The Hindu Business Line : Sunday, September 15, 2002

Forex reserves rise $551 m
THE country's forex reserves rose by $551 million to touch $62.066 billion for the week ended September 6, 2002, from $61.515 billion in the previous week, as per the RBI statistics. State-run banks were mopping up dollars capping the ... More

NBFCS

Balaji Auto Finance: Racing ahead
BAJAJ Auto Finance accepts fixed deposits under two schemes, cumulative and non-cumulative. It offers 8 per cent for a one-year deposit and 8.5 per cent for a three-year deposit. It does not accept deposits for a two-year tenure. The minimum ... More

LIFE INSURANCE

Term assurance policies — Roof over your risks
TERM assurance policies are the most basic insurance policies that one can get. They seek to provide a financial cushion to a policy-holder's family if he fails to survive the term of the policy (for more details, look at the Personal Finance ... More

LIC bonus announcements
THE Life Insurance Corporation has announced its bonus for various policies in its fold. The salient features are:

Bonus of Rs 100 per thousand sum assured for whole Life policy-holders.

Rs 49 to Rs 71 per thousand sum assured for ... More

FOREIGN INSTITUTIONAL INVESTORS

FMO to raise exposure to financial sector
FMO (Netherlands Development Finance Company) has chalked out plans for a much larger exposure towards the financial services sector in India. Talking to Business Line here recently, Ms Ella de Vette, Investment Officer, Equity ... More

GOVT BONDS

Tax-free bonds: An extra option

NON-PERFORMING ASSETS

Making politicians pay, the J&K Bank way
AT least some big-name election candidates in Jammu & Kashmir must have read this morning's newspapers with more than a little distaste. Major Srinagar papers today carried advertisements from the Jammu & Kashmir Bank threatening to publish the ... More

CREDIT CARDS & DEBIT CARDS

Andhra Bank ATMs to accept credit cards

REGULATORY BODIES & RULINGS

Ministry, IRDA have a parking problem — Surplus funds proving elusive for Govt
THE Finance Ministry has fired the first salvo in its plan of directing a host of regulatory authorities including the Securities and Exchange Board of India (SEBI) to park their surpluses in the Public Account of India. The long-term move is ... More

TRENDS

Bank credit up Rs 2,718 cr

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No plan to privatise coal sector, says Minister

Hank yarn transfer premiums still hot

In Depth
Gender Justice

Simple Economics

Small Investor

Looking back
Sep. 8-Sep. 14
LIC to replace New Bima Nivesh

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

Co-op banks in Gujarat — A crumbling edifice

Experiment in LAB unsuccessful

`Scope for banks to cut lending rates further'

RBI directs Global Trust to change auditors

Much at stake for Govt in IFCI bail-out