The Hindu Business Line : Monday, February 09, 2009

MONEY & BANKING

INSIGHT: Coping continuously, at Scope
The StanChart arm kept business going during the November crisis, with smart planning and execution.. Misfortune, they say, comes in waves. And so it was, in November 2008 — literally. Even as the rest of the country was grappling with ...

DEBT MARKET: Bond yields soften as inflation falls
Liquidity comfortable though FIIs continue to exit. Bangalore, Feb. 8 Bond yields softened slightly last week as inflation weakened, though Government borrowings ...

CREDIT MARKET: SBT loan schemes for small units
State Bank of Travancore has launched special loan schemes for micro, small and medium enterprises (MSMEs) sector at an interest rate of eight per cent. The concessional rate of interest will be available for existing units with limits up to Rs ...

GENERAL INSURANCE: Oriental Insurance to focus on motor, health policies
Coimbatore, Feb. 8 Oriental Insurance Company would concentrate on motor and health policies, while continuing to hold its fort in industrial fire and engineering covers, its Chairman and Managing Director, Mr M. ...

GENERAL INSURANCE: NIC to boost bancassurance biz
Kolkata, Feb. 8 The National Insurance Company is looking at increasing its focus on the bancassurance route as an alternative channel of business in 2009-10, Mr V. Ramasaamy, Chairman and Managing Director, NIC, said. Bancassurance is a mode ...

GENERAL INSURANCE: GIC plans to expand global biz
Mumbai, Feb 8 General Insurance Corporation of India (GIC Re) plans to expand its ...

NBFCS: FIDC seeks support for commercial vehicle funding
Chennai, Feb. 8 The Finance Industries Development Council (FIDC), which represents asset-financing NBFCs, had suggested support measures from banks to help them fund commercial ...

CREDIT MARKET: SIDBI opens specialised micro-finance branches
Mumbai, Feb. 8 Small Industries Development Bank of India, on Saturday, inaugurated seven specialised micro-finance branches in various centres across the country at Lucknow, Hyderabad, Chennai, Bangalore, Kolkata, Bhubaneswar and Guwahati, ...

RBI & OTHER CENTRAL BANKS: Investment climate: Perception versus reality
Even as the global economic and financial crisis shows no signs of abating and is instead spreading its tentacles to India and Kerala in the form of recruitment freezes and a return flow of emigrant labour from the Gulf region, ironically enough, ...

FINANCIAL MARKETS: Can private sector fuel revival?
The quarterly financial results of Indian manufacturing companies expectedly make gloomy reading. With the plunge in sales, the slide in performance in the last bit of 2008 has been precipitous. It is now clear that most of the corporate ...

EVENTS: Seminar on financial inclusion
A one-day seminar on ‘Financial inclusion: Issues and concerns’ will be held at Manipal on Monday. A press release said here that a number of senior bankers and academicians are expected to participate in the seminar. Jointly ...

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Nifty (as on Feb 6)	2,843.10(+63.05)
US Dollar (Buy/Sell)	48.68/69
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Cross Currency Rates

In Focus
Who is hiring?

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Other Top Stories
Tata Ryerson to commission Tada unit today

Bond yields soften as inflation falls

Stimulus package may boost copper prices

Study questions local benefits of MNCs’ clinical trials

Can private sector fuel revival?

Looking back
Feb. 1-Feb. 7
Asset price stabilisation first priority

IRDA to make more disclosures mandatory

Govt seeks higher dividends from PSBs, insurers

LIC to renew policies lapsed more than five years ago

‘Credit for exporters in foreign currency to be dearer’

‘India unlikely to get access to ADB’s soft loan window’

IRFC mops up Rs 5,400 cr at ‘slightly below 9%’