MONEY & BANKING
FINANCIAL SERVICES
LIC agents seek more welfare measures
THE Life Insurance Corporation Agents' Organisation of India (LICAOI) has said that the recognition of LIC agents as an `insurance army' working for the corporation is seldom taken note of by the authorities who are unmindful to the plight of ...
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DEBT MARKET
Bankrolling of Govt borrowings slackening
BANKS have always funded most of the government borrowings. Regulatory requirements on banks to invest in Government paper and Government ownership in banks have combined to fuel a cosy and incestuous relationship. At the end of March 2003, ...
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Bond traders cautious as FIIs begin offloading
'The liquidity mop-up through the MSS signalled that the RBI was not prepared to allow yields to soften'.
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INTEREST RATES
Rates should take a breather for now
TAKING a call on the interest rate outlook for 2005 looks very difficult. There does not seem to be much clarity on the overall trend in the medium term. The economic data that has been coming out is pretty strong. A brief look at the table ...
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INTERVIEW
SAS Institute targets public sector banks
"SAS's initial focus will be on the top two or three public sector banks that have an extensive core banking infrastructure. Several PSU banks have floated enquiries about business intelligence."
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CO-OPERATIVES
Prudential liquidator assures early settlement
THE official liquidator appointed by the Reserve Bank of India for the Prudential Cooperative Urban Bank has said that the latter's branches would be open from Monday to facilitate access to lockers and assured that apex bank has promised to ...
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Cross Currency Rates
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