The Hindu Business Line : Monday, March 09, 2009

MONEY & BANKING

CONSUMER FINANCE: Dealers see car loan rejections declining
Carmakers partnering more public sector banks for financing. New Delhi, March 8 Car dealers are anticipating a lower rejection rates on car loans. This is because car makers are taking in multiple public sector banks as partners for auto ...

INVESTMENTS: Fixed income tools — for all seasons
If you are among those who manage to generate a small surplus every month after meeting all household expenses, then you are fortunate. In the current gloomy macro-economic scenario, whereby the country’s economic growth is cooling ...

INTEREST RATES: Productive sectors pay the highest interest
The sharply descending inflation curve of recent weeks is most encouraging. At just 3 per cent year-on-year, prices are actually falling on a month-to-month basis. The significant fall in growth in Q3 of 2008-09 has softened demand and was ...

INVESTMENTS: Planning for the future
An investment is the sacrifice of current luxury for future benefits. The individual’s economic well-being depends on how wisely one invests. After spending money for day-to-day requirements, one has to plan for long-term needs, wants ...

INVESTMENTS: Where to put the money
There is a golden rule that a salaried retail investor should follow whether the market is good or bad. Whatever may be the size of his or her portfolio, he or she should keep a minimum amount in the savings bank account. This could be at ...

INVESTMENTS: Guaranteed returns are back
Guaranteed return plans appear to be the flavour of the season. Life insurance companies are offering these products to lure risk-averse investors from parking their funds in safe havens such as fixed deposits. These insurance policies, in ...

INVESTMENTS: Insuring your bank deposits
What would your reaction be if the bank in which you put in your hard earned lifetime savings was to go belly up? Your world would come crashing around you. You would be shattered. However, if you are aware that the bank has insured ...

DEBT MARKET: Bond yields harden despite policy rate cuts, fall in inflation
Credit off-take slack; banks may trim deposit rates. Bangalore, March 8 Bond yields moved northwards despite the Reserve Bank of India’s (RBI) mid-week intervention in snipping ...

LIFE INSURANCE: 5 life insurers see dip in solvency ratio
Hyderabad, March 8 Five out of 18 life insurers in the country have suffered a dip in the solvency ratio, a key indicator of the financial health of a company, in 2007-08, compared with the ...

INTEREST RATES: UBI hikes FCNR, NRE deposit rates
United Bank of India has increased rates of interest on FCNR and NRE deposits effective from March 1, according to a press statement issued by the bank. For FCNR (B) deposits, the revised rates of interest on dollar deposits of various tenure are ...

HUMAN RESOURCES: South Indian Bank to raise staff strength
Thiruvananthapuram, March 8 As part of a five-year perspective plan to more than double the total business, the Thrissur-based South Indian Bank will increase the staff strength to 7,500 ...

GENERAL INSURANCE: Residents’ body offers dist-level health cover in Kerala
The Federation of Residents’ Associations of Thiruvananthapuram (FRAT) and United India Insurance have jointly devised a family insurance package that would extend health cover to all residents in the district aged between three months ...

NBFCS: Magma Shrachi repositions personal loans
Kolkata, March 8Owing to lack of demand for personal loans due to high interest rates and general slowdown of the economy, Magma Shrachi Finance Ltd has repositioned its personal loan product as SME (small and medium enterprises) loan, ...

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Markets (March 07)

Nifty (as on March 6)	2,620.15(+43.45)
US Dollar (Buy/Sell)	51.69/70
Brent crude (a bbl) Rs	2,295
Gold (a gram) Rs	1,416
Silver (a kg) Rs	23,955

Cross Currency Rates

In Focus
Who is hiring?

More

Other Top Stories
Photon Infotech cuts headcount, postpones IPO

Gold may resume uptrend; crude, copper set to move up

5 life insurers see dip in solvency ratio

Bond yields harden despite policy rate cuts, fall in inflation

‘Uninterrupted supply chain, the biggest challenge’

Looking back
Mar. 1-Mar. 7
RBI, Finance Ministry hold talks on G-20 meet

‘Customers can soon access credit history directly’

Tough times ahead for life insurers: IRDA

Banks see marginal rise in term credit to SMEs

IRFC plans to raise Rs 470 cr by month-end

Expedite restructuring of loans for diamond sector: Task force