MONEY & BANKING
FARM CREDIT
Loan waiver: Indian Bank spots 1.25 lakh beneficiaries
Coimbatore, June 15 With hardly a week left for compiling the list of farmers eligible for the loan waiver under the scheme announced in the Budget, bankers seem to be working in shifts to complete the exercise. The Indian Bank ...
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Bankers’ panel in Kerala to monitor debt relief scheme
The State Level Bankers’ Committee (SLBC) in Kerala has formed a sub-committee to monitor the implementation of the Agricultural Debt Waiver and Debt Relief Scheme announced by the Union Finance Minister in his budget speech.The ...
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RBI & OTHER CENTRAL BANKS
RBI ‘pays’ Rs 169 for each dollar added to its forex kitty
It was only Rs 33.5 in 2007-08
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GOVT BONDS
Yield keeps rising as oil prices, inflation soar
Liquidity is tight; outlook stays bearish
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OVERSEAS INVESTMENTS
BoI opens branch in Glasgow
Bank of India has opened a branch in Glasgow, Scotland. According to a press release, Bank of India is the first Indian bank to set up a branch in Scotland. It has 10 branches in Europe and 27 branches and offices globally. The release said that ...
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TRADE & LABOUR UNIONS
Bank employees union seeks opportunity to join pension scheme
Our Bureau Tiruchi, June 15 The National Confederation of Bank Employees (NCBE) has urged the Centre to provide another opportunity for bank employees to join the pension scheme.Addressing the media here at the ...
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INTERVIEW
StanChart sees big growth in mid-market segment
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NEW PRODUCTS & SERVICES
Reliance Life plans new ULIP scheme
New Delhi, June 15 Bringing a type of ‘loyalty bonus’ feature into the ULIP space, Reliance Life Insurance plans to launch a plan, providing guaranteed additional contribution for policyholders during the policy ...
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