The Hindu Business Line : Tuesday, April 17, 2007

INSIGHT
It may really pay to `Know your Bank' better
Know Your Customer is the mantra banks are chanting, but what of the ways of the banks? Does the average customer know the intricacies of banking operations? Banking has gone hi-tech, but that has not made bank operations transparent. Indeed, ... More

FOREX
9-yr high: Re ends at 41.90 on strong capital inflows
The rupee touched an intra-day high of 41.85 as was seen in June 1998. More

Rupee gain may hit exporters hard
The sharp appreciation of the rupee by over 5 per cent in the current year is expected to adversely impact the margins of most exporters. The rupee opened at 42.55/57 and closed at 41.90/91, stronger by about 60 paise against the previous ... More

FINANCIAL PERFORMANCE
Indiabulls Financial standalone net profit surges
It has reported a 209% increase for the fourth quarter More

HOUSING FINANCE
Lessons from the US sub-prime lending crisis
All eyes are directed at the US housing market afflicted with a meltdown in its sub-prime mortgage segment. With housing asset values having driven the US economy which, in turn, serves as locomotive for the rest of the world, fears are that this Ame rican disease could trigger a global epidemic of slowdown. The assumption is that the original problem is quintessentially American. If it is not, argue C.P. Chandrasekhar and Jayati Ghosh, the US experience can have lessons for countri es such as India. More

FINANCIAL MARKETS
FII party isn't about to stop any day soon
Rupee intervention over 11 months cost RBI Rs 6,000 cr More

PUBLIC SECTOR BANKS
FII holding in Indian Bank on the rise
Guess who is the second biggest shareholder in Indian Bank, after the President of India? It is the Government of Singapore. The Government of Singapore holds 2.55 per cent of the bank's shares. The Monetary Authority of Singapore (MAS), ... More

`Bulk deposits' by PSBs may come up for review
Public sector banks' move to raise bulk deposits at higher interest rates in March may come under Government scanner. A number of PSBs had gone in for such a strategy to tide over their fund crunch in the last quarter of the fiscal 2007-08. ... More

GOVT BONDS
Bond prices fall
Bond prices dropped by around 2 paise due to tight liquidity in the system. "The first phase of the CRR hike to 6.25 per cent came into effect on April 14, which has drained out the excess cash from the system," said a dealer at ... More

SHORT TERM INSTRUMENTS
Call rates end higher
Call rates closed higher on Monday at 9.50-10.50 per cent against the previous close of 5- 5.25 per cent. The Reserve Bank of India lent to banks Rs 13,815 crore through its repo window while banks parked Rs 220 crore under the ... More

FIXED DEPOSITS
SEBI caps mutual funds' exposure to short-term bank deposits at 15%
SEBI has capped mutual funds' exposure to short-term bank deposits at 15 per cent in order to ensure that the money they have collected are deployed in line with investment objectives. The regulator, which has referred to clause 8 of Schedule ... More

CO-OPERATIVES
Nabard renews call to trace big loans by State Co-op Bank
The State Government has been advised to expedite the inquiry recommended by the Chairman of the National Bank for Agriculture and Rural Development (Nabard) to investigate all big loans issued by the Kerala State Cooperative Bank (KSCB) over the ... More

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Top Stories
Rupee gain may hit exporters hard

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Looking back
Apr. 8-Apr. 14
Rising rupee has exporters worried, says study

Bonds go into a tailspin as traders press panic button

ABN Amro deepens micro-finance exposure

Hyundai Motor may bring auto finance arm to India

Insurers, MFs drive up coupon on bank bonds

Postal dept may tie up with HDFC for home loans

Crisil sees slowdown in credit growth

Life insurers unfazed by high interest rates

Banks stick to 2-year average maturity profile