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Monday, December 23, 2002

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FOREX


Hobson's choice for the Reserve Bank
THE Reserve Bank of India (RBI) invites market players to take a speculative view on rupee-dollar rates. The relaxations in exchange control regulations announced by the RBI have been widely interpreted as evidence of a calibrated move by it, ... More

CONSUMER FINANCE


Zero interest loan schemes hit consumer goods financing
Leading finance companies such as GE Countrywide, ICICI, Associates and Bajaj Auto Finance have pointed out due to 0% schemes, consumer durable financing was becoming a `loss-making proposition' for them. More

LIFE INSURANCE


LIC agents suggest plan for expanding network
THE agents of Life Insurance Corporation of India (LIC) have suggested the introduction of the Senior Agency Scheme for expanding the agent network. Mr Shyamal Chakraborty, zonal secretary of Life Insurance Agents' Federation of India (LIAFI), ... More

The real purpose of insurance
Postponement of legitimate claims of insurers by insurance companies defeats the very purpose and principle of insurance. More

GENERAL INSURANCE


Market not ready for `de-tariffing' motor insurance
THE Indian insurance market is not yet ready for de-tariffing of motor insurance. This is understood to be the view expressed by the Justice T.N.C Rangarajan Committee, which held discussions with automobile and insurance interests here on ... More

DEBT MARKET


T-bills emerging most popular paper
Expectations are that credit is likely to accelerate in the coming months as the retail thrust of the banks translates into greater demand for project credits. Retail to project credit is currently in a ratio of 3:1, a reversal from what it was about 5 years ago. More

PUBLIC SECTOR BANKS


SBI `help line' in Coimbatore
COIMBATORE: The Coimbatore Module of the State Bank of India (SBI) is to kick start the `help line' (call centre) services on Monday. This service is being introduced with a view to provide both — its customers and the public, ... More

NON-PERFORMING ASSETS


Walking on thin ice... to get back the dough
A COUPLE of years ago, a finance company executive was hot on the trail of a truck operator who owed money to his company. Whenever the executive visited his house, the operator managed to give him the slip. Finally, the executive got an ... More
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Top Stories
Constraints in the Budget process


All set for Delhi Metro flag-off

China is just a nod away for Infosys

Hobson's choice for the Reserve Bank

CEOs for phasing out tax exemptions

Gold surges to 6-year high

A friendlier lagaan to shipowners' rescue?

In Focus
Inside China

Gujarat Elections
Stock scam unravelling
Red signal for Chinese silk
Petrol pump controversy
Small Investor
In Depth
Gender Justice
Simple Economics
India Interior
Consumer Notes
Looking back
Dec. 15-Dec. 21
Bank audits could vanish into thin air

Lenders seek to shut BIFR door against defaulters

SBI, BoI to test waters in securitisation market

Bank of India hires Deloitte as agent to recover NPAs

Rupee touches 47.97

States told to go easy on bond guarantees

Banks shy away from Nabard refinance


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