The Hindu Business Line : Friday, February 13, 2009

MONEY & BANKING

PUBLIC SECTOR BANKS: More car makers partner PSU banks for finance
Move to push sales with attractive interest rates. Mumbai/New Delhi, Feb. 12 With car sales showing signs of revival, more car manufacturers are signing up with public sector banks for attractive rates of interest to push ...

INSIGHT: The RBI: Down memory lane
In the recent period, there have been two books on the Reserve Bank of India (RBI) on behind the scene chronicles from an individual’s vantage point. First is Reminiscences of a Central Banker by V. G. Pendharkar . The ...

RBI & OTHER CENTRAL BANKS: RBI sets up task force for diamond industry
‘Lower rates on post-shipment credit will help’. Mumbai, Feb. 12 The diamond trade, currently reeling under the impact of global slowdown in demand, may get some concessions from the banking sector in a month’s ...

PUBLIC SECTOR BANKS: SBI reaching out to remote customers
Money transfer through business correspondents. Mumbai, Feb. 12 State Bank of India (SBI), India’s biggest bank, is seeking to leverage technology so that the underprivileged can remit funds to their near and dear ones in the remotest ...

INTERVIEW: Tata Capital NCD proceeds for retail, SME lending
Chennai, Feb. 12 After a long hiatus, non-convertible debentures (NCD) for retail investors have once again hit the market. The NCD, issued by Tata Capital, a subsidiary of Tata Sons, has evoked considerable interest, given the lack of ...

FOREX: Rupee depreciation increases Tata Comm’s indebtedness
New Delhi, Feb. 12 Depreciation of the rupee since April 2008 has resulted in an increase in Tata Communication’s indebtedness by about Rs 500 crore. This has been disclosed by the Department of Telecom in a proposal considering ...

TRADE & LABOUR UNIONS: SBI associate bank staff to strike on Feb 17
New Delhi, Feb. 12 Consolidation blues continue to afflict the unions of state-owned ...

GENERAL INSURANCE: Oriental Insurance partners MyTVS
New Delhi, Feb. 12 Oriental Insurance Co has tied up with MyTVS, a multi brand car service solution provider, for offering its customers emergency roadside services. The agreement will cover Oriental Insurance’s 15 lakh ...

NBFCS: LKP Finance announces buyback plan
Mumbai, Feb. 12 LKP Finance has announced a buyback plan setting a maximum price of Rs ...

TRADE & LABOUR UNIONS: RBI staff union’s call for protest
Kolkata, Feb. 12 The United Forum of Reserve Bank Officers and Employees has called upon the RBI employees and officers all over the country to observe mass casual leave on February ...

PUBLIC SECTOR BANKS: Corporation Bank-Tata Motors' pact
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