Financial Daily from THE HINDU group of publications
Sunday, March 17, 2002
Financial Daily from THE HINDU group of publications Sunday, March 17, 2002 |
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MONEY & BANKING FOREX Forex reserves up $692 m FOREX reserves continued to rise, gaining by around $692 million to $51.436 billion for the week ended March 8 as compared to $50.744 billion in the previous week. According to the Weekly Statistical Supplement (WSS) of RBI, foreign currency ... More NBFCS LGF: Good pick-up LAKSHMI General Finance recently slashed its interest rates across all tenures by 50 basis points in line with the general trend in the economy. Even at the current rates, LGF is a good investment option for an investor with a low-to-medium risk ... More HOUSING FINANCE Cheaper housing loans: Rewriting better than transfer HOUSE is the single largest investment most of us make in a lifetime. A number of people nowadays supplement their savings with a loan to buy a house. A housing loan is more affordable today than at any point in time. This is because the ... More LIFE INSURANCE HDFC Standard Life in two new cities HDFC Standard Life Insurance has launched its operations in Rajkot and Nagpur. In both the cities, the insurer will operate from the premises of its parent company, HDFC Ltd. HDFC Standard Life has also indicated that 60 per cent of its customer ... More
SBI Life-Sundaram Finance arrangement GENERAL INSURANCE Tata AIG to travel with Thomas Cook TATA AIG General Insurance has roped in Thomas Cook India to sell insurance products toeing overseas travel through the latter's wholly-owned subsidiary, India Alive Tours Ltd. Under this alliance, Thomas Cook will focus on providing ... More FOREIGN DIRECT INVESTMENT FDI in banking: Nowhere near Promised Land HOW much can foreigners invest in the country's private banks without the rigmarole of statutory approvals that goes by the quaint expression `automatic approval'? The common consensus is that it can be as much as 98 per cent of the total paid-up ... More RBI & OTHER CENTRAL BANKS Rs 3,446-cr rise in RBI advances to Centre Loans and advances provided by RBI to the Union Government in the form of ways and means advances (WMA) have increased by Rs 3,446 crore to Rs 4,819 crore as on March 8 as against Rs 1,373 crore in the previous week, as per the Weekly Statistical ... More
Nod for BoB Capital dealership REGULATORY BODIES & RULINGS IRDA sets limits on commission payments The IRDA has set limits on the payment of agency commission with respect to general insurance businesses that come under the purview of the Tariff Advisory Committee. After deliberations with general insurers on the issue and their responses to ... 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. 10-Mar. 16 Run on AP co-op bank Prudential Bank stops premature payments -- RBI steps in to avert liquidity crisis Oil refineries face hike in insurance premiums No hurry to cut Bank Rate: Jalan |
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