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Sunday, June 13, 2004

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MONEY & BANKING

FOREX
Forex reserves down $142 m
THE country's foreign exchange reserves declined by $142 million for the week ended June 4.The drop in the reserves is largely on account of revaluation of gold reserves held by the RBI , which depleted by $217 million, said a foreign exchange ... More

PUBLIC SECTOR BANKS
Canara Bank cancels EGM
CANARA Bank has cancelled its extraordinary general meeting (EGM) slated for June 21. According to a bank release, the meeting was cancelled since all the four directors have been appointed. The meeting was called to elect four directors ... More

GOVT BONDS

  • T-bills auction

    FIXED DEPOSITS
    SBT raises rates on FCNR deposits
    STATE Bank of Travancore has raised its interest rates on foreign currency non-resident (FCNR) deposits made for periods from one to three years. The revised interest rates will come into force on June 14 and will be applicable to all term ... More


    Cross Currency Rates



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  • Top Stories
    Paswan proposes steel regulatory commission


    PF defaults go up 14 pc

    Forex reserves down $142 m

    Record global oilseeds crop likely in 2004-05

    Looking back
    Jun. 6-Jun. 12
    Wage issue: Bank officers' union threatens strike

    Forex reserves up $1.248 b

    Bond markets yet to catch FM tune

    Interest rates set to harden

    Market overpricing Fed tightening?

    IRDA cautions insurers on bonus practices

    Climate changes could impact business practices

    Bringing key-man insurance back to life

    RBI mulls allowing investments in overseas index funds


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