Financial Daily from THE HINDU group of publications
Saturday, March 22, 2003
Forex Rates March 21 (4.30 p.m. IST)
1 PoundRs 74.40
1 EuroRs 50.41
1 USDRs 47.62
100 YenRs 39.47
1 Sing $Rs 26.94

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MONEY & BANKING

FOREX


Rupee gains 8 paise
Mumbai: THE rupee on Friday regained its lost sheen, gaining 8 paise in its value against the greenback from its opening levels, on the back of exporters bringing in their dollar receivables in advance. The domestic currency opened at 47.7550 ... More

NBFCS


Lloyds Fin fails to pay depositors
IT has been a never-ending wait for Lloyds Finance fixed deposit holders' in getting back their investment. The company does not seem to be implementing the directions issued by the Company Law Board (CLB) on repayment of deposits. The company ... More

HOUSING FINANCE


The great home rush
The average age of people buying homes has come down in recent years from 40 years to around 30 years. Men continue to be the primary applicants; though more and more working women are helping to repay the loans. More

Shopping + Home work = Savings
Go shopping for your home loan after deciding on tenure and fixed rates. Convert the different interest rates on offer into EMIs, and zero down on the lowest. EMI calculators are available on SBI or Allahabad Bank Web sites. More

HUMAN RESOURCES


PSBs scouting for young talent
GOLDEN handshakes, freeze on recruitment and natural attrition have left empty chairs in key positions in several public sector banks. Many of them are now planning aggressive but selective recruitment campaigns and fast-track promotions to fill ... More

INTEREST RATES


Banks go easy on capping spreads on priority lending
Indian Bank Association (IBA), the apex industry body, wants all banks to follow the Finance Minister's directive. It has advised all banks to revise their interest rate structure at the earliest. More

FIXED DEPOSITS


  • Bank deposits stand at Rs 56,093 cr in Kerala

    EVENTS


    Bangalore to host IBRD's annual conference
    The ABCDE Conference has been held annually in Washington since 1988. Beginning with this year's meet in Bangalore, each of these conferences would be held in a developing country every other year. More

    TRENDS


    Small coins land in temple hundials
    WE have a letter from a reader, Mr K.S. Chidambaranathan in Rajapalayam, welcoming the installation of Note-to-coin changer by Union Bank of India at Mumbai CST. He has drawn attention to the difficulty faced by the general public in getting ... More
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    Top Stories
    `I want to boost co-production of films' — Mr Ravi Shankar Prasad, Minister of State for Information and Broadcasting


    PSBs scouting for young talent

    Farm labourers find bonanza in human trials

    Time's up for poor performers in India Inc

    Patchouli, the new aroma of hope for farmers

    Ranbaxy top brass in S Africa to cheer `men in blue'

    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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