The Hindu Business Line : Monday, December 02, 2002

The balance of payments myth
THE central bank's forex reserves have grown by a whopping $12.2 billion this financial year. Looking at the pace of the accretion, I would not be surprised to see it touching the $14-billion mark by December end. There is no doubt in my mind ... More

Cautious optimism on rupee's prospects
AS we spoke last week, the dollar got up to its 48.33 resistance this week in a straight line move from its opening levels on Monday last at 48.22 levels. This move has occurred in the traditional demand period for the dollar i.e., the month-end ... More

LIFE INSURANCE

Birla Sun-Andhra Bank facility

PUBLIC SECTOR BANKS

Indian Bank set to get Rs 770-cr recap fund
INDIAN Bank is set to soon get a pat on the back from the Government by way of release of the second tranche of recapitalisation. In view of the strides made by the bank, as shown by its results for the first six months of the current fiscal, ... More

GOVT BONDS

Highly liquid papers under selling pressure
BOND markets remained firm during most of last week, though towards the last trading day, profit-taking triggered a slight retreat. The ten-year yield to maturity (YTM) dropped to 6.45 per cent on a weighted average basis, down from the ... More

NON-PERFORMING ASSETS

Rising non-performing assets — Bank officers urge Govt to act on war-footing
EXPRESSING concern over the alarming proportion of non performing assets in the banking industry, the All India Bank Officers' Association (AIBOA) has urged the Union Government and the Reserve Bank of India to take immediate steps to safeguard ... More

Madras HC stays DRT order against Chennai co
THE Madras High Court has ordered interim stay of an ex-parte decree passed by the Debts Recovery Tribunal against a Chennai-based company for recovery of a sum of Rs 9.97 crore. Mr Justice R. Balasubramanian, who heard a writ petition filed by ... More

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Rising non-performing assets — Bank officers urge Govt to act on war-footing

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In Depth
Gender Justice

Simple Economics

Small Investor

Looking back
Nov. 24-Nov. 30
G-20 for caution on capital account convertibility

Banks await directive on loans to IFCI

Challenges of taking life insurance to small towns

Will early alert system cure the NPA malady?

NRE deposits from UAE surge 20-25%

Pvt life players may grab 4% share by fiscal-end: IRDA

`Insurance cos not fully armed to gauge corporate liabilities'

Forex reserves: From penury to plenty