Financial Daily from THE HINDU group of publications
Tuesday, April 15, 2003
Financial Daily from THE HINDU group of publications Tuesday, April 15, 2003 |
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MONEY & BANKING INSURANCE Re-fixing of commissions — Brokers upset over IRDA fiat THE notification issued last month by the Insurance Regulatory and Development Authority (IRDA), banning all Government and public sector business to brokers and re-fixing the brokerage allowable for tariff lines, has created a good deal of ... More GENERAL INSURANCE 
Murugappa group to get Rs 33 cr from MitsuiTHE Murugappa group will get $7 million (about Rs 33 crore) from Mitsui Sumitomo Insurance Company of Japan, for stake in the insurance joint venture, Cholamandalam MS General Insurance Company Ltd. The Murugappa group first started its ... More PRIVATE BANKS ICICI Bank withdrawals overshoot by Rs 150 cr WITHDRAWALS from ICICI Bank overshot the normal level by Rs 150 crore over the past three days after the bank was hit by rumours of a cash crunch, bank officials today confirmed. Total withdrawals of deposits since Friday touched around Rs 550 ... More PUBLIC SECTOR BANKS Syndicate to drop StanChart — Plans tie-up with Visa for own cards THE Manipal-based Syndicate Bank has decided to sever its ties with Standard Chartered Bank pertaining to credit cards. "The idea is to launch credit card and even debit card on our own. Towards this, we are tying up with Visa International," ... More
Banks urged to improve priority sector lending FINANCIAL INSTITUTIONS IFCI to be split into two — Plan entails segregating good and bad assets AFTER the recent bifurcation of the erstwhile Unit Trust of India (UTI), it is now the turn of IFCI Ltd to be split into two. As part of its plans for restructuring the financial institutions of the country, the Ministry of Finance has decided ... More Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
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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 Apr. 6-Apr. 12 Loan conversion into shares — Banks get more leeway against defaulters Credit limit for overseas ventures hiked Why banks are averse to lending rate cut LIC leads; others way behind Big names lining up for pension pie SBI clocks 50 pc growth in housing loan portfolio — Outstanding at Rs 11,729 cr as on Feb |
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