The Hindu Business Line : Monday, November 11, 2002

SBM plans to market insurance products
STATE Bank of Mysore (SBM) is planning to extend new financial services to its customers. These would include marketing of insurance products, distribution of mutual funds products and retailing of Government securities. The bank, according to ... More

Kerala Govt okays security scheme for NRKs
LIC has evolved six different schemes for the periodical payments taking into account the convenience and needs of the member customers. More

HUMAN RESOURCES

Banking on a different outlook
With Banking Services Recruitment Board being abolished in 2001, and the finance minister directing each bank to draw up its people profile, what are the options available for banks and how are they working out their HR profiles? More

RBI & OTHER CENTRAL BANKS

Soiled note exchange centre

PUBLIC SECTOR BANKS

Banks hint at provisioning for IFCI borrowings
PUBLIC sector banks have (PSBs) have indicated they would start making full provisions for support to IFCI. These provisions, banking sources said, would apply to outstanding borrowings made through flotation of bond issues by the IFCI as well ... More

NON-PERFORMING ASSETS

SBM seeks RBI nod to reveal defaulters
Equipped with powers under Section 13 of the Ordinance (Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest 2002), the bank has issued 150 notices this far to the wilful defaulters. The bank is seeking the ... More

CO-OPERATIVES

KSCB unveils Rs 250-cr scheme for rural tourism
KERALA State Cooperative Bank (KSCB), the apex co-operative bank in the State, has announced a Rs 250-crore scheme for developing tourist infrastructure in rural areas with the budget tourist in mind. Announcing this, Mr V. Aravindakshan, ... More

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Nov. 3-Nov. 9
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