Financial Daily from THE HINDU group of publications
Tuesday, March 12, 2002
| Forex Rates March 11 (4.30 p.m. IST) | ||||||||||
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Financial Daily from THE HINDU group of publications Tuesday, March 12, 2002 |
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MONEY & BANKING FINANCIAL SERVICES I-Caps ties up with Bombay Bazaar MUMBAI: ICICI Capital Services Ltd (I-Caps) has tied up with Bombay Bazaar, a supermarket chain here, to distribute financial products of the ICICI group. According to a release from I-Caps, ICICI customers can access this 170-outlet ... More FOREX Rupee firm; gilts volatile MUMBAI: THE rupee ended at 48.74/75 against the dollar on Monday, almost unchanged from the previous level of 48.74/7450 in the forex market. After opening at 48.7450/7550, the currency slipped to an intra-day low of 48.7625 on account of ... More LIFE INSURANCE PNB gears for insurance PUNJAB National Bank (PNB) is all set to enter the insurance sector within the next six months. The bank has already put in place a strategic partnership with Zurich Financial Services, DCM Shriram and Vijaya Bank. The proposed equity ... More GENERAL INSURANCE 
ING Group open to raising stake in Vysya BankTHE Netherlands-based ING Group is planning to have about 3 billion euro as assets in India in the next 10 years. Speaking to newspersons, the Chairman of the Executive Board, ING Group, Mr Ewald Kist, said that the group was open to increasing ... More
Thomas Cook arm is Tata-AIG agent CREDIT RATING `AAA' rating for Reliance Industries NEW DELHI: Fitch Ratings India has affirmed the `AAA' debt rating of Reliance Industries Ltd (RIL) following the announcement of the merger of Reliance Petroleum Ltd with RIL. The rating agency has put the `Ind AA +' debt rating of ... More
ICRA retains rating for Parasrampuria PUBLIC SECTOR BANKS SBI staff join stir against disciplinary action THE officers and award staff of State Bank of India (Tamil Nadu Circle) have resorted to an agitation, condemning the Circle management's "offensive" against its staff. While the officers began the agitation a week back, the award staff numbering ... More INTEREST RATES Reduced rates on export credit extended THE Reserve Bank of India on Monday said that reduced interest rates for rupee export credit would continue till September 30, 2002. Thus, the reduction in the ceiling of interest rates charged by scheduled commercial banks on pre-shipment and ... More
IDBI cuts rate on Flexibonds EVENTS `Coin mela' in Coimbatore COIMBATORE: State Bank of India, Coimbatore (Main) is organising a `coin mela' on March 14 and 15. The basic purpose of the mela is to suck out the mutilated notes that are now in circulation, in exchange for coins in the one, two and ... More CO-OPERATIVES Prudential Bank stops premature payments -- RBI steps in to avert liquidity crisis Senior RBI officials advised the management not to entertain premature closure of deposits, to prevent the bank from slipping into a liquidity crisis, the Chairman, Mr Boorugu Muralidhar, said. 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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