|
|
MONEY & BANKING
FOREX:
Rupee gains 3% to close at 47.90
Mumbai, May 18 The rupee appreciated by three per cent or Rs 1.53 on Monday to 47.90 to the dollar, tracking huge gains in the domestic equity ...
INVESTMENTS:
Market surge: Little time for banks to tap opportunity
Treasury heads hopeful that market momentum will continue. Mumbai, May 18 “It (equity market) just opened and closed. There was absolutely no scope for us to react to the fleeting ‘opportunity’. It was a surreal experience. All ...
CONSUMER FINANCE:
Nano loans: SBI may account for 50% of total bookings
Kolkata, May 18 State Bank of India might account for almost 50 per cent of the total loan bookings made for the small car Nano and is hopeful of disbursing loans worth Rs 900 crore, according to the bank’s Chief General Manager, ...
INSIGHT:
Perilous state of the dollar
The US dollar is bearing the brunt of the blame as critics reemerge to vilify its position as the world’s reserve currency. Concerns about many aspects of the US economy have resurfaced following the unprecedented financial commitments made ...
DEBT MARKET:
Trading volumes surge in G-secs
Trading volumes in the Government securities market spurted to Rs 17,720 crore on Monday (as against Rs 12,165 crore last Friday) on expectations that the new government will not only be stable but also unveil progressive economic policies. Yield ...
INFORMATION TECHNOLOGY:
Banks must pass on cost-benefit from tech to customers, says RBI Governor
The Reserve Bank of India Governor, Dr D. Subbarao, has said that banks must pass on the cost-benefits from technology-based products and services ...
PRIVATE BANKS:
Damage control
...
INFORMATION TECHNOLOGY:
IDRBT developing interoperable standards for banks
Hyderabad, May 18 The Institute for Development and Research in Banking Technology (IDRBT), an arm of the RBI, is developing common and interoperable standards for all banks in ...
SHORT TERM INSTRUMENTS:
Call rates end down
...
FINANCIAL PERFORMANCE:
Deutsche Postbank Home Fin net up 72% in 2008-09
Deutsche Postbank Home Finance Ltd (DPHFL) has reported a net profit of Rs 44.38 crore for the year ended March 31, ...
PEOPLE:
Baroda L&G Life names CEO & MD
...
DEBT MARKET:
Centre hikes borrowing size for 2 forthcoming auctions
The Finance Ministry has decided to increase the size of its planned borrowing from Rs 12,000 crore to Rs 15,000 crore in each of the two auctions scheduled to be held during May ...
Comments & Letters to the Editor to: bleditor@thehindu.co.in
Subscribe to: Business Line
|
|
RSS Feeds