Financial Daily from THE HINDU group of publications
Friday, March 17, 2006
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Financial Daily from THE HINDU group of publications Friday, March 17, 2006 |
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MONEY & BANKING FOREX 
Rupee rises vs dollarThe rupee moved up against the dollar on Thursday, tracking the movement of other major currencies. The home currency opened at 44.40, higher from Tuesday's close of 44.47/48. It, however, dipped during the day to end at ... More SOFTWARE Panama bank opts for Finacle Infosys Technologies Ltd said on Thursday that Banco Continental de Panama has selected universal banking solution, Finacle, to power its operations across Central America. The bank would be investing around $20 million over two ... More LIFE INSURANCE BSLI ties up with 5 co-ops Birla Sun Life Insurance (BSLI) has entered into bancassurance tie-ups with five cooperative banks. It has tied up with the Indian Mercantile Cooperative Bank in Lucknow, Krishna Mercantile in Bhopal, Thane Bharat Sahakari Bank, Nagaland State ... More PRIVATE BANKS 
Kotak aim: Integrated financial services conglomerateUday Kotak rules out demerger, separate listings More FOREIGN BANKS Deutsche to invest $75 m in Sical Deutsche Bank has entered into a `subscription agreement' with Sical Logistics Ltd (formerly, the logistics division of South India Corporation (Agencies) Ltd ) for investing $ 75 million in the foreign currency convertible bond issue of Sical ... More GOVT BONDS Banks go for reverse repo on surplus liquidity More
Bond prices up CREDIT MARKET Banks may surpass credit plan targets in AP 92 pc target achieved till Feb-end More
As cost of funds rises, banks hike lending rates SHORT TERM INSTRUMENTS Call rate closes 6-6.10 pc The call rate closed at 6-6.10 per cent (6-6.10). In the one-day reverse repo, under the Liquidity Adjustment Facility, RBI received and accepted one bid amounting to Rs 140 crore. In the second auction, RBI received 24 bids for ... More CREDIT CARDS & DEBIT CARDS 
ICICI Bank, Toyota launch co-branded cardToyota Kirloskar Motors today tied-up with ICICI Bank to launch a co-branded credit card offering special benefits to customers. "This will be another value addition for our customers in our efforts to boost sales and retain existing ... More FIXED DEPOSITS LVB hikes deposit rates Lakshmi Vilas Bank has announced a hike in domestic term deposit rates with effect from March 18. The new rates are 5.75 per cent (5 per cent) on 46-90 days deposits and 6 per cent (5.50 per cent) on 91-180 days deposits. For ... More OUTLOOK 
ING Group drafting new biz plan for IndiaTargets € 100 m in annual profits; to invest in products and branches More Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
Union Budget 2006-2007 Economic Survey 2005-2006 Pick a Winner Stock Market Contest
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 Mar. 5-Mar. 11 Body to track bank client servicing Private insurers cut 2-wheeler exposure Recap bond conversion to boost bank profits High cost of actuaries worries IRDA Service tax on ATM not to hit users Online banking usage picking up ING keen on pension foray, ready to wait `RBI will manage liquidity through range of tools' Forex reserves rise $1.5 b |
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