Financial Daily from THE HINDU group of publications
Sunday, May 22, 2005
Financial Daily from THE HINDU group of publications Sunday, May 22, 2005 |
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MONEY & BANKING FOREX Forex reserves down by $1.3 b INDIA'S foreign exchange reserves have declined substantially for the third consecutive week on account of currency revaluation and limited foreign institutional investor (FII) inflows. For the week ended May 13, the country's forex reserves ... More INSURANCE IRDA reconstitutes actuarial committee THE Insurance Regulatory and Development Authority (IRDA) has reconstituted the Actuarial Review Committee consisting of senior actuaries. In a statement, the IRDA Chairman, Mr C.S. Rao, said the committee would go through statements, ... More HUMAN RESOURCES SBI ready to offer performance-driven incentives: Purwar STATE Bank of India will offer fiscal incentives to officers of the rank of branch manager and assistant general manager who achieve specific targets based on certain criteria. A performance-driven incentive proposal in this regard was approved ... More RBI & OTHER CENTRAL BANKS RBI asks banks to compenstate for delay in payment of interest on bonds THE Reserve Bank of India has asked commercial banks to compensate savings bond or relief bondholders for the loss they incur if the interest warrant or maturity value of their investment is credited late, said a press release. The ... More FINANCIAL INSTITUTIONS Srei Capital to work for Assam, Guwahati civic bodies SREI Capital Markets Ltd, a member of the Srei Infrastructure Finance Group, has received the mandate from the Assam Urban Water Supply and Sewerage Board for financial advisory work relating to resource mobilisation and institutional ... More SHORT TERM INSTRUMENTS RBI plans to raise Rs 2,500 cr under MSS THE Reserve Bank of India has proposed to raise Rs 2,500 crore through the auction of 364-day and 91-day treasury bills under the Market Stabilisation Scheme. Of this Rs 1,500 crore will be raised through the auction of 91-day T-bills, while ... More CREDIT CARDS & DEBIT CARDS 
Credit card-insurer tie-upCREDIT card-linked insurance plans falling as they do in the category of unsecured loans, the opening and operation of credit cards obviously require lenders to resort to supplementary risk mitigation strategies, such as insurance. HSBC and ... More FIXED DEPOSITS City Union Bank: Attractive Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
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Looking back May. 15-May. 21 Pvt banks as RRB sponsors seems a good bet Shriram group picks S. African partner for life insurance foray PSBs suffer 9% dip in profits, see rise in lending Forex reserves fall $423 m Banks to get more leeway in call money market |
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