Financial Daily from THE HINDU group of publications
Wednesday, March 20, 2002
| Forex Rates March 19 (4.30 p.m. IST) | ||||||||||
|
Financial Daily from THE HINDU group of publications Wednesday, March 20, 2002 |
|
||||||||||||
|
|
|||||||||||||
|
MONEY & BANKING FOREX Rupee ends weak; gilts up Mumbai: THE rupee closed marginally weaker on Tuesday at 48.73/7350 against the dollar as compared to the previous close of 48.7125/7250 in the forex market. The currency opened at 48.71/72. Forex dealers said that demand and supplies remained ... More FINANCIAL MARKETS US economy & markets: Downside risk remains After all, the growth rate fell from six per cent to sub-zero levels in the space of just twelve months, with sharp losses in manufacturing and jobs. More PRIVATE BANKS FII investment in pvt banks outside 49 pc FDI limit THE Minister of State for Finance, Mr Balasaheb Vikhe Patil, told the Rajya Sabha on Tuesday that the portfolio investment by foreign institutional investors (FIIs) in the private sector banks would be outside the foreign direct investment (FDI) ... More PUBLIC SECTOR BANKS PNB sitting on `notional profit' of Rs 3,000 cr PUNJAB National Bank could have sold its bonds and booked profits of over Rs 3,000 crore, but it chose not to, keeping in view the need to protect future revenues. The bank's Chairman and Managing Director, Mr S.S. Kohli, told Business ... More
SBI management, officers stand-off hits TN customers FOREIGN BANKS `AAA(so)' for Citibank's MBS issue MUMBAI: The Credit Rating Information Services of India Ltd (Crisil) has assigned a `AAA(so)' rating to the issue of mortgage-backed pass through certificates (PTC) backed by mortgages originated by Citibank. This is the sixth rating ... More TRADE & LABOUR UNIONS Eighth bipartite wage settlement -- Bank TUs may not be ready with demands Though some bankers still feel that the industry-wise settlement is the best option available to them for resolving the myriad issues to be thrown up by the charters of demand of various unions, there are others who feel that industry-wise settlemen t should be replaced by bank-wise settlement. More
Banking to remain public utility service IPOS PNB not to divest in gilts arm THE Punjab National Bank (PNB) has ruled out any divestments in its securities trading subsidiary, PNB Gilts Ltd. Briefing presspersons here on Tuesday at the launch of the PNB's public issue, the Executive Director, Mr T.S. Narayanasami, said, ... More CO-OPERATIVES Expert committee begins probe into AP co-op banks THE high-level Expert Committee, appointed by the Andhra Pradesh Government to take up a comprehensive study and in-depth analysis of functioning of the urban cooperative banks in the State, has commenced its probe into various issues related to ... More
North Malabar bank plans 10 more branches NEW PRODUCTS & SERVICES 
HDFC Bank makes netbanking easier with new serviceHDFC Bank has launched a new online account aggregation service `OneView' that will enable its netbanking customers to take stock of the balances in their accounts across several banks all on one Web page. OneView is protected by ... 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 |
|
The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription Group Sites: The Hindu | Business Line | The Sportstar | Frontline | Home | Copyright © 2002, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line |