Financial Daily from THE HINDU group of publications
Friday, May 17, 2002
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Financial Daily from THE HINDU group of publications Friday, May 17, 2002 |
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MONEY & BANKING FOREX Re touches new low; gilts choppy Mumbai: THE rupee slipped on Thursday to a new intra-day low of 49.07/08 against the dollar on the back of apprehensions over a possible retaliation by India against the recent terrorist attacks in Jammu. The rupee however, closed firmer ... More HOUSING FINANCE More banks to review rates in line with HDFC THE recent rate cut announced by HDFC has forced major players in the sector to review their rates. State Bank of India which took a review of the existing rates on Wednesday, however, decided not to cut the rates "immediately". A SBI official ... More PRIVATE BANKS Centurion Bank plans to automate ALM operations AFTER automating its treasury operations, Centurion Bank is now shopping for a software solution to handle its asset- liability management (ALM) activities. The bank is currently in talks with three solution vendors - ICICI Infotech, i-flex ... More
PUBLIC SECTOR BANKS ASSET MANAGEMENT COMPANIES Sun F&C plans 4 new schemes SUN F&C Asset Management (I) Pvt Ltd plans to increase its asset under management to Rs 1,300 crore from the current base of Rs 850 crore in a year's time through new schemes and deepening of existing ones, CEO, Mr Nikhil Khattau, said here on ... More GOVT BONDS SEBI bars Sheth, cos from market THE Securities and Exchange Board of India today barred the stockbroker, Mr Ketan Sheth, and his companies from the securities market until May 30. A SEBI release said that in view of the emergent situation in relation to the irregularities in ... More CO-OPERATIVES Bengal co-op banks unstained, says Minister THE West Bengal Minister for Cooperation, Mr N.N. Dey, has denied that the co-operative banks in the States have been affected by the current scam involving trading in Government securities. "Neither I nor my Ministry is aware of any ... More
`Regulators not to blame for scam'
Fears over closure of co-ops allayed
`Only 4 urban co-op banks involved in scam' PERFORMANCE TRENDS ATM spree: Street-corner banking is here to stay MANY bank customers have found the ideal of "street corner banking", if not "doorstep banking" come alive in the last two years. If you lived in the metros, you could not have walked more than a kilometre without bumping into the ubiquitous ... More
Handling money can be hazardous
No spurt in corporate credit, say banks 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 May. 5-May. 11 Western Union has big plans in money transfer sector Forex reserves rise $243 m Govt still undecided on separate regulator for urban co-op banks R. K. Talwar: A banker ahead of his times Maharashtra probing all co-operative banks 2 more co-op banks to be superseded Banks charge rates at monthly rests Big bucks come from corporate portfolios `Banking industry in peril, wages can wait' Commissioner of seamen PF to go -- DG Shipping lodges plaint with CBI |
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