Financial Daily from THE HINDU group of publications
Tuesday, August 27, 2002
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Financial Daily from THE HINDU group of publications Tuesday, August 27, 2002 |
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MONEY & BANKING FINANCIAL SERVICES FOREX Forward premium falls further; gilts up Mumbai: THE outlook for rupee appears to be stable with forward premium on dollar falling significantly on Monday. Dealers said the forward premium was seen falling quite considerably in line with the trend that started since early June. The ... More INSURANCE You can buy insurance at petrol bunks too INSURANCE selling appears to be going the `home loans' way, where all you require to set up a point-of-sales is a canopy, a desk and a chair. These little `offices' have sprung up in places you'd least suspect them to be present in — and ... More
NBFCS SEBI queries Pendse on TFL insider trading THE Securities and Exchange Board of India officials today questioned Mr Dilip Pendse, former Managing Director, Tata Finance Ltd (TFL), on his involvement in the alleged insider trading in the TFL scrip. A SEBI source said Mr Pendse was ... More CREDIT RATING PRIVATE BANKS ICICI Bank to extend wealth advisory services The bank would offer professional financial planning and investment advisory services to assist its private banking customers in their investment and savings plan. More
Kotak Mahindra Bank plans wealth scheme
UTI Bank to finalise foreign investor today PUBLIC SECTOR BANKS SBI cuts rates on FDR loans STATE Bank of India (SBI) has lowered interest rates charged on loans against fixed deposit receipts (FDRs) and special term deposit receipts (STDRs). In such cases, for a loan of up to Rs 1 crore, the bank will now charge 0.75 per cent over ... More
UCO Bank Q1 net at Rs 73 cr FOREIGN BANKS Bank of Tokyo branch closure: UFBU meets CM A DELEGATION from the United Forum of Bank Unions (UFBU), comprising nine unions of bank employees and officers, called on the West Bengal Chief Minister, Mr Buddhadev Bhattacharjee, recently and requested him to intervene in the situation ... More FINANCIAL INSTITUTIONS IDBI in talks with UK insurance cos INDUSTRIAL Development Bank of India (IDBI) is in talks with three UK-based insurance companies to select a partner for an insurance brokerage. One of the companies that the financial institution is negotiating with is the British giant, ... More NON-PERFORMING ASSETS Credit dispensation — The hard realities Credit dispensation constitutes the most vital segment of a bank's business. If not handled well, that bank will march towards doom. The eagerness of an entity to borrow and the indispensability of the bank to lend are the factors that come into inte raction. While a borrower may not ordinarily show any particular preference for a lender, the lender has to be necessarily cautious in the selection of the borrower. More Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
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Top Stories In Depth Gender Justice Simple Economics Small Investor Looking back Aug. 18-Aug. 24 RBI asks banks to follow norms for a/c opening `Housing finance cos ready to cut rates... ' SBI Life to toe bancassurance Banks reject tax challans sans PAN Max New York looking at `most admired' tag |
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