Business Daily from THE HINDU group of publications
Wednesday, October 21, 2009
ePaper | Mobile/PDA Version | Audio | Blogs
Business Daily from THE HINDU group of publications Wednesday, October 21, 2009 ePaper | Mobile/PDA Version | Audio | Blogs |
|
|
|
|
|
MONEY & BANKING CRR & BANK RATES: RBI panel for replacing prime lending rate with base rate Move to make credit pricing more transparent. Mumbai, Oct. 20 The Benchmark Prime Lending Rate will soon be replaced with a base rate, once the Reserve Bank of India Working Group’s report on BPLR is implemented. The rate will include all ... TECHNICAL ANALYSIS: Rupee nears key resistance A deluge of overseas funds entering the capital market and unrelenting weakness in dollar made rupee strengthen and reach the peak of 45.8 last week. Foreign institutional investors have been largely responsible for the spike in stock prices and ... SHORT TERM INSTRUMENTS: Call rate ends lower The inter-bank call rate ended lower at 3.10-3.15 per cent on Tuesday, against the previous close of 3.20-3.30 per cent. Under the liquidity adjustment facility conducted by the Reserve Bank of India, there were no bids in the one-day repo ... NON-PERFORMING ASSETS: SBH profit rises 27%; net NPAs increase in Q2 Hyderabad, Oct. 20 State Bank of Hyderabad’s (SBH) net profit has increased 27 per cent at Rs 234 crore in the second quarter ended September 30, compared with Rs 185 crore in the ... FINANCIAL SERVICES: Muthoot Pappachan group launches card-based facilities Ropes in Axis Bank for payment service. Muthoot Pappachan Group, in association with Axis Bank, has launched Electronic Data Capturing (EDC) machines and Travel Currency cards at its 211 foreign ... FINANCIAL POLICY: Mixed reactions from bankers Bankers were cautious while reacting to the recommendation of the RBI Working Group on replacing the Benchmark Prime Lending Rate with a new base ... LIFE INSURANCE: Max New York aims at growth in new biz premium Agra (Uttar Pradesh), Oct. 20 Max New York Life Insurance is looking at a 20-30 per cent growth in new business premium for the current fiscal, said the Executive Director and COO, Mr Rajit Mehta, on ... FOREX: Re strengthens further Mumbai, Oct. 20 The rupee appreciated by 19 paise against the dollar on Tuesday, buoyed by the greenback’s weakness ... REGIONAL RURAL BANKS: AP Grameena bank to use IBM tech platform Hyderabad, Oct. 20 AP Grameena Vikas Bank (APGVB), sponsored by State Bank of India, has selected IBM’s hardware platform to run its core banking ... CRR & BANK RATES: There’s life beyond repo rates, CRR ‘Exit’ fever is gripping the RBI. It’s plainly uncomfortable with current monetary conditions — surplus liquidity in the banking system, low policy rates and lower ... LIFE INSURANCE: Postal Life Insurance ... Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
|
The Hindu Group:
Home | About Us | Copyright | Archives | Contacts | Subscription
Copyright © 2009, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line |
RSS Feeds