Financial Daily from THE HINDU group of publications
Monday, May 19, 2003
Financial Daily from THE HINDU group of publications Monday, May 19, 2003 |
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MONEY & BANKING REGIONAL RURAL BANKS Rural development banks bag awards THE Uttar Pradesh-based SGV Bank has been selected for the Government of India Trophy for the best all round performance. At the board meeting of National Co-operative Agriculture and Rural Development Banks' Federation Ltd (Ncardbf) held here, ... More ECONOMY It's all about deflation now Interest rates have been in a downward spiral in the US, UK and Europe. This creates a paradox as monetary easing tempts household and companies into first increasing debt. More TECHNOLOGY S. Korean co enters race for ATM share COMPETITION in the Indian ATM market is expected to get hotter with the entry of one more player in the field. Nanocash 3000, a `table-top' ATM manufactured by Nautilus Hyosung, a South Korean company, was just launched in the Indian market, ... More LIFE INSURANCE LIC western zone business rises THE Life Insurance Corporation of India's western zone has scored over the other zones by clocking a business of Rs 37,303 crore, in the year 2002-03. In absolute volume of first premium income, the zone occupied first position with a total ... More RBI & OTHER CENTRAL BANKS PUBLIC SECTOR BANKS Bonds buyback scheme — Tax sops for banks may be extended THE Central Board of Direct Taxes (CBDT) may have to keep its hands off for a longer duration from the proceeds realised by banks from the forthcoming exercise of buyback of Government bonds. Fears expressed by public sector banks of possible ... More
GOVT BONDS Yields on short-term securities may fall further — Repo rates, bonds buyback to provide direction to market Traders said that if the repo rate cut is effected now, then there was a distinct possibility that the Government costs in terms of premium to face value would rise at the time of the buyback. More PEOPLE 
Former Deputy governor of RBI Janakiraman deadMR R. Janakiraman, retired Deputy Governor of the Reserve Bank of India, died in a private hospital here today. He was 70 and is survived by his wife. Mr Janakiraman, who retired from the RBI in 1994, was widely considered an expert on the ... More Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
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Top Stories In Focus SARS scare The Cable tangle Indo-Pak Monitor Indo-China Relations Telecom Competition Oil PSUs: Disinvestment dilemma NPAs in Banking In Depth Simple Economics Consumer Notes Tax Talk The Brahmananda collection NRIs & Investment Avenues Corporate Governance Gold: Still the winner? Cars: Always a beauty Books and Reviews Looking back May. 11-May. 17 RBI asks PDs to mark up bidding commitments Insurers find it tough to get new business Brokers to meet IRDA chief to discuss notification Bankers sore with SFCs on interest payments NBFCs seek powers under Securitisation Act — Action against defaulters |
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