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Monday, March 10, 2003

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MONEY & BANKING

DEBT MARKET


5-year at 6.25 is money spinner
A BRIEF look at the graph will tell you how volatile the market has been over the last couple of months. The ten-year sovereign yield has moved up from an all-time low of 5.83 per cent (intra-day) to 6.80 per cent, come back to around 5.90 per ... More

RBI & OTHER CENTRAL BANKS


Income on accrual basis — RBI order helps project lenders save Rs 2,000 cr
AN innocuous-sounding circular from the Reserve Bank of India (RBI) last month may have saved top project lenders in the country from taking at least a Rs 2,000-crore hit, on a conservative estimate, on their balance sheets. On February 27, ... More

PUBLIC SECTOR BANKS


  • Canara Bank ATM facility in Kovai

    GOVT BONDS


    Year-end concerns override Budget euphoria — Selling pressure on gilts may continue
    BOND markets ended weak after the Budget euphoria evaporated and traders' year-end concerns overrode all other issues. Last week, the ten-year yield to maturity (YTM) remained almost steady at 6.32 per cent, as against the previous week's 6.31 ... More

    ALLIANCES & JOINT VENTURES


    National Insurance, Allahabad Bank join hands
    TWO major public sector players, National Insurance Company Ltd and Allahabad Bank, signed an agreement on Saturday for bancassurance in the presence of Mr A.V Adsul, Union Minister of State for Finance. Addressing a press conference, Mr H.S. ... More

    INTERVIEW


    `Not in race for cutting home loan rates' — Mr B. Vasanthan, CMD, Andhra Bank
    THE Chairman and Managing Director of Andhra Bank, Mr B. Vasanthan, conceded that there was a `mad race' for housing finance with banks undercutting the interest rates. "But we are not in this race," he told Business Line. Excerpts ... More

    CO-OPERATIVES


    AP urged not to enhance control over co-op banks
    "The dual control of the State Government and the RBI on the urban banks is causing many problems and the State Government's powers should be limited." More
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    Pick a Winner Stock Market Contest

    Top Stories
    To check MNC invasion in domestic fields — Pesticide makers draft `molecular plan'


    Economic Survey : Draw lessons from it for Budget-making

    SEBI relief to SE subsidiaries on turnover fee

    `Not in race for cutting home loan rates' — Mr B. Vasanthan, CMD, Andhra Bank

    Repeal of sick industrial cos Act may become reality soon

    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
    Mar. 2-Mar. 8
    Standard assets defined for income recognition — Projects under implementation

    G-secs' dip baffles debt market

    Cobwebs gather on IRDA report — Pension reforms draw `life' from OASIS

    Bright scope seen for financial planners

    Banks at receiving end on bad debt sale by ARCs


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