![]() Financial Daily from THE HINDU group of publications Thursday, October 30, 2003 |
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MONEY & BANKING FOREX Rupee closes steady; bonds buoyant MUMBAI: The rupee closed steady on Wednesday at the previous day's closing levels of 45.32 against the dollar in a flat forex market. Dealers said that there was no demand for the greenback and the domestic currency remained ... More NBFCS Madras HC orders benefit fund ex-directors' arrest THE Madras High Court has directed the Chennai Police Commissioner to immediately arrest K. SP. B. Shunmugham and V. Harshavardhan, former directors of the Chennai-based Alwarpet Benefit Fund Ltd, who were facing criminal charges for having ... More
RBI caps rates on NRE deposits with NBFCs CONSUMER FINANCE Corpn Bank, HMT pact MANGALORE: Corporation Bank on Wednesday signed a memorandum of understanding (MoU) with HMT Ltd to collaborate with it for financing tractors to farmers. Mr A. Mohan Rao, General Manager of the bank, and Mr S.K. Welling, Executive ... More
GENERAL INSURANCE ESIC plans corpus fund in TN MADURAI: The Employees State Insurance Corporation (ESIC) has proposed to set up a corpus fund to provide its hospitals in the State with better infrastructure. According to Mr A.S. Meeran, Joint Director, the ESIC hospitals, under the ... More CREDIT MARKET Why can't Nabard be rural credit bank? AT the level of the Cabinet Secretariat in New Delhi, a paper is being prepared to set down ways to reach credit to the unorganised sector largely dependent on moneylenders. It is a quiet admission of poor credit flows to the needy in the ... More CO-OPERATIVES Prudential Coop. depositors' plea HYDERABAD: The depositors' association of the crisis-ridden Prudential Co-operative Bank have demanded the payment of due interest on fixed deposits, operation of savings bank and current accounts to instil confidence among account ... More Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
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Top Stories In Focus The Cable tangle Telecom Competition Oil PSUs: Disinvestment dilemma In Depth Swati CA In Kashmir Simple Economics Slowburn Tax Talk NRIs & Investment Avenues Corporate Governance Iraq Diary Looking back Oct. 19-Oct. 25 NRIs eyeing bond market Banks hold gilts much in excess of SLR Corporates rush for rupee options States warming up to fiscal responsibility PLR: Will RBI answer IBA's prayers in Credit Policy? |
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