Business Daily from THE HINDU group of publications
Thursday, July 10, 2008
ePaper | Mobile/PDA Version | Audio
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Business Daily from THE HINDU group of publications Thursday, July 10, 2008 ePaper | Mobile/PDA Version | Audio |
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MONEY & BANKING CREDIT MARKET: Fresh farm loans yet to flow; recoveries tardy Banks waiting for completion of loan waiver process. Wardha, July 9 The recent mega farm loan waiver by the Union Government has led to discontentment among farmers who are regular in repaying their loans in places such as Vidarbha in ... 
PUBLIC SECTOR BANKS:
PSBs’ education loan sanctions at Rs 20,000 crStone laid for Indian Bank’s corporate office in Chennai. Chennai, July 9 The foundation stone for Indian Bank’s Rs 67-crore corporate office was, on Wednesday, laid by the Union Finance Minister, Mr P. Chidambaram. ... GOVT BONDS: Bond prices tad lower Bond prices fell slightly as traders continued to pare their positions in the market. Total traded volumes on the order matching system were at Rs 1,090 crore (Rs 3,915 crore). Market participants said that concerns about inflation continued to ... FOREX: Rupee up 15 paise The rupee closed higher by about 15 paise against the dollar on Wednesday as global oil prices eased and political instability seemed to have been addressed for now, said forex dealers. The gains in the Sensex also helped the rupee. The spot ... INSURANCE: IRDA nod for India Infoline The Mumbai-based broking firm India Infoline has received insurance broking licence from the insurance regulator IRDA. “Our life insurance distribution business has witnessed high growth rates, and has been built on strong foundations of ... FIXED DEPOSITS: DCB offers 149-day deposit SHORT TERM INSTRUMENTS: Call rates end lower FOREIGN BANKS: HSBC appointment HSBC Global Banking and Markets has announced the appointment of Mr Hitendra Dave as its Head of Global Markets, India, with immediate effect. He would be responsible for the growth of sales and trading, balance-sheet management and ... GENERAL INSURANCE: Iffco-Tokio General Q1 premium income up 34% New Delhi, July 9 Iffco-Tokio General Insurance Co Ltd is targeting 30 per cent growth in premium income this fiscal, much higher than the projected industry average of 12 per cent, its Managing Director and Chief Executive Officer, Mr S. ... INFORMATION TECHNOLOGY: Ariba in talks with insurers, banks Mumbai, July 9 Faced with pressure on profits due to rising interest charges, banks and financial services companies are looking at deploying spend management solutions to cut costs. Spend management can help banks, financial services and ... PUBLIC SECTOR BANKS: BoB to leverage customer base for growth Mangalore, July 9 Bank of Baroda, which has a customer base of around 30 million, is planning to make better use of the numbers for its growth. Using this base, the bank is planning to grow by more than 25 per cent each in SME (small and ... NBFCS: Financial statements of NBFCs — More responsibilities for the auditor The Diamond Jubilee Celebrations of the Institute of Chartered Accountants of India (ICAI) have begun in right earnest with an eclectic variety of programmes being conducted all over the country. The ICAI’s achievement in creating an elite ... OVERSEAS INVESTMENTS: Canara Bank branch in Shanghai Canara Bank has received the licence from the China Banking Regulatory Commission for opening a branch in Shanghai. Canara Bank opened its Representative Office in Shanghai in August 2005, a preparatory step for opening a branch.The Shanghai ... Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
Cross Currency Rates
Related Topics Radar: Resources elsewhere Food: Who pays the price (Video) ADB World Outlook 2008 ADB's Outlook on India Union Budget 2008-09 Railway Budget 2008-2009 Economic Survey 2007-2008 In Focus Ranbaxy-Daiichi deal People's car Other Top Stories VAS providers want ‘fair’ revenue sharing Anti-dumping probe on Chinese plastic initiated Price realisation of tea up on demand Nuclear deal: UPA could have handled it better MBO: Management or `managed' buyouts? Looking back Jun. 29-Jul. 5 South Indian Bank may offer 1:4 bonus Bond yields continue to rise on inflation, oil price hike Bancassurance contributes major chunk for private players SBI list of loan waiver beneficiaries completed Foreign investment pumped up reserves More banks hike lending, deposit rates Get IRDA approvals LIC Housing to pursue project finance focus |
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