MONEY & BANKING
FARM CREDIT
Bird flu: Poultry sector seeks loan waiver
Incidence leading to distress sale of eggs: NECC
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INSIGHT
The moneylenders of Meloor
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FOREX
Rupee rises marginally
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GENERAL INSURANCE
Max New York's product launch
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PRIVATE BANKS
South Indian Bank opening more branches in TN
Coimbatore, March 11 The Adyar branch (Chennai) of the Kerala-based South Indian Bank, slated to be inaugurated on March 17, would take the total branch network of the bank to 496, besides making it the 100th branch in Tamil Nadu. The ...
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Karur Vysya Bank’s new services by June
Karur Vysya Bank Ltd will introduce two new services — door-step banking and quick cash remittance — by June.These services would be offered through 25 to 30 branches on a pilot basis, the bank Chairman, Mr P.T. Kuppuswamy, ...
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Yes Bank gets nod for QIP
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INTEREST RATES
Economy faces inflation, deficit woes
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GOVT BONDS
Bonds gain on good buying
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NON-PERFORMING ASSETS
Personal loans are now ‘no, no’ for banks
CAUTION THE WATCHWORD
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CREDIT MARKET
‘Problem still manageable’
Chennai, March 11 Rating agencies think there has been a slight deterioration in asset quality of banks – but the problem is still manageable. Mr Karthik Srinivasan, Head of Financial Sector Ratings, ICRA, said, “The ...
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Banks fixing stringent norms for personal loans
‘Higher provisioning makes product costlier leading to higher default’
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SHORT TERM INSTRUMENTS
Call rates close higher
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ALLIANCES & JOINT VENTURES
Federal Bank, Birla Sun Life tie up
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INCOME TAX
CAG says Tax Dept allowed banks to claim excess sums as bad debts
New Delhi, March 11 The Comptroller and Auditor General of India (CAG) has come down heavily on the revenue department for its faulty income-tax assessments of banks in as many as 46 cases, involving tax effect of a staggering Rs 1,719.78 ...
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VENTURE CAPITAL
IFMR Trust fund identifies areas of investment
New Delhi, March 11 IFMR Trust hopes to complete the first round of funding for its $150-million Network Enterprises Fund by June. The quantum of first round of funding would be about $50 million, according to Mr S.G. Anil Kumar, Senior ...
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