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MONEY & BANKING
DEBT MARKET:
Bond yields firm despite weakening oil prices
FII net outflows amounted to $351.1 million last week. Bond yields firmed up despite weakening oil prices on the back of unabated ...
FIXED DEPOSITS:
Bank of India hikes domestic term deposit rates
Bank of India hiked the interest rates on domestic rupee term deposits of maturity of one year to less than two years and two years to less than three yeas, between 25-35 basis points, with effect from August 4, 2008, said a press release from ...
FOREIGN BANKS:
Small, medium biz upbeat: HSBC study
Mumbai, Aug 3 Indian small and medium enterprises (SME’s) remain the most optimistic in terms of their economic outlook and employee recruitment among their Asian peers, according to a small business confidence survey by HSBC. ...
LIFE INSURANCE:
LIC to enhance agency base
Kolkata, Aug 3 The Life Insurance Corporation is aiming to boost its agency strength in the country by over 30 per cent this year by delegating power to its senior insurance agents to help recruit new ...
PUBLIC SECTOR BANKS:
Indian Bank to open 9 branches
BONUS ANNOUNCEMENTS:
Bank of Rajasthan to issue 1:5 bonus
PEOPLE:
New GM (Treasury) for SBH
PUBLIC SECTOR BANKS:
Chidambaram to meet PSB chief executives on Aug 13
The Finance Minister, Mr P. Chidambaram, is to meet chief executives of public sector banks here on August 13 to among other things review the performance of these banks during the recent ...
PEOPLE:
New GM for Syndicate Bank
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