Financial Daily from THE HINDU group of publications
Friday, February 01, 2002
| Forex Rates Jan. 31 (4.30 p.m. IST) | ||||||||||
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Financial Daily from THE HINDU group of publications Friday, February 01, 2002 |
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MONEY & BANKING FOREX Rupee range-bound; securities decline MUMBAI: THE rupee closed almost unchanged on Thursday from the previous level of 48.5250/53 against the dollar in a range-bound forex market. It opened weaker at 48.54/56 and slipped to an intra-day low of 48.59, before recovering to end at ... More HOUSING FINANCE Dhanalakshmi Bank home loan scheme KOCHI: Dhanalakshmi Bank has launched a home loan scheme — Dhanam platinum jubilee home loan advantage. The loan amount, fixed at Rs 20 lakh for the urban/metro centres and Rs 10 lakh in other areas, is tailored to extend ready ... More LIFE INSURANCE Insure, be secure is the tinsel town motto TINSEL town is lending glamour to the staid life insurance business. Quite a few of its stars are either insuring themselves for large sums, or as actor Naseerudin Shah did recently, choosing to endorse insurance products. Southern superstar ... More GENERAL INSURANCE IFFCO-Tokio to tie up with KSFC IFFCO-TOKIO Marine Insurance Company plans to tie up with the State-owned finance facilitator, Karnataka State Finance Corporation (KSFC), to provide risk cover to industrial enterprises in the State. This is likely to be the first such tie-up ... More PRIVATE BANKS IndusInd Bank to give treasury more leeway INDUSIND Bank proposes to give its treasury department more operational freedom so that the full profit-earning potential of the operations is realised, the Chairman, Mr Bhaskar Ghose, told Business Line on Thursday. In the first nine ... More
Karnataka Bank net up 112 pc PUBLIC SECTOR BANKS Vijaya Bank mulls IPO for housing arm VIJAYA Bank is likely to take its fledgling housing finance subsidiary, Vijaya Bank Housing Finance Ltd, to an initial public offer in its bid to part-divest its stake in the firm, the Chairman, Mr S. Gopalakrishnan, has said. However, "we have ... More
Union Bank net spurts 77 pc
IOB net grows 12 pc to Rs 45 cr FOREIGN BANKS Deutsche Bank set to launch AMC DEUTSCHE Bank is all set to flag off an asset management venture in India. Armed with an authorisation from the securities regulator, which came a few weeks ago, the bank is today looking at capitalising its mutual fund business. It is also ... More FINANCIAL INSTITUTIONS Bajaj Auto not keen on selling ICICI stake BAJAJ Auto (BAL), which holds a sizable equity stake in ICICI Ltd, has not officially informed the financial institution of any intent to dilute its shareholding. BAL, which picked up a five per cent equity stake in ICICI a couple of years ago, ... More
Canbank Factors turnover rises ALLIANCES & JOINT VENTURES ICICI Bank, MasterCard join hands ICICI Bank and MasterCard International on Thursday jointly launched the `ICICI Bank MasterCard' credit cards in India. With this, the bank will launch a range of MasterCard credit card programmes, including the Gold and Standard cards. The ... 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. 20-Jan. 26 AMP Sanmar takes the field with Steve Waugh Cabinet nod for repeal of banking service Act -- Full say for banks in recruitment SBI to recruit IT pros once arm gets okay Corporate lending norms for PDs tightened |
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