![]() Financial Daily from THE HINDU group of publications Friday, June 03, 2005 |
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MONEY & BANKING FOREX Rupee recovers; bond prices up MUMBAI: The rupee recouped some of its losses against the dollar on Thursday. The domestic currency opened at 43.75/76, hit an intra-day high of 43.6650/6750, before finally closing the day at 43.68/69, up from Wednesday's close at ... More CONSUMER FINANCE
MS launches Windows Starter Edition with PC at Rs 18,900IN a move to target the first time users and make PCs more affordable, Microsoft today announced the launch of its personal computer with Windows XP Starter Edition in Hindi, priced at Rs 18,900, in India. It has tied-up with the State Bank of ... More LIFE INSURANCE ICICI PruLife unveils unit-linked products ICICI Prudential Life Insurance Company has unveiled `Invest Shield', a range of unit-linked products that protect the policyholder's capital with an opportunity to earn market-linked profits. The unit-linked capital guarantee insurance plans ... More PRIVATE BANKS IndusInd Bank opens branch in Madurai INDUSIND Bank has plans to add 15 branches by the first week of June to raise its visibility in the retail-banking sector, said an Executive Vice-President of the bank, Mr Moses Harding, here. Speaking to presspersons, at the inauguration of ... More PUBLIC SECTOR BANKS A birthday wish for SBI IN the banking industry an SBI official commands a premium, being a stride ahead of the crowd. Despite ICICI Bank, SBI and its seven associates continue to be a lap ahead of the pack, having been vetted in the virtues and vices of over 200 years ... More
SBH appointments FIXED DEPOSITS
SBH revises rates on FCNR, NRE depositsSTATE Bank of Hyderabad (SBH) has announced revised rates on FCNR and NRE term deposits, for some tenures downwardly and for many tenures upwardly, with effect from June 1. The revised rates would be operative up to June 30, the bank said in a ... More TRADE & LABOUR UNIONS IBA signs wage pact with unions BANK unions and the Indian Banks Association today concluded the wage agreement, allowing higher pay and payment of arrears for bank employees. As per the recommendations, bank employees will get arrears of wages from November 1, 2002 to May ... More IPOS
Yes Bank fixes IPO price band at Rs 38-45YES Bank has announced that it will enter the capital market with its initial public offer on June 15 to raise Rs 266-315 crore. The issue will close on June 21. Yes Bank will offer seven crore equity shares of Rs 10 face value through a 100 ... More 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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