Financial Daily from THE HINDU group of publications
Wednesday, October 15, 2003
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Financial Daily from THE HINDU group of publications Wednesday, October 15, 2003 |
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MONEY & BANKING FINANCIAL SERVICES Jersey woos Indian business JERSEY, one of the world's major international finance centres has a lot to offer NRIs and resident Indians with global interests and assets. Institutions in the British Channel Island are catering to Indian clientele in larger numbers in ... More FOREX Rupee down 27 paise; gilts rally further MUMBAI: The rupee closed 27 paise lower at 45.69/70 against the dollar on Tuesday, down from Monday's close of 45.42/43. With the US markets closed on Monday on account of Columbus Day, there were no fresh supplies of the greenback in the ... More INFORMATION TECHNOLOGY `Banks could leverage IT for business growth' Information technology has helped Indian banks in product innovation and differentiation along with retaining customers. However, compared to the 9 per cent of revenues invested in IT by the banking sector globally, Indian banks channelise a ... More LIFE INSURANCE ICICI PruLife's bancassurance pact ICICI Prudential Life Insurance has tied up with four more banks for its bancassurance business — The Goa State Co-operative Bank, Jalgaon People's Co-operative Bank, Indoor Paraspar Sahakari Bank, and Manipal State Co-operative Bank — ... More
Birla Sun returns outperform benchmark indices GENERAL INSURANCE Film cover yet to gain flavour "The products will do well in the future, with the corporatisation of film-producing firms. Ten films have come up for insurance. The Tamil Nadu Film Producers Association had come forward to discuss the product with United India". More RBI & OTHER CENTRAL BANKS Banks miffed at RBI's curbs on OBUs " The whole purpose of having offshore banking units is being made redundant". More PUBLIC SECTOR BANKS FINANCIAL INSTITUTIONS Hudco agrees to reopen lending window THE State Government has reached an understanding with the Housing and Urban Development Corporation (Hudco) under which the latter will reopen the lending window to those undertakings that have repeatedly defaulted in making loan repayments. ... More INTEREST RATES End game in global rate-cutting cycle THE global economy is reaching the end of the road as far as interest rate cuts are concerned. Starting from January 2001, the US Federal Reserve and guardian of monetary policy in the world's biggest economy has brought down its benchmark ... More GOVT BONDS ALLIANCES & JOINT VENTURES LIC, Corpn Bank cooperation MANGALORE: The Chairman of Life Insurance Corporation (LIC) of India, Mr S.B. Mathur, who met the Chairman and Managing Director of Corporation Bank, Mr K. Cherian Varghese, here discussed about enlarging various areas of business ... More Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
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Top Stories In Focus Cola Controversy The Cable tangle Indo-China Relations Telecom Competition Oil PSUs: Disinvestment dilemma In Depth Swati CA In Kashmir Simple Economics Slowburn Tax Talk NRIs & Investment Avenues Corporate Governance Looking back Oct. 5-Oct. 11 Asian currencies: New global scapegoats Banks being nudged to rate credit risks Repo, bank rate cut on the cards? Project finance: Investors are still playing safe |
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