The Hindu Business Line : Monday, August 26, 2002

One step forward, two steps back!
The RBI Governor also seems to be happy with the general trend in the rupee and was quoted as saying that "things are fine with me" as far as the rupee is concerned. More

LIFE INSURANCE

`AMP Sanmar does well on rural front'
AMP Sanmar Assurance, which began operations in January, has already surpassed its mandatory rural business requirement, according to Mr S. Balachander, Head, Sales and Distribution. Addressing the press here, he said the company had already ... More

DEBT MARKET

Treasuries have been worst performers this year
WHAT goes up has to comes down. The top performer of last year has performed the worst this year. A brief look at the table will tell you how poorly the Government bonds have performed this fiscal. While the 5-year govy rate has remained at ... More

The trend is to shed forex debt and tap bond markets
THE bond market continued to remain thin, though yields remained range-bound during the last weekend. The underlying sentiment, however, was firm. Traders said that the thin volume in the market was on account of a reduction in the number of ... More

RBI & OTHER CENTRAL BANKS

SEZ units can hedge sans RBI approval
A UNIT in a special economic zone (SEZ) can now hedge the price risk in a commodity on exports/imports without the prior approval of the Reserve Bank of India. This facility will be available as long as the derivative contracts are entered into ... More

CO-OPERATIVES

Plan for supervisory body for urban co-op banks dropped
THE Reserve Bank of India would continue to supervise urban co-operative banks (UCBs). The two sides have finally evolved a consensus to drop the proposal mooted by the RBI for setting up a separate supervisory body for UCBs. According to ... More

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Pick a Winner Stock Market Contest

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PC-fax product from A-One Hightech

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In Depth
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Simple Economics

Small Investor

Looking back
Aug. 18-Aug. 24
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SBI Life to toe bancassurance

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