![]() Financial Daily from THE HINDU group of publications Wednesday, February 01, 2006 |
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MONEY & BANKING INSIGHT Fed may water down language On Tuesday, an era in the US Federal Reserve came to an end. Mr Alan Greenspan, who has been the Fed's Chairman since 1987, retired. It coincided with the meeting of the Federal Open Market Committee (FOMC), which sets US interest rates. Even ... More FOREX Rupee firm; bond prices move up MUMBAI: The rupee was firm against the dollar on Tuesday due to good supplies related to the Holcim offer and more inflows expected with the Sensex inching close to the 10,000 mark, said dealers. On Tuesday, the rupee opened at 44.12/13 ... More LIFE INSURANCE MetLife cover for Deutsche Tax Saving Fund investors IN what probably is the first tie-up of its kind between two foreign outfits in India, Deutsche MF and MetLife Insurance have joined hands to provide a life cover to those who invest in Deutsche Tax Saving Fund. The asset management company ... More FINANCIAL MARKETS Rakesh Mohan allays fears of liquidity crunch DR Rakesh Mohan, Deputy Governor of RBI, allayed fears about the liquidity crunch and said there were instruments to ease it. "The injection mode is available through the Liquidity Adjustment Facility (LAF) and there are instruments to smoothen ... More PRIVATE BANKS UTI Bank opens branch in Anantapur dist HYDERABAD: UTI Bank has opened a new branch in Anantapur district, its first on Tuesday. Speaking at a function, Mr S. Chatterjee, Executive Director, said the bank has a network of 327 branches across the country. ... More CORPORATE BONDS Oil bonds being sold at heavy discounts FACED with under-recoveries and tight cash situation, oil companies have begun selling their holdings of special bonds placed with them by the Government. Sources said that this had driven the yield-to-maturity on these bonds close to 8 per ... More SECURITISATION
Final RBI norms on securitisation soonTHE Reserve Bank of India is likely to issue the final guidelines on securitisation by Thursday, said the Deputy Governor, Mr V. Leeladhar. The RBI had issued the draft guidelines in April 2005. Speaking at a seminar organised by the Indian ... More FIXED DEPOSITS Dena Bank hikes term deposit rates DENA Bank hiked interest rates on the domestic term deposits by 25-30 basis points on all maturity periods. The hike is effective from February 1, the bank said. Dena Bank is the first to hike deposit rates after RBI increased the reverse repo ... More Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
Top Stories In Focus Infrastructure woes stare IT sector IPO Scams FDI in retail sector Dynamic Tirupur Surging Sensex Gold scaling new highs
In Depth Gender Justice Simple Economics Tax Talk
Looking back Jan. 22-Jan. 28 Bond traders wait for monetary policy review for direction Deposits exempt from TDS on interest CBDT plans change in banks' reporting details Expect status quo in credit policy review Pref. shares may change banking landscape `India among fastest growing markets for Visa' India Infoline plans foray into investment banking Forex reserves down $66 m |
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