Financial Daily from THE HINDU group of publications
Thursday, August 01, 2002
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Financial Daily from THE HINDU group of publications Thursday, August 01, 2002 |
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MONEY & BANKING FOREX Re strengthens; gilts bullish Mumbai: THE rupee closed marginally stronger on Wednesday at 48.66 per dollar as against Tuesday's close of 48.69 in a dull forex market. The domestic unit opened at 48.68/69, but strengthened on account of long dollar liquidation by foreign ... More NBFCS Tata Fin net loss at Rs 9.76 cr TATA Finance has registered a net loss of Rs 9.76 crore for the first quarter ended June 30,2002. The company has changed its accounting year from July - June to April - March. Consequently, the quarter April-June 2001 was the last quarter of ... More
Srei International net up 8.25 pc GENERAL INSURANCE Third party administrators — Insurance companies call interviews THE travails of the third party administrators (TPAs) are continuing. With General Insurance Public Sector Association (GIPSA) finally deciding to scrap its TPA panel, the 20 licensed Third Party Administrators (TPAs) have now been asked by the ... More DEBT MARKET Mild rally in bonds expected: BoA A MILD rally in the bond market can be expected given the flush liquidity conditions, continued primary supply of securities at the long-end of the yield curve, mildly rising headline inflation, steady currency rates and the possibility of a 25 ... More PRIVATE BANKS ICICI Bank Q1 net at Rs 253 cr ICICI Bank Ltd has posted a net profit of Rs 252.90 crore for the first quarter ended June 30, 2002 against Rs 65.25 crore in the previous corresponding period. The results include that of ICICI Ltd with its subsidiaries, ICICI Personal Financial ... More
UTI Bank board clean chit to Nayak
Will truck finance give banks the mileage?
Dhanalakshmi Bank posts higher net in Q1
KVB net up PUBLIC SECTOR BANKS Interest income boosts Q1 net for Allahabad Bank In the first quarter of the current financial year (April-June 2002-03), Allahabad Bank posted a 43 per cent jump in net profit at Rs 28.48 crore as compared to Rs 19.91 crore in the same period of the previous year. The operating profit at Rs ... More
SBH net rises 44 pc FINANCIAL INSTITUTIONS APSFC targets Rs 415-cr sanctions THE Andhra Pradesh State Finance Corporation (APSFC) has targeted to sanction Rs 415 crore and disburse Rs 310 crore for the financial year 2002-2003. While aiming to transform itself into a universal bank, the corporation is eyeing long-term ... More SHORT TERM INSTRUMENTS Borrowing limit of PDs in call market to be cut THE Reserve Bank of India has said that borrowing limits of primary dealers in the inter-bank call money market will be reduced in two stages while lending will be permitted only up to 25 per cent of their net owned funds, thereby limiting their ... 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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