan against gold security comes with a wide range of new futures and with the introduction of this, the customers could utilise the value ... More LIFE INSURANCE ICICI PruLife premium up 76 pc at Rs 588 cr ICICI Prudential Life Insurance has registered a 76 per cent growth in the third quarter of the current fiscal, taking its new business weighted premium to Rs 588 crore, up from Rs 335 crore in the corresponding period the previous year. Of ... More CREDIT RATING Corporation Bank signs pact for SME rating CORPORATION Bank and SMERA (SME Rating Agency of India Ltd) have signed a memorandum of understanding (MoU) to assign rating to SME clients of the bank. A bank release said here on Wednesday that the customers of the bank could get a SMERA ... More RBI & OTHER CENTRAL BANKS Foreign, pvt banks staff can now blow the whistle — RBI issues norms for `Protected Disclosure Scheme' As per the procedure outlined by the apex bank, the complaint should be sent in a closed envelope to the Department of Banking Supervision. More
Banks allowed to raise capital through innovative instruments PRIVATE BANKS Federal Bank in tie-up with Kotak Mahindra MF KOTAK Mahindra Mutual Fund has entered into a strategic tie-up with Federal Bank for distribution of Kotak Mahindra MF schemes. An agreement in this regard has been signed between Mr Sandesh Kirkire, CEO of Kotak Mutual Fund, and Mr M.M. ... More
CSB scheme for students PUBLIC SECTOR BANKS Pref. shares may change banking landscape THE Left parties' insistence on the Government retaining 51 per cent stake in public sector banks has prepared the ground for the introduction of preference shares as a source of capital for Indian banks. But funds mobilised through preference ... More
PNB signs pact with SIDBI
Finmart helps Dena Bank grow retail portfolio SHORT TERM INSTRUMENTS RBI cancels T-bill auction THE auction of the 182-day treasury bill was cancelled as the RBI rejected all the bids. Dealers said that the cut - off price was found to be very high. The notified amount was Rs 500 crore and the RBI received 19 competitive bids for Rs 628 ... More Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
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Looking back Jan. 15-Jan. 21 IMD funds from Gulf may move into mutual funds US-Iran stand-off, credit demand impact liquidity `Derivatives segment growing fast' Talks on renewal of treaties hit rough patch — No discounts, say reinsurers Committee asks SEBI to place depositories, DPs on high alert — Bank of Baroda, Andhra Bank follow-on offers `RTGS transactions to be free only till March 31' Indian holdings of US treasuries up $400 m in Nov Bank credit rises by Rs 20,771 cr Banks turn to Nabard, SIDBI, NHB for funds Forex reserves up $158 million |
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