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Monday, January 26, 2004

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MONEY & BANKING

DEBT MARKET
Pressure on RBI eases as cos prepay forex debts
BOND yields hardened last week as events in the equity markets and inflationary concerns dominated sentiment. Traders said that some of major banks, especially private sector and foreign banks, which operate the bulk of the foreign ... More

RBI & OTHER CENTRAL BANKS
RBI sets up panels to examine States' infrastructure projects
The RBI Governor urged the States to adopt the model Fiscal Responsibility Bill, both in letter and spirit. More

PRIVATE BANKS
ICICI Bank puts ATM on wheels in Kerala
ICICI Bank introduced its first ATM on wheels in the State here, which is also the second of its kind in the country. Speaking at the inauguration of the ATM, Ms Lalita D. Gupte, Joint Managing Director of the bank, said: "ICICI Bank's Mobile ... More

HDFC Bank opens branch in Coimbatore
THE second branch of HDFC Bank was inaugurated in Coimbatore recently, taking its branch network in the State to 18. It's Regional Business Manager (Andhra Pradesh and Tamil Nadu), Mr C. S. Gopinath, on the sidelines of opening up this branch ... More

NON-PERFORMING ASSETS
DRT, Coimbatore recovers over Rs 100 cr
COIMBATORE: The Debt Recovery Tribunal, Coimbatore has effected substantial recovery of over Rs 100 crore up to December 2003. According to the Nodal Officer, Mr K. Palaniappan, out of the 4,405 cases pending before the DRT, more than ... More


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Looking back
Jan. 18-Jan. 24
Banking on `point of sale' terminals

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Banking stocks tumble on expectation of weak results

PSBs press Govt for equity buyback


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