The Hindu Business Line : Friday, January 18, 2008

FINANCIAL SERVICES
Open up financial services more: UK
India must open up its financial services more than what it is currently, the visiting UK Minister of State for Trade and Investment, Lord Digby Jones, has said.To keep the trade in balance in the coming years, Mr Jones sees the need ... More

INSIGHT
Managing capital inflows the Chilean way
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FOREX
RBI intervenes; rupee steady
The rupee was almost unchanged against the dollar on Thursday as the Reserve Bank of India continued to rein in the appreciating domestic currency. The home currency opened at 39.30/32 and touched an intra day low of 39.35. It then appreciated to ... More

INFORMATION TECHNOLOGY
New tools to promote rural banking
Coimbatore, Jan. 17 To facilitate banking convenience to the rural populace, FINO (Financial Information Network and Operations Ltd) has unveiled micro finance tools and products such as Loan Origination System (LOS) and Micro Deposit Machine ... More

FINANCIAL PERFORMANCE
Capital gains from share sale lift IDBI Q3 net 39%
Plans to increase retail, SME lending as margins are squeezed More

SBH net rises 37% in Q3
Hyderabad, Jan. 17 State Bank of Hyderabad (SBH) appears to be moving fast on the merger path with its parent bank, State Bank of India and a final picture is expected on January 25, when the SBH board is scheduled to meet. The bank ... More

EDUCATION
NIIT launches banking, finance courses
The NIIT has tied up with Institute of Finance Banking and Insurance (IFBI), Indian Institutes of Management (IIMs) and ICICI Bank to offer job-oriented courses in banking and finance.Mr Smarajit Dey, President (Strategic Initiatives), ... More

GENERAL INSURANCE
Rating doctors: A win-win for patients, insurance cos
More

PRIVATE BANKS
Karnataka Bank's 415th branch
More

PUBLIC SECTOR BANKS
State Bank of Mysore’s stock split plan on hold
Equity floats of other SBI associates also on hold More

INTEREST RATES
‘India can withstand impact of US rate cut’
New Delhi, Jan. 17 The Union Finance Minister, Mr P. Chidambaram, today said that interest rates cut in the US would affect India but the India’s high exports to other countries, including China and Japan, would insulate it from any ... More

SHORT TERM INSTRUMENTS
Call rates flat
Call rates ended flat at 6-6.05 per cent against the previous close. In the first one-day reverse repo auction under the liquidity adjustment facility, the Reserve Bank of India received and accepted 29 bids for Rs 39,725 crore. There was no repo ... More

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Cross Currency Rates

People's car

P-Note blues

Union Budget 2007-08

Railway Budget 2007-2008

Economic Survey 2006-2007

Other Top Stories
New co for providing advisory services likely

Future Group to sell apartments thru retail formats

‘SEBI to deal with specific provisions on corporate governance for listed cos’

Centre approves Rs 530 cr for interest waiver on farm loans

Capital gains from share sale lift IDBI Q3 net 39%

Allahabad HC exempts UP sugar mills from paying interim price

Reliance Energy Q3 profit up 50% on tax credit

TCS cautious on US scenario

Looking back
Jan. 6-Jan. 12
Yields soften on fund inflows, low credit off-take

PSB chiefs confident of meeting profit target

IRDA asks insurers to promote term policies

Central banks succeed in easing liquidity

‘Banks have to balance biz growth, tech changes’

Reinsurance treaty terms likely to be tougher

Nasscom, ICICI Bank float closed-ended fund