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Monday, February 17, 2003

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ECONOMY


Across the haze
IF global financial markets were looking at the captain of the ship for words of comfort, what it actually got was far from it. What the captain said was that he was not sure which direction the ship was heading. There is a haze of ... More

LIFE INSURANCE


Fresh IRDA norms on referral pacts
THE Insurance Regulatory and Development Authority (IRDA) has announced new guidelines for life insurers, superseding the earlier ones on referral business agreements of insurance players with banks for selling products through their ... More

GENERAL INSURANCE


Insurance staff want mediclaim arbitrators to go
THE General Insurance Officers All-India Association, Kerala unit, has demanded withdrawal of the appointment of private third-party administrators for settlement of mediclaim insurance. The association at its State conference said that ... More

RBI & OTHER CENTRAL BANKS


RBI likely to be armed with more penal powers
WISER after two major stock market scams in the span a decade both of which saw heavy involvement of banks, the Government is now planning to deter similar recurrences in the future. In the wake of the criticism from the Joint Parliamentary ... More

GOVT BONDS


Much volatility at the short-end
BOND markets continued the southward plunge, as traders remained on tenterhooks over a potential US - Iraq conflict and fears of an accelerating inflation. Ten-year yields as a result went up a steeply during last week to 6.76 per cent up from ... More

SHORT TERM INSTRUMENTS


Repo widening seen linked to call money curbs
THE Reserve Bank of India's (RBI) decision to allow ready-forward (repos) contracts in Government securities to be undertaken by all non-banking institutions holding gilt accounts with banks or primary dealers (PD) is being seen as linked to the ... More

CREDIT CARDS & DEBIT CARDS


  • Andhra Bank to launch debit card

    NEW PRODUCTS & SERVICES


    SBI to offer new foreign currency account
    FOLLOWING the Reserve Bank of India relaxation permitting residents to maintain foreign currency accounts in November, State Bank of India is to offer the `Resident Foreign Currency (Domestic) Account'. A number of foreign banks and private ... More
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    Top Stories
    ESOPs must be expensed: PwC chief


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    In Focus
    Kelkar Report
    Telecom Competition
    Oil PSUs: Disinvestment dilemma
    Housing Fin. rate war: Bonanza for consumers!
    NPAs in Banking
    In Depth
    Simple Economics
    Consumer Notes
    Tax Talk
    The Brahmananda collections
    2002: A drought year
    Gold: Still the winner?
    Cars: Always a beauty
    Books and Reviews
    Looking back
    Feb. 9-Feb. 15
    ICICI Bank likely to see pressure on profits

    `Pricing isn't all in home loans' — Mr S.C. Jain, CEO, LIC Housing

    SBI, Maruti pact for car financing

    A reality check on Securitisation Act

    Govt may reset recap bond rates — Banks nod sought for shift to floating regime

    Defaulters can be gracious hosts!

    Field day for foreign banks, primary dealers


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