Financial Daily from THE HINDU group of publications
Wednesday, March 22, 2006
Forex Rates
Forex Trends Euro |USD |Forex Report |


News
Features
Stocks
Shipping
Archives

Advt Links

Google

Subscription

Group Sites

MONEY & BANKING

BUYBACK


BoB to buy back housing fin arm stake
Bank of Baroda has decided to buy back the 32.89 per cent stake held by National Housing Bank in BOB Housing Finance Ltd. This move will make the housing finance subsidiary a 100 per cent owned subsidiary of the bank. BoB currently holds ... More

OUTSOURCING


SBT union opposes outsourcing move
State Bank of Travancore Staff Union (BEFI) has demanded that the Reserve Bank of India withdraw its circular allowing banks to outsource routine work to an outside agency on a commission basis. Outsourcing will seriously ... More

INSIGHT


The road to full convertibility
Full convertibility is a necessity that can inject high-octane fuel into the economy. It will secure the autonomy of the RBI in the management of monetary policy and interest rates. The RBI and the Government have an onerous task ahead but it will vo uchsafe India the trinity of equity, enterprise and economic growth, says G. RAMACHANDRAN. More

Asset prices worry RBI
`A central bank has no means of knowing if asset prices are indeed inflated. Its primary responsibility is to be vigilant about the health of the financial system'. More

FOREX


Capital account convertibility: What would it mean for you?
The Prime Minister's recent call to usher in full convertibility of the rupee, and the appointment of the second Tarapore Committee to prepare the roadmap for it throws the spotlight on the issue of full capital account convertibility once ... More

Rupee ends lower
The rupee ended lower against the US dollar because of FII selling in the domestic equity market, said dealers. The rupee opened at 44.35/36 and traded in the range of 44.35-44.38 for most of the day. It closed at 44.44, lower ... More

INSURANCE


`Insurance FDI cap hike vital for growth'
The Association of British Insurers (ABI) has said that the Indian Government's proposal to hike the insurance foreign direct investment (FDI) cap from 26 per cent to 49 per cent is vital for the growth of the Indian insurance ... More

CONSUMER FINANCE


Intel, MS in pact for affordable PCs
Intel India and Microsoft Corporation India have announced an `Affordability Alliance' to bridge the digital divide in India by creating affordable computing solutions and ensuring easy availability of affordable PCs across the country. The ... More

LIFE INSURANCE


LIC zone achieves target
The South Central zone of Life Insurance Corporation of India has announced that it has emerged as the first zone to achieve the target on all five counts in the pension & group schemes (P&GS) portfolio for the year 2005-06. More

CREDIT RATING


Crisil reaffirms MFI ratings in Krishna dist
Notwithstanding the decision of local administration of Krishna district in Andhra Pradesh to close down some branches of micro finance institutions (MFIs), Crisil has reaffirmed its ratings on the fixed deposit programmes of Share Microfin Ltd ... More

FINANCIAL MARKETS


`Financial markets catalyst to economy'
Offer womenfolk higher earning potential with big career opportunities More

PRIVATE BANKS


Osim plans HDFC Bank tie-up for consumer loans
To sign a Bollywood star to endorse the brand More

FINANCIAL INSTITUTIONS


Barclays to invest $70 m for corporate banking
Expand investment banking services More

IDFC, Feedback launches infrastructure initiative
To promote private-public partnerships in infrastructure More

GOVT BONDS


Securities rule firm
The bond market was positive today after the sudden gain on Monday. Volumes also improved as there were trading interest, said dealers. The market is hoping that government will increase spending, said a dealer with a private ... More

SHORT TERM INSTRUMENTS


Call rates still above 7 per cent
Call rates were still above 7 per cent as liquidity continued to be tight after the advance tax outflow. Call rates were around 7-7.25 per cent (7.25 per cent). However, there were talks that the State Bank of India was lending ... More

INTERVIEW


Forex instability, no; volatility, yes: Jalan
`Safeguards needed to protect economy' More

EVENTS


Seminar on bank audit at Kochi
The Ernakulam branch of the Institute of Chartered Accountants of India is organising a one-day seminar on bank audit here on Thursday. Mr N.R. Achan, Chairman and CEO, Catholic Syrian Bank, will inaugurate the seminar at Hotel ... More



Comments & Letters to the Editor to: bleditor@thehindu.co.in
Subscribe to: Business Line
Union Budget 2006-2007

Economic Survey 2005-2006


Pick a Winner Stock Market Contest

Top Stories
Barclays to invest $70 m for corporate banking


Reckitt Benckiser looking to bring in global brands

The road to full convertibility

Expert sees bullish outlook for base metals

Chipmaker SiRF buys TrueSpan

IDFC, Feedback launches infrastructure initiative

Asset prices worry RBI

Rotterdam port to help improve performance

In Focus

Infrastructure woes stare IT sector
IPO Scams
FDI in retail sector
Dynamic Tirupur
Surging Sensex
Gold scaling new highs
More

In Depth

Gender Justice
Simple Economics
Tax Talk
More

Looking back
Mar. 12-Mar. 18
Corporation Bank marks centenary with library

ICICI plans composite micro cover

Insurers stay away from bond markets

Tax breaks for co-op term deposits urged

`IMD redemption impacted liquidity'

`Mediclaim disputes on the rise'

Kotak aim: Integrated financial services conglomerate

Banks go for reverse repo on surplus liquidity



The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | Business Line | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright © 2006, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line