Financial Daily from THE HINDU group of publications
Monday, July 04, 2005
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MONEY & BANKING

FOREX


Rupee against dollar — It's fundamentals versus sentiment
If some external shock does shake the complacency, then the market is vulnerable to a big correction. More

LIFE INSURANCE


Maharashtra to launch special insurance scheme for women
THE Maharasthra Government proposes to launch a unique insurance scheme exclusively for women in the State. According to Mr Harshavardhan Patil, Minister for Women and Child Development, Maharashtra, the proposed scheme would cover about 1.5 ... More

DEBT MARKET


Insurers buying low-tenor securities
BONDS weakened last week as traders preferred to be cautious on account of soaring international oil prices and buoyant credit offtake. Traders said that insurers continued to be active. Faced with a paucity of high-coupon securities, insurers ... More

PRIVATE BANKS


South Indian Bank mulls GDR issue
THE South Indian Bank is considering a GDR issue as one of the options for raising capital. A decision is to be taken by the bank's board shortly. Dr V.A. Joseph, Chairman, told Business Line that the bank needed to raise capital ... More

FINANCIAL INSTITUTIONS


IRFC raises Rs 1,200 crore via loans, bonds
INDIAN Railway Finance Corporation (IRFC) has raised Rs 1,200 crore from the market, with Rs 700 crore in the form of bank loans and Rs 500 crore through the bond route. While Rs 700 crore has been raised from five ... More

OUTLOOK


Banks see rise in revenue from cross-selling retail products
SELLING multiple products is proving to be a win-win situation for both banks and customers. Leading banks say over 30 per cent of their retail business comes through cross-selling. The advantages for banks are less cost in acquiring ... More


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Top Stories
`Bigger correction is overdue in mid-cap stocks'


International design award for desi slippers

`Acquisitions: Indian cos outperform foreign firms'

Banks see rise in revenue from cross-selling retail products

Rupee against dollar — It's fundamentals versus sentiment

World cotton prices may firm up on lower output

South Gujarat in troubled waters

Yards chock-a-block with orders

In Focus

BHEL Disinvestment
China's revaluation
Dabhol power regenerated
Tracking the rains
Sethusamudram Canal Project
India Inc's overseas acquisition
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In Depth

Gender Justice
Simple Economics
Tax Talk
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Looking back
Jun. 26-Jul. 2
NCR to run cheque truncation pilot project

Plan to hike two-wheeler third party insurance premiums shelved

Bank of Punjab, Centurion merger ratio fixed at 4:9 — New entity to be called Centurion Bank of Punjab

Current account surplus in Q4 — Trade deficit for the year at record $38 b

Govt working on special credit plan for SMEs


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