Financial Daily from THE HINDU group of publications
Wednesday, October 16, 2002
| Forex Rates Oct. 15 (4.30 p.m. IST) | ||||||||||
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Financial Daily from THE HINDU group of publications Wednesday, October 16, 2002 |
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MONEY & BANKING FINANCIAL SERVICES Reuters unveils messaging service REUTERS has announced the launch of Reuters Messaging, a high security, high-speed instant messaging service developed specifically for the global financial services industry. Developed by Reuters and Microsoft, with the support of 30 financial ... More INSURANCE Prudential norms, fees for insurance brokers — Reinsurance fees left to market forces THE broad regulatory and business environment for insurance broking has emerged with the Insurance Regulatory and Development Authority (IRDA) penning down the prudential business norms and the detailed fee structure that is to be included in the ... More
IRDA to park surplus in public account LIFE INSURANCE 
`New life insurers do better this year'THE new private sector life insurance companies have performed much better this year than last year, Mr P.A. Balasubramanian, Member, Insurance Regulatory and Development Authority (IRDA), observed today. Speaking at a function of SBI Life ... More FINANCIAL MARKETS US economy & markets: Treading sideways UNCERTAINTY continues to dog the US stock market. Last week, the Dow Jones Industrial Average slid rapidly below 7,200 and then roared back to nearly 7,900 on Monday in a jump of almost 700 points in three trading days. Overall, however, ... More RBI & OTHER CENTRAL BANKS IMF-World Bank: Search for legitimacy In an effort to regain lost legitimacy, the World Bank and the IMF have over the last few years been in a perpetual state of internal reform. The September meetings of the Bank and the Fund provided one more occasion to report on this process of chan ge. In the first of a series of assessments of the actual nature of change, if any, C. P. Chandrasekhar and Jayati Ghosh examine the recent approval of new guidelines for IMF conditionality. More
A history of renewal
Uniform procedures for short-term credit SHORT TERM INSTRUMENTS PDs shifting focus to securitised papers PRIMARY Dealers (PDs) have begun buying into securitised papers in a bid to push up their effect yield on assets. So far, PDs have been dealing only in Government securities and to a small extent in short-dated instruments such as commercial ... More CREDIT CARDS & DEBIT CARDS IDBI Bank to tap debit card potential IDBI Bank plans to focus more on tier II and III markets for its recently launched international debit card, according to Mr Shameek Bhargava, Head-ATMs and Card Products, of the bank. "Unlike other banks, we will not be metro-focused," he told ... More TRENDS 
Rural branches on the declineCLOSING an unprofitable rural branch is no easy task. There is resistance from just about every interest involved — the villagers, rich landlords, block level officers, district collector, lead bank in that district and of course the ... More Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
Pick a Winner Stock Market Contest
Top Stories In Depth Gender Justice Simple Economics Small Investor Looking back Oct. 6-Oct. 12 PSBs account for half the deposits in Q1 Polymer notes not now: RBI Andhra Bank not keen on Centurion; fears erosion Cap on health riders in life policies — IRDA makes insurers uneasy |
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