The Hindu Business Line : Wednesday, September 12, 2007

LIFE INSURANCE
Kotak Life plans more branches
Kochi, Sept. 11 In an attempt to develop Kerala market that accounts for 10 per cent of its business, Kotak Life Insurance is planning to open two more branches in the State by this month-end. The company is expecting a business of Rs ... More

CREDIT RATING
Banks need to tone up risk management
Right strategy must to sustain growth: S&P report More

RBI & OTHER CENTRAL BANKS
‘FCCB issuances this year slowing down’
Global market volatility, RBI curbs hurting: Bankers More

PUBLIC SECTOR BANKS
Brand premium for PSU banks
The brand value and distribution reach of Indian public sector banks are well known. These strengths have been well preserved over a period of time and have largely enabled them to retain their customer base through economic and business ... More

FINANCIAL INSTITUTIONS
IFCI continues upward march
FIIs keen on buying the stock More

INTEREST RATES
Fed moves close to rate cut
More

GOVT BONDS
Bond prices decline
More

GoM will discuss issue of bonds to fert sector
Subsidy component moves up to Rs 48,000 cr More

CREDIT MARKET
Bank loan growth hits lean patch
Corporate borrowing patterns continue to be source of worry More

Indian Bank keen on micro-credit
Indian Bank, the third-largest player in terms of financing of self-help groups (SHGs), has proposed to step up efforts to link more groups through micro-credit in the coming days.The bank, which has recorded a cumulative disbursement ... More

SHORT TERM INSTRUMENTS
Call ends at 6.05-6.15%
The inter-bank call rates closed at 6.05-6.15 per cent on Tuesday, against the previous close of 6-6.1 per cent. In the first reverse repo auction under Liquidity Adjustment Facility, the Reserve Bank of India received and accepted 22 bids for Rs ... More

CREDIT CARDS & DEBIT CARDS
Co-branded credit card for SMEs
New Delhi, Sept. 11 Citibank and IndianOil on Tuesday marked a decade of successful partnership with the launch of a new co-branded ‘IndianOil CitiBusiness’ credit card, which would be exclusively targeted at the small and medium ... More

FIXED DEPOSITS
OBC raises FCNR rates
Oriental Bank of Commerce (OBC) has revised interest rates on foreign currency non resident (FCNR) deposits on all maturities from one to five years in respect of US dollars, British Pound, Euro, Australian dollar and Canadian dollar denominated ... More