Financial Daily from THE HINDU group of publications Wednesday, March 22, 2006 |
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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 convertibilityFull 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 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
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 bankingExpand investment banking services 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 In Focus Infrastructure woes stare IT sector IPO Scams FDI in retail sector Dynamic Tirupur Surging Sensex Gold scaling new highs
In Depth Gender Justice Simple Economics Tax Talk
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 |
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