The Hindu Business Line : Wednesday, September 20, 2006

FINANCIAL SERVICES
CSB to launch VISA money transfer
Want to transfer money without paper work? Walk to a Catholic Syrian Bank (CSB) ATM, swipe your VISA card and transfer money through VISA money transfer. To be launched shortly, this facility will allow even non-customers transfer money within ... More

FOREX
Rupee gains due to dollar inflows
The rupee gained on Tuesday due to dollar inflows, though the range was limited to between 3-4 paise. It opened at around 46.12 and touched a high of 46.08, which was also the day's close. On Monday, the rupee ended at ... More

INSURANCE
Insurers may get leeway on tie-ups for micro products
More than one bank as partner for bancassurance likely More

LIFE INSURANCE
Aviva Life to sponsor 40 ball kids
Insurance companies are launching innovative marketing strategies. Aviva Life Insurance, as a part of its marketing initiative, has tied up with Globosport to sponsor 40 ball kids (kids who collect balls during tennis matches) ... More

DEBT MARKET
Bond prices continue to rally
Bond prices rallied by over 30 paise for the second consecutive day on Tuesday. Market participants expect the US Federal Reserve to pause the hike in interest rate cycle. "The market will watch for the Fed meeting tomorrow which ... More

RBI & OTHER CENTRAL BANKS
Forex reserves: Reddy for low-risk investments
`Lurking fear that capital flows may not be maintained' More

PUBLIC SECTOR BANKS
PSBs liquidating non-SLR investments
Stocks, PSU bonds, CPs and securitised instruments offloaded More

Holding limit reached in Andhra Bank
The aggregate foreign share holdings by FIIs, NRIs, PIOs in Andhra Bank has reached the limit of 18 per cent of its paid up capital. The RBI has notified that further purchases of equity shares on behalf of FIIs, NRIs and PIOs ... More

FINANCIAL INSTITUTIONS
Exim Bank sanctions Rs 180-cr line of credit to Dubai co ETA
For import of Maruti cars, Tata trucks, clinkers More

SHORT TERM INSTRUMENTS
Call rates up
Call rates were between 6.40 and 6.60 per cent against Monday's 6.25-6.35 per cent. "The call rates continue to increase on low liquidity in the system due to advance tax payments," said a dealer at a private bank. The liquidity ... More

TRADE & LABOUR UNIONS
ABOA unit office-bearers
The State Bank of Hyderabad (SBH) unit of Associate Banks Officers' Association (ABOA) has announced that Mr Peri Subba Rao has been elected Chairman of the body for the triennial period of 2006-09. Mr Peddi Sudhakar has been ... More

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Cross Currency Rates
Pick a Winner Stock Market Contest

Indian realty sector emerging global investors' choice: Survey

PSBs liquidating non-SLR investments

NTPC plans to treble capacity to 75,000 MW by 2017

`JK Tyres, Ceat, Birla to roll back tyre prices by 4-5 pc'

Lalu's miracle

ONGC to pay 200 pc final dividend, issue 1:2 bonus in Nov

Global players eye Indian dredging market

Looking back
Sep. 10-Sep. 16
PSBs to make good agri lending by co-op banks

Roadmap or rocky road?

`Look beyond the obvious, mine for the hidden jewels'

Bonds remain firm on weak oil prices

The bankrupt superpower

Banks do fine balancing on corporate advances

Forex reserves fall by over $1 b

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