Financial Daily from THE HINDU group of publications
Friday, February 28, 2003
| Forex Rates Feb. 27 (4.30 p.m. IST) | ||||||||||
|
Financial Daily from THE HINDU group of publications Friday, February 28, 2003 |
|
||||||||||||
|
|
|||||||||||||
|
MONEY & BANKING ECONOMIC SURVEY `Borrowers will gain from NPA recovery' THE Securitisation Act is not all about recovery of dues by the banks. While corporate India is lobbying hard to dilute some of the recovery powers given to banks and financial institutions under the Act, the Economic Survey feels that the ... More FOREX Rupee stable; gilts down Mumbai: THE rupee closed on Thursday similar to Wednesday's levels at 47.6750/6850 against the dollar in a relatively lacklustre forex market. Forex dealers contended that the market remained thin ahead of the impending Budget announcement on ... More CREDIT RATING Tata Engg debt issues upgraded RATING agencies Crisil and ICRA have upgraded some of the ratings of automobile major Tata Engineering. ICRA said it has upgraded Tata Engineering's debentures programmes from `LAA-' to `LAA,' indicating high safety. "The upgrade of the ... More RBI & OTHER CENTRAL BANKS Norms tightened for inter-branch reconciliation THE Reserve Bank of India has decided to reduce the time period allowed to banks for making provisions against the net debit balance in the inter-branch accounts from one year to six months from the year ending March 31, 2004. In a circular, ... More PUBLIC SECTOR BANKS UBI plans offices in 3 Gulf nations UNION Bank of India (UBI) is in the process of setting up representative offices abroad — at United Arab Emirates (UAE), Sultanate of Oman and Qatar. The plan is expected to crystallise within the next 3- 5 months. Speaking to Business ... More INTEREST RATES Further cut in PLR unlikely PUBLIC sector banks are unlikely to further reduce their prime lending rates (PLR) in the near future, bankers and analysts have said. The data on lending rates of banks released by the Reserve Bank of India on Tuesday revealed wide variations ... More
Corpn Bank cuts FCNR (B) rates for select periods CREDIT CARDS & DEBIT CARDS Free SBI cards likely for Maruti buyers in Kerala The Personal Banking Branch is an exclusive car loan shoppe and has a strong portfolio featuring more than 700 loan accounts. More ALLIANCES & JOINT VENTURES SBI bets Rs 1,000 cr on venture with Maruti STATE Bank of India has taken an exposure of Rs 1,000 crore for the current financial year under the SBI Maruti Finance scheme, a strategic tie-up between the largest public sector bank and Maruti Udyog, the country's largest passenger car ... More Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
 Pick a Winner Stock Market Contest
Top Stories In Focus Run-up to Budget Kelkar Report Bottled water: How safe is it? 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 NRIs & Investment Avenues Corporate Governance Gold: Still the winner? Cars: Always a beauty Books and Reviews Looking back Feb. 16-Feb. 22 Fresh IRDA norms on referral pacts i-flex looks to Citibank for more products' revenue Euro is better bet for exporters Banks place riders on bonds-switch proposal Banks on a hiring spree Design policies for AIDS patients: IRDA chief SBI reduces floating rates on home loans |
|
The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription Group Sites: The Hindu | Business Line | The Sportstar | Frontline | Home | Copyright © 2003, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line |