The Hindu Business Line : Monday, February 21, 2005

Chancellor Gordon Brown for the World Bank?
THE term of the World Bank President, Mr James Wolfensohn, is coming to an end in a few months' time. Speculation is rife that the post may be offered to Chancellor Gordon Brown of the UK, breaking a tradition that the ... More

SMALL SAVINGS

Small savings nearing record in Kerala
THIRUVANANTHAPURAM: Kerala is closing in on a record Rs 3,500 crore in collection by way of small savings under the National Savings Scheme this financial year, an official spokesman quoted a visiting Mr Anil Bhattacharya, Chief of the ... More

DEBT MARKET

Bonds firm on liquidity, inflows to bank deposits
Corporates have increasingly begun parking their funds in time deposits of banks as part of their treasury management. More

PRIVATE BANKS

TMB sanction for windmills
MADURAI: The Tamilnadu Mercantile Bank is promoting the setting up of windmill units to augment the sources of energy for generation of electricity. According to the TMB General Manager (Operations), Mr P.R.Varadharajan, the bank has so ... More

PUBLIC SECTOR BANKS

SBT in pact with Kuwait exchange
STATE Bank of Travancore (SBT) has entered into a rupee drawing arrangement with UAE Exchange Centre in Kuwait. Under the arrangement, non-resident Indians in Kuwait can make remittances to more than 300 designated branches of SBT in India ... More

PNB to open more branches in Kerala
KOCHI: Punjab National Bank (PNB) plans to open more branches in Kerala this financial year. The bank has got licences to open more branches in the State and branches at Vyttila and Aluva in Ernakulam district will come up this fiscal ... More

INTERVIEW

`SBI keen on local, global acquisitions'
STATE Bank of India recently acquired a bank in Mauritius and is looking for similar buyouts in Asia and Africa. While aggressively pursuing this global growth strategy, the country's largest bank is also scouting for suitable takeover targets ... More

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