Financial Daily from THE HINDU group of publications
Monday, March 11, 2002
Financial Daily from THE HINDU group of publications Monday, March 11, 2002 |
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MONEY & BANKING FINANCIAL SERVICES Home Trade in the midst of rejig throes FINANCIAL services company Home Trade is in the middle of a restructuring exercise that has seen it shutting down a number of channels of its Web site, hometrade.com. The company has also ended its contracts with content vendors with a view to ... More FOREX Rupee may fall to 48.85 by month-end SPOT rupee traders have been kept busy since the Budget by good two-way intra-day moves. Indeed, on Friday alone, the rupee moved smoothly in a two-way fashion, recovering from 48.78 levels to strengthen by 5 paise before closing around 48.74. ... More DEBT MARKET State Govt loan offers likely to push up yields Only after the central bank spells out the credit policy, yields are expected to resume their trend. Given the policy announcement in the Budget permitting convertibility on non-resident deposits, reserve money expansion is likely to continue as the fundamental influencing factor in determining the course of yields. More
RBI & OTHER CENTRAL BANKS Enron put the skid on equity rally: BIS In the wake of the revelations about Enron, releases of financial statements in January and February by various firms in the US and Europe were often greeted by market-wide asset price declines. More PRIVATE BANKS PUBLIC SECTOR BANKS SBI plans to set up office in UAE STATE Bank of India is considering opening a representative office in the UAE to facilitate direct contact with the bank's large NRI clientele in the Gulf, and is planning to apply to the local authorities in this connection, according to the ... More NON-PERFORMING ASSETS SBT offers one-time settlement scheme STATE Bank of Travancore (SBT) has come out with an offer of one-time settlement of dues of its borrowers whose accounts have been classified as non-performing assets as on March 31, 1997. The offer is applicable to cases where the outstanding ... More Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
Top Stories In Depth Inside Kashmir Guide to derivatives US-64 Looking back Mar. 3-Mar. 9 Interest rates on relief bonds cut Bond yields trip on tame rate cut RBI norms for grant of NBFC demand loans RBI cuts repo rate to 6 per cent Significant rise in credit offtake SBI Life joins hands with Sundaram Fin IDBI may cut rate on Flexibonds PNB maiden issue at Rs 21 premium SBI kisan card turns FMCG golden goose |
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