Financial Daily from THE HINDU group of publications
Sunday, May 29, 2005
Financial Daily from THE HINDU group of publications Sunday, May 29, 2005 |
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MONEY & BANKING OUTSOURCING RBI plans norms for outsourcing banking activities THE Reserve Bank of India may issue regulatory guidelines for outsourcing of banking activities. The bank is now working with the Indian Banks' Association in this regard, said Ms Shyamala Gopinath, Deputy Governor, RBI, here on Saturday. Ms ... More FOREX Forex reserves down $520 m THE country's foreign exchange reserves have declined for the fourth consecutive week on account of currency revaluation and limited foreign institutional investor inflows. For the week ended May 20, the country's forex reserves fell by $520 ... More STOCKS State Bank of India: Buy FRESH investments in the stock of State Bank of India can be considered. The stock is trading below its book value, if we consider the consolidated balance sheet. The valuation is thus appealing and can deliver attractive returns for investors ... More CREDIT MARKET Bank credit up Rs 9,698 cr MUMBAI: Gross bank credit increased by Rs 9,698 crore to touch Rs 11,37,132 crore for the fortnight ended May 13, according to RBI's Weekly Statistical Supplement. This is inclusive of food credit, which increased by Rs 2,607 crore to ... More SHORT TERM INSTRUMENTS RBI plans to raise Rs 2,500 cr via T-bills MUMBAI: The Reserve Bank of India has proposed to raise Rs 2,500 crore through the auction of 91-day and 182-day Treasury Bills under the Market Stabilisation Scheme, said an RBI press release. Of this, Rs 1,500 crore will be raised ... More CREDIT CARDS & DEBIT CARDS ABN Amro's Freedom Credit Card Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
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Looking back May. 22-May. 28 RBI decision to drop MIFOR needs relook 10-year yields dip as corporates are back MIFOR exit will narrow options on risk management Pension reforms urgent, says World Bank Private banks slip on farm loan target, face RIDF option Indian Bank IPO in September |
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