Financial Daily from THE HINDU group of publications
Monday, December 30, 2002
Financial Daily from THE HINDU group of publications Monday, December 30, 2002 |
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MONEY & BANKING INTERNET ICICIdirect plan to reach remote areas NEW DELHI: ICICIdirect.com, online trading service from ICICI, has launched `DirectLink', which seeks to provide trading access to remote parts of the country through a local partner. Investors who have no means of real time access to ... More DEBT MARKET Falling yields give PFs little elbow room DEBT market players are having a bonanza, with yields on instruments dipping to a new low everyday and daily profits soaring to several crores. However, investors in the debt market such as provident funds have a woeful tale to tell. Will the ... More INTEREST RATES `Spreads on rates likely to narrow' THE spread between deposit and lending rates is expected to narrow and pave the way for a softer interest rate regime with the Securitisation Act now becoming operational. Delivering the valedictory address at the 24th Bank Economists' ... More GOVT BONDS Insurers, PFs active in bond markets BOND markets remained firm, with the Reserve Bank of India reiterating its commitment to a soft interest rate regime. The ten-year yield to maturity (YTM) on a weighted average basis ended the week at close to 6.24 per cent. This rate is down ... More NON-PERFORMING ASSETS Banks told to form task force for risk-based internal audits THE Reserve Bank of India has asked banks to form a task force to put in place risk-based internal audit systems. The central bank has, in its finalised guidelines issued on December 28, also asked banks to submit to it a quarterly audit policy ... More CREDIT CARDS & DEBIT CARDS BOB Cards ties up with Cholamandalam BOB CARDS, a subsidiary of Bank of Baroda, and Cholamandalam Investment and Finance Company have announced a tie-up to issue co-branded credit cards to Cholamandalam's vehicle finance customers. The proposed credit cards will be affiliated to ... More PERFORMANCE Bank loan disbursals below target in Dakshina Kannada Banks have disbursed crop loans to the tune of Rs 86.60 crore during the first six months of the year, registering an achievement of 89 per cent. More TRENDS Are banks jettisoning the basics? BANK is defined in Chamber's Dictionary as an office or institution for the keeping, lending and exchanging of money. Nowadays one wonders whether we have moved away from this definition and are concentrating on things, which are not strictly ... More
Bank credit up Rs 1,652 crore Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
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Top Stories In Focus Inside China Stock scam unravelling Red signal for Chinese silk Petrol pump controversy Kelkar Report In Depth Gender Justice Simple Economics India Interior Consumer Notes Looking back Dec. 22-Dec. 28 One more cautious step towards convertibility Hobson's choice for the Reserve Bank SBI plans treasury group synergy Despite claims, RIDF is a flop Life insurers bet on term plans Jalan optimistic about achieving 8 pc growth |
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