Financial Daily from THE HINDU group of publications
Friday, February 25, 2005
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Financial Daily from THE HINDU group of publications Friday, February 25, 2005 |
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MONEY & BANKING FOREX Rupee firms up; bonds in range MUMBAI: Buoyed by substantial dollar supplies, the rupee closed stronger against the greenback at 43.68/69 per dollar on Thursday against its previous closing at 43.7250/7350 on Wednesday. The domestic currency opened at 43.74/75 and ... More SOFTWARE IOB to use `InstaRemit' OBJECTFRONTIER Software Private Ltd has deployed its RTGS (real time gross settlement) Payment Gateway Interfacing Server Solution, InstaRemit, for Indian Overseas Bank. This solution enables the bank to interface TBA (total branch ... More LIFE INSURANCE Kotak Life to replicate Old Mutual model KOTAK Mahindra Old Mutual Life Insurance Limited (Kotak Life Insurance) is replicating the Old Mutual's successful model of business operations in Kerala by appointing full-time life advisers as against the conventional way of employing part-time ... More PUBLIC SECTOR BANKS Sundaram Mutual signs distribution pact with IOB SUNDARAM Mutual Fund has signed a new distribution agreement with Indian Overseas Bank (IOB) that will see the latter distribute the entire range of Sundaram Mutual's products through select branches. IOB operates 1,700 branches throughout the ... More CREDIT MARKET 
Back rural entrepreneurs, banks toldTHE Union Minister of Rural Development, Dr Raghuvansh Prasad Singh, on Thursday called upon the banking industry in the country to bolster rural entrepreneurship to generate income and employment for the rural people, taking advantage of the ... More CONVERGENCE Now, ATMs are not just cash machines ATMs are on their way to becoming quasi banks with many offering value-added services over and above plain vanilla cash withdrawal and deposit. The ATM network in the county is poised for growth in both numbers as well as the services they offer, ... More STANDARDS & BENCHMARKS Banks can meet Basel II capital adequacy norms, says Crisil CRISIL is of the view that banks will comfortably be able to meet the incremental capital requirements for the implementation of the Basel II norms, through internal accruals and fresh capital issuances. If the proposed new capital adequacy ... More Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
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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 Feb. 13-Feb. 19 Forex reserves dip by $806 m Securities rally on surge in liquidity PSBs may be allowed to offer equity abroad — Move to ease norms for roadshows by top brass Fresh Left pressure on FDI cap hike Deloitte to advise PNB on UK subsidiary — Bank's second public offer to open on March 7 |
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