MONEY & BANKING
FOREX
`Startling' portion of India's new reserves in US treasuries
As recently reported, Indian financial institutions and the central bank have been investing heavily in US treasury securities. Total investment stood at close to $20 billion in February. Are there any patterns or trends in the investment by ...
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CREDIT POLICY
Macroeconomics behind the monetary policy
While inflation management does require the RBI to avoid excessive intervention and pumping in of liquidity, the external sector needs a cheaper rupee for sustainability and rising exports of goods and services. This conflict has to be resolved by a mix of fiscal and monetary actions, says S. VENKITARAMANAN.
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FINANCIAL PERFORMANCE
AP Grameena Vikas Bank posts Rs 15.49-cr net profit
The Andhra Pradesh Grameena Vikas Bank (APGVB), the largest regional rural bank (RRB) in the country sponsored by State Bank of India, has posted Rs 15.49-crore net profit in 2006-07, the first year of operation after its formation. The bank, ...
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LIFE INSURANCE
PG course in insurance
ICICI Prudential Life Insurance has launched a specialised course in management and insurance - Post Graduate Programme in Management and Insurance. This is a first of its kind programme in India that offers intensive training ...
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DEBT MARKET
Revised CRR, corporate redemptions put pressure on money markets
Liquidity remains tight; credit demand shows negative growth
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