Financial Daily from THE HINDU group of publications
Monday, June 02, 2003
Financial Daily from THE HINDU group of publications Monday, June 02, 2003 |
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MONEY & BANKING STOCKS Govt flip-flop on equity return — Dealers expect bank stocks to lose interest SHARE traders are teetering on the edge as the Finance Ministry's going back and forth on what it wants to do with the banks that plan to return equity is set to take the wind out of the sail of the recent equity market rally driven by ... More CONSUMER FINANCE Consumer finance fuels growth in durables sector WANT by a colour television but don't have sufficient cash to pay? You need not worry, look around and you are sure to find a consumer finance scheme that suits your pocket. In fact, according to industry analysts, availability of consumer ... More LIFE INSURANCE LIC Housing Fin Q4 net up 32 pc LIC Housing Finance Ltd has registered an increase of 31.6 per cent in net profit for the quarter ended March 31, 2003 at Rs 75.95 crore, up from Rs 57.68 crore in the corresponding period of the previous year. The net profit for the full ... More FINANCIAL POLICY Response to resident foreign currency a/c still lukewarm WHEN the RBI announced in its credit policy review six months ago, that resident Indians would be permitted to open Resident Foreign Currency (Domestic) Accounts, (RFCD), it perhaps expected that its "relaxation" would meet with a rousing ... More PUBLIC SECTOR BANKS Bank of Maharashtra plans to go global THE Chairperson of Bank of Maharashtra (BoM), Mr S.K. Basu, has said that the management is seriously thinking of `going global.' The bank, which has a domestic consumer base of 90 lakh people and net worth of Rs 980.27 crore in 2002-03 ... More
SBH net at Rs 301 cr; to pay 100 pc
BoB plans corporate service branches in Chennai, Hyderabad FINANCIAL INSTITUTIONS Outstanding liabilities top Rs 2,00,000 crore — States under pressure on sinking fund WORRIED financial institutions (FIs) have begun exerting pressure on States to set up a sinking fund for redemption of maturing loans and for meeting guarantee liabilities. So far the States have failed to set up separate sinking fund despite ... More GOVT BONDS Traders expect bond yields to stay stable BOND yields were forced to retreat during last week after aggressive intervention by the Reserve Bank of India (RBI) and some profit-taking. Traders said that the RBI intervened aggressively to mop up liquidity in a bid to ensure that yields ... More
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Top Stories In Focus SARS scare The Cable tangle Pakistan Diary 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. 25-May. 31 NRI remittances push forex reserves up $666 m PNB net up 50 pc; to return Rs 130 cr FII pie up, public stake down in top IT cos Other income buoys BoB Q4 net — To return Rs 92 crore to Govt ICICI Info's Newton takes off here with LVB Banks flex CAR muscle `Forex management on par with the best' PSBs' deposit growth slows |
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