The Hindu Business Line : Tuesday, November 28, 2006

INSIGHT
Hand-holding may get NPAs performing
Economic wealth is perhaps being frittered away without any attempt to find out whether it can be reactivated to generate returns. More

FOREX
Rupee tad higher
The rupee gained by three paise on Monday on strong FII inflows. Dealers said rupee gains were trimmed following strong demand for dollars from oil companies. "Foreign banks and nationalised banks bought dollars leading to a fall ... More

Gitanjali Gems raises $110 m thru FCCB
Gitanjali Gems Ltd (GGL), a diamond and jewellery making company, has raised $110 million (approximately Rs 495 crore) through the issue of foreign currency convertible bonds (FCCBs). The FCCBs that mature on November 25, 2011, will be ... More

LIFE INSURANCE
Corpn Bank branch wins LIC award
Corporation Bank, Personal Banking Branch, Nampally, has become the first public sector bank to earn BIMA Bank award from the Life Insurance Corporation of India, South Central Zone, here. The award is in recognition of the ... More

GOVT BONDS
Bond yields hit 7-month low
Bond yields dropped by almost four basis points (prices have gained by around 32 paise), touching a seven-month low. The yield on the 10-year benchmark paper dropped to 7.38 per cent from 7.43 per cent on Friday on comfortable ... More

CREDIT MARKET
Corpn Bank ties up with India Post
In tune with intensifying its efforts to serve the rural community more effectively, Corporation Bank has initiated a process to sell its loan products in villages with the help of India Post. Corporation Bank, in association with India Post, ... More

SHORT TERM INSTRUMENTS
Call rates remain steady
Call rates remained the same between 6.1 per cent and 6.2 per cent. In the first one-day reverse repo auction under the LAF, the Reserve Bank of India received and accepted six bids for Rs 2,060 crore. There were no repo bids. In ... More

OUTLOOK
Banks need to build database fast: Experts
`Basel II is push to risk mitigation system' More

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Top Stories
Rubber contracts hit upper ceiling on NCDEX

Banks need to build database fast: Experts

Ghee, milk powder prices likely to remain firm

Employment conditions: Working more for less

Bharti, Wal-Mart may look beyond retail for talent

HPCL still open to LNG terminal project plan

Repugnance can be a real constraint on markets

Looking back
Nov. 19-Nov. 25
Insurers, mutual funds go for longs as oil prices dip

Canara Bank $250-m note issue gets fine pricing

Declined risk pool for motor cover hits roadblock

Is it end of the road for reverse repo?

6 States account for 50 pc of remittances

E-payments on the rise

75% of banks yet to budget funds for Basel II