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Sunday, January 26, 2003

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MONEY & BANKING

PENSION PLANS


Pension plans — For security after retirement
ACCESS to better facilities and improved healthcare has increased the average lifespan in India, and as a result more people feel the need to prepare for a comfortable old age. This need has been further magnified by the escalating healthcare ... More

FOREX


Forex reserves up at $72.40 b
THE country's forex reserves have surged by $1.053 million to touch $72.400 billion for the week ended January 17, 2003, as compared to $71.347 billion in the previous week, according to the latest RBI statistics. Forex dealers contend that the ... More

STOCKS


ING Vysya Bank: Time to move out
INVESTORS in the stock of ING Vysya Bank can pare down their exposures. In the last 12 months, the stock has appreciated by nearly 70 per cent. The appreciation has come in the backdrop of a rise in the stake of ING Group of the Netherlands in ... More

NBFCS


Non-banking finance companies: Retail push pays dividends
FOR most people, the mention of non-banking finance companies (NBFCs) conjures up images of default and failure. Growth, let alone rates of 40-60 per cent, is not something that is associated with NBFCs. Even as big a name as Tata Finance fell ... More

Attractive on dividend yields
Sundaram Finance: Buy
Ashok Leyland Finance: Buy
Cholamandalam Finance: Hold More

Relative costs is the issue
FOR the top-rated NBFCs, the size of the market or of the pie is not an issue. The retail financing market is large and also growing steadily. But how big a stake of the market they will get will depend on how they manage their costs. NBFCs ... More

To be a bank or not?
THE issue of conversion of NBFCs into banks got a fillip after the Reserve Bank of India gave Kotak Mahindra the licence to convert into a bank last year. Now, other large profitable NBFCs such as Sundaram Finance, Ashok Leyland Finance and ... More

HOUSING FINANCE


PNB Housing: A safe dwelling
THE fixed deposit programme of PNB Housing Finance is a good investment option. Interest rates on one-year deposits are higher than that offered by other leading housing finance companies such as HDFC, Sundaram Home and Can Fin Homes. Investment ... More

LIFE INSURANCE


Tata AIG's 21 Money Saver Plan
THIS week we will look at Tata AIG's 21 Money Saver Plan — a money back policy, which is a savings instrument that also allows the policyholder to periodically withdraw cash. The policyholder also gets life ... More

CREDIT CARDS & DEBIT CARDS


  • International use of credit card liberalised

    ALLIANCES & JOINT VENTURES


    LIC in pact with JLI Insurance
    MUMBAI: Life Insurance Corporation of India (LIC) has signed a memorandum of understanding (MoU) with JLI Insurance Broking Company, to distribute its life insurance products through them. The MoU was signed by Mr S.B Mathur, ... More

    INTERVIEW


    `We are now comparable to banks in terms of costs' — Interview with Mr S. Nagarajan, MD, Ashok Leyland Finance
    Ashok Leyland Finance is the leading non-banking finance company in the retail-financing segment. Business Line spoke to Mr S. Nagarajan, Managing Director, Ashok Leyland Finance, on the prospects for the industry in general and the ... More
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    Top Stories
    Goodlass plans southern splash


    Forex reserves up at $72.40 b

    Duty sops offered for Bangladesh goodies

    In Focus
    Kelkar Report
    Telecom Competition
    Oil PSUs: Disinvestment dilemma
    NPAs in Banking
    In Depth
    Gender Justice
    Simple Economics
    India Interior
    Consumer Notes
    Tax Talk
    Industry Analysis
    Economy - A Perspective
    2002: A drought year
    Gold: Still the winner?
    Books and Reviews
    Looking back
    Jan. 19-Jan. 25
    Forex inflows add to RBI woes

    Hefty dividend flow to Govt from PSBs likely

    No need to bring $ home?


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