MONEY & BANKING
DEBT MARKET
Yields soften as pressure on liquidity eases
Trade volumes improve as life insurers switch portfolios
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CREDIT MARKET
Banks urge Govt to restore tax waiver on infrastructure investments
They say removal of such a cut would discourage investments
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Scheduled banks in AP to aid self-help groups
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Banks disburse Rs 374 crore in Wayanad
Banks in Wayanad have disbursed Rs 374 crore under the priority sector during the first half of 2006-07. Out of this, Rs 318 crore was disbursed to the agricultural sector, Rs 3 crore to SSI and Rs 53 crore to other priority sectors, a press ...
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FIXED DEPOSITS
TMB's new deposit scheme
Tamilnad Mercantile Bank (TMB) has introduced a new deposit scheme called `Time Double' in which double the amount invested will be paid back after a specific term. The amount will be doubled after 8 years and 3 days for the ...
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Karnataka Bank raises rates on deposits
Karnataka Bank Ltd has announced increase in interest rate for domestic term deposits of 181 days to 364 days with effect from January 1. A bank release said here that this hike in interest rate is applicable to all fresh ...
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PEOPLE
Kamath, GM, Corporation Bank
Mr M. Damodar Kamath, who was on deputation as Chief Vigilance Officer in Indian Bank, has been promoted as General Manager of Corporation Bank with effect from January 3. A bank release said here that Mr Kamath has been on ...
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