Financial Daily from THE HINDU group of publications
Thursday, January 17, 2002
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Financial Daily from THE HINDU group of publications Thursday, January 17, 2002 |
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MONEY & BANKING FOREX Market yet to warm up to euro BANKERS say Indian exporters and traders are not warming to the euro yet. A little over a fortnight after its introduction in the physical form, invoicing in that currency does not seem to show any indication of picking up soon. The reason ... More
Re gains; gilts range-bound LIFE INSURANCE LIC premium income crosses Rs 10,000 cr LIFE Insurance Corporation (LIC) has crossed the Rs 10,000-crore mark in new premium income as on December 31, 2001. According to a top LIC official, by the end of the fiscal year, the corporation expected to touch Rs 15,000 crore in first ... More PUBLIC SECTOR BANKS Union Bank bonds fully subscribed MUMBAI: Union Bank of India's tier-II bond issue of Rs 170 crore, which opened on Wednesday, was fully subscribed within two hours of its opening, a bank press release said. The bonds, which carry a coupon rate of 9.30 per cent, have ... More CORPORATE BONDS Whirlpool debt rating NEW DELHI: Fitch Ratings India Pvt Ltd has assigned an in-principle rating of IND`AAA'(SO) rating to the Rs 125-crore non-convertible debenture programme of Whirlpool of India Ltd. The final rating will be awarded after the completion ... More NON-PERFORMING ASSETS Banks may `lose interest' in cos WOULD you believe it if you were told that four in every 10 companies in India are unable to make enough money to pay the interest on their borrowings? Are you incredulous? Some bankers too were surprised, when asked to comment on the results of ... More
PSU banks begin due diligence on FIs' assets EVENTS Corporatise to give banks bigger say in decision-making: Reddy Dr Reddy also felt that the time had come to take a hard look at the banks' access to call money. More Comments & Letters to the Editor to: bleditor@thehindu.co.in |
Top Stories In Depth Inside Kashmir Guide to derivatives US-64 Looking back Jan. 6-Jan. 12 General insurance cos plan to consolidate branches Strike of irrelevance Canara Bank IPO to follow results Gilt investments turn to gold for banks |
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