![]() Financial Daily from THE HINDU group of publications Thursday, November 07, 2002 |
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MONEY & BANKING FARM CREDIT
Banks told to go soft on farm loansTHE Finance Minister, Mr Jaswant Singh, has asked the banks to align the interest rates for agriculture and rural sectors with the soft interest rate structure in the rest of the economy. According to Mr Singh, interest rates for the farm and ... More AWARDS & HONOURS Kerala coop bank gets Nabard award THIRUVANANTHAPURAM: The Kerala State Cooperative Agricultural and Rural Development Bank (KSCARDB) and the primary cooperative agricultural and rural development banks (PCARDBs) at Hosdurg, Tirur and Meenachil have bagged the Best ... More FOREX Rupee steady; bonds rally Mumbai: THE rupee closed almost unchanged at 48.33/3350 on Wednesday against the dollar as compared to previous close of 48.32/33 in the forex market. The supplies of the dollar were seen to be good, with some stray demand observed. The ... More HOUSING FINANCE Kelkar prescription may hit housing finance If the committee's suggestions to gradually whittle down fiscal benefits on housing loan are accepted, borrowers are only likely to postpone borrowing. More CREDIT RATING `H1' rating for CMC, Vellore ICRA Ltd has assigned `H1' grading to Christian Medical College and Hospital, Vellore. The institution is categorised as a super-speciality teaching hospital. According to a press release, the H1 grading assigned to CMCH implies that the ... More CORPORATE BONDS Capital gains bonds Nabard hopeful of Rs 1,500-cr mop-up THE National Bank for Agriculture and Rural Development (Nabard) expects to mop up around Rs 1,500 crore from its capital gains bonds issue during the current fiscal. "We have already mobilised Rs 800 crore, which is likely to cross Rs 1,500 ... More FIXED DEPOSITS Syndicate Bank hikes short-term bulk deposit rates THE public sector Syndicate Bank has hiked short-term deposit rates by 50 basis points (0.5 per cent) for bulk deposits (between Rs 50 lakh and Rs 1 crore) to 4.5 per cent. The hike in rates is applicable for deposits with tenors between seven ... More
PNB lowers deposit rates TRADE & LABOUR UNIONS State Bank union threatens stir THE State Bank's Staff Union (Kerala Circle), affiliated to the All-India State Bank of India Staff Federation, has threatened direct action to protest "violation of bilateral service agreements'' and invoking of police intervention in branch ... 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. 27-Nov. 2 King's tale of Hongkong Bank Bankers bristle at charge over low credit-deposit ratio RBI committee calls for ban on securities trading by LABs Pampering the super-rich: ICICI Bank shows the way Insurance cos must refund excess motor premium Will the banks listen to RBI? ICICI Bank posts Rs 285-cr consolidated net profit |
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