The Hindu Business Line : Monday, September 09, 2002

Dollar shorts get nervous!
A PRETTY nervous week for the rupee as it dropped by over 14 paise during last week from its low of 48.44. The price movement once again highlights the fact that the market is overly short of dollars. Apart from the inter-bank shorts, we have ... More

INSURANCE

PSU insurers turn active treasury players on underwriting losses
THE four public sector insurance companies have decided to desist from purchases of equities and debt securities that they have already sold. Sources said here that the decision was not permanent. Instead, the purchases would be held back until ... More

MANPOWER

Bank of Tokyo officers accept package
AS many as 16 out of a total 19 officers of the closed branch of Bank of Tokyo-Mitsubishi in the city have accepted the compensation package offered by the bank management. According to a bank's spokesperson, the package offers, among other ... More

HOUSING FINANCE

Can Fin home loan fair

RBI & OTHER CENTRAL BANKS

RBI Annual Report for 2001-02 — Creditable financial management
THE RBI's Annual Report for 2001-02 tells a credible and creditable story of an economy well-managed, both on the domestic and external fronts, with reasonable price stability and a rate of growth that exceeds that of many other similarly placed ... More

PUBLIC SECTOR BANKS

SBI's credit pick-up at Rs 3,000 cr
STATE Bank of India has registered Rs 3,000-crore pick-up in credit in the first five months of the current fiscal, according to the Chairman, Mr Janki Ballabh. Speaking on the sidelines of a press conference to announce SBI Life's new ... More

SBI aims to increase farm credit
STATE Bank of India plans to increase its share in the agricultural lending (AGL) market in Kerala from 10.3 per cent during the current fiscal. As of July 2002, the agricultural advance level is Rs 331 crore, which the Kerala Circle plans to ... More

GOVT BONDS

Traders shy away from State Govt papers
Interest in State Government securities appears to have completely vanished with spreads for most of them rising to as high as 600 basis points over sovereign yields. More

NON-PERFORMING ASSETS

Asset recast co alone will not do to resolve NPAs, says IMF
THE International Monetary Fund (IMF) has described it as "naïve" to expect that the setting up of the asset reconstruction company (ARC) alone would be the "panacea" for the resolution of the non-performing asset (NPA) problem of the Indian ... More

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`UTI package sends positive signal to industry' — Mr A.P. Kurian, Chairman, Association of Mutual Funds of India

PC sales up 5 pc in first quarter: IDC

Asset recast co alone will not do to resolve NPAs, says IMF

Coffee Board panel moots deletion of IT notification

Why disinvestments must go on

In Depth
Gender Justice

Simple Economics

Small Investor

Looking back
Sep. 1-Sep. 7
Private insurers begin rural invasion

`Limitation clause may hit NPA recovery'

StanChart, Grindlays merger completed

`Bank rate cut will not exceed 50 basis points'

25 is `right age' to plan for retirement

LIC in talks with States for pensions for underprivileged

PSU insurance cos cancel long-term accident schemes