Financial Daily from THE HINDU group of publications
Monday, January 24, 2005
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Financial Daily from THE HINDU group of publications Monday, January 24, 2005 |
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MONEY & BANKING CONSUMER FINANCE 
Big chunk of personal loans is against FDsPersonal loans grew more rapidly. Personal loans' outstanding in 2004 was more than three-and-a-half times than their 1996 levels. Housing loans increased from Rs 6,000 crore to Rs 52,000 crore. The increase in loans for consumer durables was ... More DEBT MARKET 
FIIs' selling rattles bond marketThe undertone was weak, evident from the low trading volumes, at barely Rs 2,000 crore. More PUBLIC SECTOR BANKS New autonomy package for PSU banks on cards — Exercise to depend on good corporate governance practices The freedom on branch opening will come as major relief to banks since, currently, they have to hold a valid licence from the RBI before expanding their network. More NON-PERFORMING ASSETS Asset Reconstruction Co takes over KMCL's sponge iron unit ASSET Reconstruction Company India Ltd (ARCIL) has taken possession of the sponge iron plant of Kumar Metallurgical Corporation Ltd (KMCL), the city-based ailing enterprise that defaulted in payment of interest and principal instalments of loans ... More ALLIANCES & JOINT VENTURES TMB ties up with HDFC Bank MADURAI: The Tamilnad Mercantile Bank (TMB) has entered into a tie-up with HDFC Bank to offer TMB-h-DD and TMB-h-Collection facilities, in all HDFC Bank locations. According to the TMB Deputy General Manager (Business Development), Mr S. ... More Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
Pick a Winner Stock Market Contest
Top Stories In Focus BHEL Disinvestment The Yuan Revaluation Dabhol power regenerated Tracking the rains Sethusamudram Canal Project India Inc's overseas acquisition
In Depth Gender Justice Simple Economics Tax Talk
Looking back Jan. 16-Jan. 22 Forex reserves decline $2 b on revaluation of currencies FCI to float bonds to raise Rs 1,000 cr NHB to launch housing index Market participants upbeat on banking stocks Tough laws a cover for poor supervision? IDBI, Bank share swap ratio fixed at 100:142 With increase in credit offtake — PSBs not keen to return capital to Govt |
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