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Friday, August 08, 2003
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MONEY & BANKING

FARM CREDIT


Farmers put off by delays, hassles
MANY farmers, while being content about the support extended by public sector banks, remain blissfully ignorant about the rate of interest charged by them. "Getting a loan from a public sector bank is a big deal. Why bother about the rate? We ... More

Farmers are good credit-risk, but...
Major pick-up in crop loans unlikely: Bankers

DESPITE the recent cut in interest rates for crop loans to 9 per cent, bankers do not expect a major pick-up in crop loans in the current year. "On a loan of Rs 50,000, the saving that a farmer may get because of the cut is of the order of Rs ... More

INVESTMENTS


RBI asks banks to be more open on investments
THE Reserve Bank of India has advised banks to disclose unrealised gains on their investment portfolio in their balance sheets and quarterly results, so that observers and analysts can assess their financial positions more ... More

FOREX


Rupee touches 3-year high, breaches 46 level
THE rupee today scaled a three-year high against the US dollar, breaching the `psychological barrier' of 46 levels, ending at 45.95/96 per dollar, 10 paise stronger compared with Wednesday's close at 46.05/06, amid surplus dollar supplies in the ... More

LIFE INSURANCE


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    GENERAL INSURANCE


    Comprehensive package gets IRDA nod
    FOLLOWING representations received from concerned quarters, the Insurance Regulatory and Development Authority (IRDA) has decided to permit all the General Insurance Companies to offer comprehensive package policy for Contractors Plant and ... More

    DERIVATIVES MARKETS


    CCIL sees Rs 1.35-cr volume on first day of FX-Clear trade
    CLEARING Corporation of India Ltd's (CCIL) free forex trading platform has registered a volume of Rs 1.35 crore with 17 deals struck through the order matching system, on the first day of starting operation. "About 30 members participated on ... More

    PRIVATE BANKS


    ICICI Bank plans to go global
    ICICI Bank is ready to enter the global market with investment plans of $100 million. ``In the next six months, the bank will have subsidiaries in London and Toronto, an offshore banking unit in Singapore and representative offices in Shanghai ... More
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    CCIL sees Rs 1.35-cr volume on first day of FX-Clear trade


    IMG okays US firm appointment for BPCL's ADR issue

    Farmers are good credit-risk, but...
    Major pick-up in crop loans unlikely: Bankers


    TDSAT final verdict on WLL controversy today

    Q1 spices export down by Rs 40 cr

    Cola companies seek to instil confidence

    `Better corporate governance need of the hour'

    Infosys, Wipro, TCS, Cognizant rated positive

    In Focus
    The Cable tangle
    Pakistan Diary
    Indo-Pak Monitor
    Indo-China Relations
    Telecom Competition

    In Depth
    In Kashmir
    Simple Economics
    Slowburn
    Tax Talk
    NRIs & Investment Avenues
    Corporate Governance

    Looking back
    Jul. 27-Aug. 2
    Forex reserves rise $844 m

    PSBs shelve capital rejig plans

    Nomination facility for NBFC depositors

    Seals pacts with staff, officers unions — SBI set to go ahead with IT plans, transfers

    PSBs' education loans up 71 pc last fiscal

    Bank of Baroda Q1 net up 34 pc

    NBFCs allowed into repo market

    New age pvt banks not shy of SMEs

    RBI uneasy over unhedged dollar exposures

    Varishtha Pension plan — Jaswant wants better response from rural areas


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