http://www.thehindubusinessline.com/ Business Daily from THE HINDU group of publications en-us Copyright 2009 The Hindu Business Line Wed, 25 Nov 2009 http://www.thehindubusinessline.com/bline.jpg http://www.thehindubusinessline.com/ 320 62 Govt Bonds http://www.thehindubusinessline.com/2009/11/25/stories/2009112550920600.htm Bangalore, Nov. 24 With foreign capital inflows picking up and loan growth remaining sluggish, banks are beginning to move more funds for investments in government paper, especially long-dated Wed, 25 Nov 2009 Credit Market http://www.thehindubusinessline.com/2009/11/25/stories/2009112551091700.htm Bangalore, Nov. 24 The Chairman and Managing Director of Syndicate Bank, Mr Basanth Seth, urged banks in the State to lend “small overdrafts” to holders of no-frill accounts. Wed, 25 Nov 2009 Technical Analysis http://www.thehindubusinessline.com/2009/11/25/stories/2009112550850600.htm Lacklustre movement in the domestic stock market coupled with strength in US dollar made the rupee decline to 46.8 against the greenback. Foreign institutions pulling out funds from equities over the last three sessions and month-end demand for Wed, 25 Nov 2009 Short Term Instruments http://www.thehindubusinessline.com/2009/11/25/stories/2009112550870600.htm The inter-bank call rate ended flat at 3.25-3.30 per cent. Under the liquidity adjustment facility conducted by the Reserve Bank of India, there were no bids in the one-day repo auction. In the reverse repo auction, there were 54 bids for Rs Wed, 25 Nov 2009 Public Sector Banks http://www.thehindubusinessline.com/2009/11/25/stories/2009112551321700.htm Pune, Nov.24 Punjab National Bank (PNB) plans to expand its network in Maharashtra and has sought RBI permission to add 11 branches to the existing 156 in the Wed, 25 Nov 2009 Co-operatives http://www.thehindubusinessline.com/2009/11/25/stories/2009112550120800.htm If there is one segment of the financial system that has proved remarkably responsive to policy changes, it is the urban co-operative banking (UCB) sector. Forty three years ago when UCBs were brought under the Banking Regulation Act of 1949 there Wed, 25 Nov 2009 Courts/Legal Issues http://www.thehindubusinessline.com/2009/11/25/stories/2009112551141700.htm The Tamil Nadu Money-lenders Act, 1957 is not applicable to cooperative societies registered under the TN Co-operative Societies Act, 1961, the Madras High Court has Wed, 25 Nov 2009 Financial Markets http://www.thehindubusinessline.com/2009/11/25/stories/2009112550190900.htm The International Monetary Fund (IMF) is one of those institutions defying any attempt at categorisation. Is it a regulatory authority, a service organisation, a financial supercop, an adviser, counsellor or mentor of member-countries, a promulgator Wed, 25 Nov 2009 General Insurance http://www.thehindubusinessline.com/2009/11/25/stories/2009112551991500.htm New Delhi, Nov. 24 Private insurers have adopted bancassurance in a much bigger way than the state-owned Life Insurance Corporation (LIC) in the recent years. Wed, 25 Nov 2009 Fixed Deposits http://www.thehindubusinessline.com/2009/11/25/stories/2009112550910600.htm Mumbai, Nov. 24 Bank of India on Tuesday said it is cutting the interest rate on deposits of some maturities by 25 basis points with effect from November 27. Wed, 25 Nov 2009 People http://www.thehindubusinessline.com/2009/11/25/stories/2009112550830600.htm Mumbai: Mr S.C. Kalia has taken charge as Executive Director of Union Bank of India, with immediate effect, according to an announcement on the Bombay Stock Exchange. Prior to the appointment, Mr Kalia was Executive Director, Wed, 25 Nov 2009 Corporate Bonds http://www.thehindubusinessline.com/2009/11/25/stories/2009112550890600.htm Mumbai, Nov. 24 Indian companies raised a total of $2.58 billion through overseas borrowing in October, according to the latest figures released by the Reserve Bank of Wed, 25 Nov 2009 Forex http://www.thehindubusinessline.com/2009/11/25/stories/2009112550900600.htm Mumbai, Nov. 24 The rupee gained by nine paise tracking the intra-day recovery made by the equities market. The rupee was tracking the Sensex and euro for major part of the day, said a forex dealer with a private Wed, 25 Nov 2009 Regulatory Bodies & Rulings http://www.thehindubusinessline.com/2009/11/25/stories/2009112550940600.htm Well, there’s actually one. He’s John Mack of Morgan Stanley, one of the world’s largest investment Wed, 25 Nov 2009