Financial Daily from THE HINDU group of publications
Tuesday, March 18, 2003
| Forex Rates March 17 (4.30 p.m. IST) | ||||||||||
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Financial Daily from THE HINDU group of publications Tuesday, March 18, 2003 |
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MONEY & BANKING PENSION PLANS `We must be included in Govt-backed pension plan' — Pvt insurers ask IRDA to intervene TAKEN aback by the Government's decision to arm the Life Insurance Corporation of India (LIC) with an assured nine per cent return under the proposed Government-sponsored pension scheme, a group of private insurance players has approached the ... More FOREX HOUSING FINANCE Corpn Bank clears 550 home loans HYDERABAD: Corporation Bank has announced that it has sanctioned an amount of Rs 22 crore towards housing loans by clearing the applications of 550 customers on the spot at the two-day home loan fair here on Sunday. In a press release ... More LIFE INSURANCE Health insurance scheme will be a success: Sushma THE Union Minister for Medical, Health and Parliamentary Affairs, Ms Sushma Swaraj, has expressed confidence that the new health insurance scheme announced by the Finance Minister in his Budget would "do very well". The Minister told ... More HUMAN RESOURCES Banks in race to pick IIM students Private and foreign banks are increasingly lining up at the campuses, rolling out mouth-watering placement offers for students. More PUBLIC SECTOR BANKS `Banks are stronger after trimming flab' LOWER operating expenses is the key driver of the banking sector's improved profitability in recent times, according to a Crisil study. "The banking sector is now reaping the benefits of rationalising its employee costs and undertaking other ... More
Canara Bank's scheme for SSIs
FOREIGN BANKS Commercial Bank of Ceylon hires Indian consultant COMMERCIAL Bank of Ceylon (CBC), an 81-year-old Lankan outfit, recently hired The Redwood Edge, a Pune-based consultancy, to run programmes for both its executives and client organisations. CBC is among Sri Lanka's frontline banks, said Mr ... More FINANCIAL INSTITUTIONS Fast money? Just buy FI bonds BRING an FI bond, take home cash. This seems to be the punchline for what has lately emerged as a new business for some of Kolkata's financial intermediaries, including a few small players on the local stock exchange. An unorganised market is ... More TRADE & LABOUR UNIONS Insurance staff fear private takeover EMPLOYEES of the four general insurance companies (GICs) in Kerala are apprehensive of a takeover of their institutions by the private sector insurance majors now active in the State. "The latest changes that are taking place in these public ... More
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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 Mar. 9-Mar. 15 Competition drives LIC to fine-tune customer service `Not in race for cutting home loan rates' — Mr B. Vasanthan, CMD, Andhra Bank `Indian holdings' in foreign NBFCs to be denied sops IRDA warns insurers on unregistered TPAs |
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