Financial Daily from THE HINDU group of publications
Saturday, May 28, 2005
Financial Daily from THE HINDU group of publications Saturday, May 28, 2005 |
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MONEY & BANKING FOREX Salem Steel, Calcutta Mint may make Bangladesh taka THE Bangladesh taka may soon be manufactured in India. While the stainless steel coin blank will be supplied by Steel Authority of India, the taka coins will be minted by a wing of the Reserve Bank of India. The Salem Steel Plant, a significant ... More
Rupee range-bound; bond market listless FINANCIAL PERFORMANCE 
Karur Vysya net dips to Rs 105 crKARUR Vysya Bank has declared 100 per cent dividend for the second year in a row. This decision was taken at its board meeting in Karur on Friday. The KVB Chairman, Mr P.T. Kuppuswamy, said the net profit for the fiscal ended March 2005 ... More HOUSING FINANCE BHW Birla records 136% growth in disbursements BHW Birla Home Finance Ltd on Friday announced 136 per cent growth in disbursements last fiscal at Rs 511 crore. In 2005-06, the company proposes to continue the growth tempo and targets to cross the Rs 1,200-crore mark. Also on the anvil is ... More GENERAL INSURANCE Royal Sundaram Insurance posts 33 pc drop in profits ROYAL Sundaram Alliance Insurance Company has reported a 33 per cent drop in profits at Rs 5.4 crore, (Rs 8.1 crore), in its fifth year of operations ended March 31, 2005. The dip came despite a 28 per cent growth in premium income at Rs 335 ... More PRIVATE BANKS Soiled notes exchange counter at UTI Bank (Begumpet) HYDERABAD: The Reserve Bank of India jointly with UTI Bank is arranging a special cash counter at the latter's Begumpet branch on Sunday from 10 a.m. to 2 p.m. for exchange of soiled/defective notes and distribution of coins for the ... More
HDFC Bank to focus on `quality' growth PUBLIC SECTOR BANKS Canara Bank to open one more branch in Mumbai CANARA Bank will open on Saturday a branch in Dahisar (West).This will be the bank's 2512nd branch. The branch will focus on `specialised savings' business. It is fully computerised and connected with the national network of the bank. It is ... More
Bangladesh bank team visits SBH
SBI, Corpn Bank in ATM pact FOREIGN BANKS 
HSBC has big plans for India — Insurance venture, NBFC foray, outsourcing centre on cardsHSBC Group, which currently offers insurance broking service in India, plans to start a full-fledged insurance business in the country. According to Mr Stephen K. Green, Group Chief Executive, HSBC Holdings Plc, the Group is interested in ... More IPOS 
Indian Bank IPO in SeptemberINDIAN Bank has proposed to come out with an IPO later this year. The Government's stake in the bank, now at 100 per cent, will be reduced to 70 per cent after the offer. Indian Bank expects to mobilise substantial Tier I capital with the ... 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 China's 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 May. 15-May. 21 Forex reserves fall $423 m Banks to get more leeway in call money market PSBs suffer 9% dip in profits, see rise in lending Shriram group picks S. African partner for life insurance foray Pvt banks as RRB sponsors seems a good bet |
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