THE HINDU BUSINESS LINE
Financial Daily
from THE HINDU group of publications

Tuesday, November 21, 2000

• AGRI-BUSINESS
• BANKING & FINANCE
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• CORPORATE
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Banking & Finance

Banking and Finance
Corpn Bank holds customer meet
CORPORATION Bank has conducted a zonal customers' meet covering its Udupi zone at the bank's corporate office here.

`Sentiment improves in gilts market'
SENTIMENT has improved in the Government securities market and traders have once again started taking positions, says Mr Arun Kaul, Managing Director of PNB Gilts. Mr Kaul, who was here in connection with a seminar on money markets, said that the positi on was quite bad during the first half of the year but confidence has since returned, he said.

Exchange house -- Canara Bank pact with Oman group
CANARA Bank has entered into an agreement with the Al Mirza group in Oman for opening an exchange house that will be managed by officers deputed by the bank.

Call rates may remain in single digits: I-Sec
CALL rates are expected to remain in single digits this week after ruling at over 10 per cent for the last two weeks, ICICI Securities (I-Sec) said in its weekly update on fixed income securities.



Vijaya Bank VRS by Dec
THE board of directors of Vijaya Bank has approved its voluntary retirement scheme (VRS). According to bank officials, the VRS package is expected to be functional by December.

SHCIL plans tie-up with co-op banks
STOCK Holding Corporation of India (SHCIL), the depository participant, will enter into strategic tie-ups and partnerships with co-operative banks across the country to straddle the business.

Insurance
Citizen Credit launches medical insurance
THE Mumbai-based Citizen Credit Co-operative Bank, Varishield Healthcare Ltd and National Insurance Company (NIC) have jointly launched a medical insurance product.


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