Financial Daily from THE HINDU group of publications
Monday, July 29, 2002
Financial Daily from THE HINDU group of publications Monday, July 29, 2002 |
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MONEY & BANKING FINANCIAL SERVICES FIPB rejects Srei IFL funds infusion plan THE proposal of Srei International Finance Ltd (Srei IFL) to increase its networth to Rs 50 crore through infusion of funds from foreign investor so as to upgrade the firm from a satellite dealer to a primary one has been rejected by the Foreign ... More FOREX Rupee set to break 48.65 against dollar THE rupee had yet another good week against the dollar and were it not for the sustained mopping up of the greenback from the markets by the usual suspects, there was a good chance the rupee would have closed higher. Dollar bulls against the ... More LIFE INSURANCE GMR Vasavi to hike stake in ING-Vysya Life THE GMR Vasavi group is expected to increase its stake in ING-Vysya Life Insurance Company Ltd. This follows the ING group's purchase of GMR stake in Vysya Bank last month. As a result of this change, the ING group had emerged as the largest ... More DEBT MARKET Conditions favourable for cut in rates A cut in the bank rate in the current environment is far more sustainable than it was say a couple of months back. Hence the probability of the RBI reducing the bank rate has suddenly increased quite significantly. More PRIVATE BANKS FIPB objects to ING hiking stake in Vysya — `Move breaches sectoral cap' DUTCH financial services major ING group's plan to increase its equity holding in Vysya Bank to 49 per cent through group outfit, Bank Brussels Lambert (BBL), has run into rough weather with the Foreign Investment Promotion Board (FIPB) raising ... More
Development Credit Bank mulls hike in FDI to 49 pc PUBLIC SECTOR BANKS State Bank of Bikaner & Jaipur Q1 net up 52 pc STATE Bank of Bikaner and Jaipur has reported a net profit of Rs 46.67 crore for the quarter ended June 30, 2002, against a net profit of Rs 30.70 crore during the same period last year, a 52 per cent growth. The bank has also registered a 33 ... More GOVT BONDS Short-term corporate securities evoke interest THE bond markets remained thin through the week. Some signs of a fall in yields, though was beginning to become evident on the back of an expansion in reserve money expansion. The ten-year yield to maturity (YTM) on a weighted average basis ... More Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
Top Stories In Depth Gender Justice Simple Economics Small Investor Looking back Jul. 21-Jul. 27 Re closes at 4½-month high Dollar: Still the king? UTI Bank told to probe failed merger with GTB UCO Bank finalising wilful defaulters list ATM sharing: New wave sweeping across industry RBI dividend even before auditors are through |
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