Financial Daily from THE HINDU group of publications
Thursday, November 14, 2002
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Financial Daily from THE HINDU group of publications Thursday, November 14, 2002 |
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MONEY & BANKING FARM CREDIT Interest waiver, a short-term relief Going by the Prime Minister, Mr Atal Bihari Vajpayee's relief package announced on Wednesday, it appears that the views of the Finance Ministry and Planning Commission have prevailed over that of Krishi Bhawan. More FOREX Rupee stable; gilts rise Mumbai: THE rupee ended on Wednesday at 48.2750/28, almost unchanged from Tuesday's close of 48.27/28 in the forex market. The supply of the dollar was seen to be reasonably good which was seen matching with the prevalent demand in the market, ... More INFORMATION TECHNOLOGY Bharat Overseas to link branches BHARAT Overseas Bank Ltd has signed an agreement with HCL Comnet Ltd for networking its branches across the country. The bank has also signed an agreement with Reliance Communication Infrastructure Ltd for using the latter's data centre facility ... More
NCR Corp plans to set up ATM plant in Bangalore HOUSING FINANCE HDFC reduces lending rates HOUSING Development Finance Corporation (HDFC) has announced a cut in its retail prime lending rate by 0.25 per cent to 10.25 per cent from 10.50 per cent, effective November 14. This reduction will benefit all customers who have availed of ... More
Birla Home Fin hopes to get $20-m loan from IFC
Birla Home Fin to expand in TN LIFE INSURANCE LIC scheme for IOB depositors INDIAN Overseas Bank, in association with the Life Insurance Corporation of India, today launched a group insurance scheme for its deposit holders. The scheme, named IOB Chiranjeevi Bima Yojana, will cover any individual between 18 and ... More
SBI Life in marketing talks with banks
SBM offers life insurance to customers PUBLIC SECTOR BANKS Union Bank lines up festival incentives UNION Bank of India has launched an aggressive push to its retail loan products in Kerala and is offering an array of incentives during the current festival season. These incentives can be availed up to December 31, according to Mr C. ... More
UCO Bank too has ED slot vacant
PNB, Bank of India to share ATMs
Vysya Bank opens another ATM INTEREST RATES SBT reduces lending rates STATE Bank of Travancore (SBT) has reduced its prime lending rate (PLR) with effect from November 1 in line with the cut in bank rate by RBI. The effective PLR now is 11.75 per cent and the prime term lending rate 12.25 per cent. The bank has ... More NON-PERFORMING ASSETS SBI provides 10 pc for Dabhol exposure STATE Bank of India has, in its balance sheet for the first half of the current fiscal year, made prudential provision of 10 per cent for its nearly Rs 1,000-crore exposure to the Dabhol Power Company (DPC). SBI has the third-largest exposure, ... More TRADE & LABOUR UNIONS Govt move on IDBI, UTI opposed WITHIN hours of the Cabinet approving the proposal for corporatisation of the IDBI, the principal Opposition party, the Congress (I) has signalled its intention to oppose this move by the Government and also the planned privatisation of the Unit ... More ALLIANCES & JOINT VENTURES Canara Bank in pact with SBI for bank in Moscow THE Bangalore-based Canara Bank has entered into an agreement with State Bank of India for setting up a joint venture bank - Commercial Bank of India - in Moscow. Speaking on the sidelines of the ongoing road show for its Rs 385-crore initial ... More CO-OPERATIVES Sabarmati co-op bank tottering IF one were to tabulate the month-wise casualty list of urban co-operative banks in Gujarat that bit the dust in recent times, October seems to be a better month than September. For those who have been keeping tab on the seemingly endless soap ... More
Legislation for AP urban co-op banks opposed Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
Top Stories In Depth Gender Justice Simple Economics Small Investor Looking back Nov. 3-Nov. 9 PSUs worried over funds in IFCI Kelkar prescription may hit housing finance SBI local head offices to get more powers |
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