The Hindu Business Line : Tuesday, February 05, 2008

FOREX
Rupee falls on dollar buying
The rupee depreciated against the dollar on Monday on sustained dollar buying by foreign banks. The domestic currency opened at 39.34/35 and touched an intra-day low of 39.48. It finally closed the day at 39.45/46, against the previous close at ... More

INFORMATION TECHNOLOGY
Role of tech in banking highlighted
Mangalore, Feb. 4 Technology-aided banking products and services have changed the way the people do banking operations now, said Dr G.S. Rao, Founder Director and Member-Secretary of National Institute of Tourism and Hospitality Management, ... More

GENERAL INSURANCE
LIC forays into health insurance
First unit-linked product in the segment launched More

DEBT MARKET
Banks moving into long-dated papers
Big jump in investments at Rs 1.68 lakh crore More

HUMAN RESOURCES
South Indian Bank on hiring spree
Coimbatore, Feb. 4 The Kerala-based South Indian Bank is on a recruitment spree. The bank is not just looking to appoint specialist officers, but has also commenced a systematic succession plan.“A good number of SIB staff are ... More

INTEREST RATES
RBI decides to keep its powder dry
More

GOVT BONDS
Bond market dull ahead of auction
The bond market was dull ahead of the auction of Rs 9,000 crore worth government paper. Bond prices were down by about 18 paise in a market, which did not see much activity. On Friday, the RBI also announced auction of Rs 4,000 crore worth ... More

CREDIT MARKET
Banks see more credit growth overseas
Mumbai, Feb.4 Banks are seeing more growth in credit from their foreign operations thanks to the increased mergers and acquisitions by Indian corporates. This trend is likely to continue as corporates continue to raise money abroad and expand ... More

SHORT TERM INSTRUMENTS
Call rates tad higher
Call rates closed at slightly higher at 6.5-6.6 per cent against the previous close of 6-6.25 per cent. In the one-day auction under Liquidity Adjustment Facility, the RBI received and accepted 11 reverse repo bids for Rs 6,690 crore. There were ... More

FIXED DEPOSITS
BoR raises term deposit rates
More

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Cross Currency Rates

People's car

P-Note blues

Union Budget 2007-08

Railway Budget 2007-2008

Economic Survey 2006-2007

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Jan. 27-Feb. 2
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