The Hindu Business Line : Monday, June 24, 2002

Rupee may stay firm on lack of importer demand
Given the RBI's stand that it will not allow sharp movements either way, it now appears that 48.88 will be a good support for the dollar, with 48.85 as the outer boundary for any fresh rupee move. More

Weak equity markets likely to keep $ under pressure
A bigger question is that in an environment where equity markets are not giving any returns, how would this huge deficit get financed? There does not seem to be any immediate support for the dollar and it should continue to head lower across the boar d. More

PUBLIC SECTOR BANKS

FIs, banks seek ARF route for State-guaranteed loans
FINANCIAL institutions (FIs) and banks have proposed transferring overdues from State Government-guaranteed securities and loans to the asset reconstruction fund (ARF). The gross outstandings from such State Government-guaranteed securities and ... More

Union Bank CMS facility in 20 centres

GOVT BONDS

Mortgage-backed securities poised for growth
BOND yields remained flat during most of last week in extremely thin trading, despite the liquidity surge in the financial markets. Traders said that the bull charge had abated. The reason given was that most banks, the biggest players in the ... More

APSFC, SHCIL pact to sell GoI bonds
AIMED at turning itself into a multi-product provider in the financial services sector, the Andhra Pradesh State Financial Corporation Ltd (APSFC), has entered into a strategic alliance with the Stock Holding Corporation of India Ltd (SHCIL), the ... More

REGULATORY BODIES & RULINGS

IRDA emerges favourite as new pension regulator
WITH the strong backing of the Ministry of Finance, the Insurance Regulatory and Development Authority (IRDA) has emerged as the frontrunner for being nominated as the new regulator for the pension market. A decision on the body to regulate the ... More

CO-OPERATIVES

Urban co-operative banks — Turning the leadership around
FOR the urban co-operative movement in India, 2001-02 was as significant as 1992 was for the stock market. While in 1992 bank scams hit the stock market, in 2001-02 the stock market crisis knocked banks, particularly urban co-operative banks ... More

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Coimbatore mulls electronic auction of tea

Finance Ministry sticks to 9% rate on EPF deposits

IRDA emerges favourite as new pension regulator

Sweat for the vision to ignite billion souls, urges Kalam

Ports must anchor on low costs, efficiency

In Depth
Gender Justice

Simple Economics

Guide to derivatives

Looking back
Jun. 16-Jun. 22
Banks told to be merciless with wilful defaulters

GIC may transfer stake in 4 PSU insurers at par

Rabo bank to take off early next year -- To focus on growth sectors

VRS ... no way at LIC

Banks ride well in CARs

ING offers Rs 341 cr to hike Vysya stake to 44% — Deal with GMR at 98 pc over market price

PAN must for more bank transactions

Om Kotak Mahindra policy for kids