http://www.thehindubusinessline.com/ Business Daily from THE HINDU group of publications en-us Copyright 2009 The Hindu Business Line Thu, 12 Nov 2009 http://www.thehindubusinessline.com/bline.jpg http://www.thehindubusinessline.com/ 320 62 CRR & Bank Rates http://www.thehindubusinessline.com/2009/11/12/stories/2009111252111500.htm Corporate bonds are likely to become ‘repo-able’ in 2010, more than five years after this reform proposal was mooted, a top Finance Ministry official said here today. Thu, 12 Nov 2009 Life Insurance http://www.thehindubusinessline.com/2009/11/12/stories/2009111251700600.htm Hyderabad, Nov. 11 Life insurance companies may have to earmark certain provisions for policy lapsation soon. Thu, 12 Nov 2009 Financial Services http://www.thehindubusinessline.com/2009/11/12/stories/2009111251650600.htm Helsinki, Nov. 11 Nokia expects to be able to launch ‘Nokia Money’, its mobile payment service, in India, no sooner than the banks it is talking to for a partnership get approval from the Reserve Bank of Thu, 12 Nov 2009 Consumer Finance http://www.thehindubusinessline.com/2009/11/12/stories/2009111251610600.htm Thiruvananthapuram, Nov. 11 Mahindra FirstChoice Wheels, a multi-brand pre-owned car company from Mahindra and Mahindra, has tied up with Syndicate Bank to provide finance at an ‘industry-first’ 9 per cent. Thu, 12 Nov 2009 General Insurance http://www.thehindubusinessline.com/2009/11/12/stories/2009111251630600.htm Marsh, a global insurance solutions provider, is witnessing an increasing demand from its Indian corporate and private equity clients for ‘Reps and Warranties Insurance’ and ‘Tax opinion liability insurance’, according to Thu, 12 Nov 2009 Trade & Labour Unions http://www.thehindubusinessline.com/2009/11/12/stories/2009111251620600.htm New Delhi, Nov. 11 As many as four lakh officers and employees from the banking industry are to strike work on December 16 to protest against the proposed merger of State Bank of Indore with State Bank of India and other consolidation attempts Thu, 12 Nov 2009 Private Banks http://www.thehindubusinessline.com/2009/11/12/stories/2009111251690600.htm Mumbai, Nov. 11 ICICI Bank has entered into an agreement with Singapore Mercantile Exchange (SMX) to be a clearing and settlement banking member of the exchange. Thu, 12 Nov 2009 Fixed Deposits http://www.thehindubusinessline.com/2009/11/12/stories/2009111251640600.htm Mumbai: IDBI Bank has reduced deposit rates by 25-50 basis points across various maturities with effect from November 16, the bank said in a press release. For a deposit of one-two year tenor, the bank will pay an interest of 6.5 Thu, 12 Nov 2009