The Hindu Business Line : Saturday, March 25, 2006

Rupee slips further
On Friday, the rupee continued to be weak against the US dollar due to the month-end demand and overall strength of the greenback. The currency opened at 44.60, six paise lower than Thursday's close. It touched a low of 44.6925 ... More

INSURANCE

ECGC unveils scheme to provide credit risk cover
To cover projects not enjoying reinsurance facility in India More

NBFCS

Onlending to small financiers clicks well for STFC
Sees Rs 1,500 cr biz potential More

GENERAL INSURANCE

FAPCCI meet on insurance detariffing
The Federation of Andhra Pradesh Chambers of Commerce and Industry (FAPCCI) is holding a daylong seminar on `Detariffing in Insurance - Issues and Challenges' here on Saturday. Addressing newspersons here, the former Chairman and Managing ... More

PUBLIC SECTOR BANKS

Core banking
FINDING SOLUTION: The Finance Minister, Mr P. Chidambaram, with the Indian Bank Chairman and Managing Director, Dr K.C. Chakrabarty, during the launch of Indian Bank's 501 Core Banking Solution operations, in Bangalore on Friday. ... More

GOVT BONDS

Bonds volatile
Bonds opened firm on the statement made by the Finance Minister that the central bank would intervene to manage liquidity next week. Prices opened about 15 paise higher from the previous close. But towards the second half of ... More

SHORT TERM INSTRUMENTS

Call rates fall; liquidity improves
Call rates were lower between 6.6 per cent and 6.8 per cent (6.90-7 per cent. Liquidity also improved. In the three-day reverse repo, under the liquidity adjustment facility, RBI accepted one bid, amounting to Rs 70 crore and ... More

SECURITISATION

Securitisation of assets: What it means?
Banks get more loanable funds More

FIXED DEPOSITS

KVB hikes deposit rates
Karur Vysya Bank has increased the interest rate on its domestic term deposits (including senior citizen deposits). The revision ranges between 25 and 125 basis points. While a two-week deposit does not earn any interest, the bank has increased ... More

MERGERS & ACQUISITIONS

RIL plans merged firms listing in July
The Court convened meetings of the equity shareholders of Reliance Capital Ltd and Reliance Capital Ventures Ltd (RCVL) have been scheduled for April 25 and April 26, respectively. Shareholders will meet to approve the scheme of amalgamation of ... More

ALLIANCES & JOINT VENTURES

APSFC ties up with LIC
The Andhra Pradesh State Financial Corporation (APSFC) has announced that it has entered into a strategic tie-up with the Life Insurance Corporation of India (LIC) for distribution of life insurance products on corporate agency ... More

CO-OPERATIVES

KSCB projects Rs 2,636-cr loan disbursals in 2006-07
Deposits projected at Rs 2,690 crore; Rs 2,655 cr mobilised More

PEOPLE

New CMD of Bank of Maharashtra
The Government of India, in consultation with Reserve Bank of India, has appointed Mr M.D. Mallya as Chairman and Managing Director, Bank of Maharashtra, for a period of five years. A press release by Oriental Bank of Commerce ... 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

IOC suffers revenue loss of Rs 1,700 cr in March

Forex reserves up by $2 b

ECGC unveils scheme to provide credit risk cover

`Refining capacity to touch 210 mt by 2012'

Securitisation of assets: What it means?

RPL to set up two SBMs at Jamnagar

In Focus

Infrastructure woes stare IT sector

IPO Scams