Financial Daily from THE HINDU group of publications
Monday, July 11, 2005
Forex Rates
Forex Trends Euro |USD |Forex Report |

News
Features
Stocks
Port Info
Archives
Google

Subscription

Group Sites

MONEY & BANKING

INSIGHT


Bond market in India — Shaken, but not stirred
THE WINDS of liberalisation sweeping the bond market and attracting foreign institutional investors (who can hold 30 per cent of their portfolios in fixed income instruments) are also making it choppy with changes in ... More

FOREX


Interpretation of forex translations
S. Gopalakrishnan discusses the application of AS 11 to a few situations of forward contracts More

HOUSING FINANCE


HDFC bets on higher disbursals in TN
THE real estate boom witnessed by Coimbatore looks sustainable with the city expected to benefit from the entry of software companies. HDFC, which recorded a 34 per cent growth in its business here last year, expects to continue the momentum ... More

LIFE INSURANCE


LIC adjudged most preferred insurance co
RESEARCH firm AC Neilson ORG MARG has adjudged Life Insurance Corporation of India (LIC) as `the most preferred life insurance company in the country'. It conducted a survey for the channel `Awaaz' in which 7,000 respondents from 21 cities ... More

Micro insurance system soon
THIRUVANANTHAPURAM: The Insurance Regulatory and Development Authority (IRDA) is working on the introduction of a micro insurance system for a minimum Sum Assured of Rs 10,000. The Life Insurance Corporation of India (LIC) conveyed this ... More

DEBT MARKET


Insurers go for longs at current yields
BONDS went into a tailspin last week driven by credit demand and uncertainty over the direction of international oil prices. Also, there was some panic after the bomb blasts in London. However, there was little effect on the domestic bond ... More

PUBLIC SECTOR BANKS


Pay hike on cards for PSU banks' top brass — Performance-based incentives also likely
THE Government might soon spring a pleasant surprise to the top brass of public sector banks. The next autonomy package, under discussion within the Finance Ministry, could gift-wrap a new remuneration structure for the chief executives and ... More

INTEREST RATES


Andhra Bank hikes NRE deposit rates
HYDERABAD: Andhra Bank has announced an upward revision in its interest rates on NRE rupee and Savings Bank NRE accounts with effect from July 1. The rate applicable for the quarter July-September has been raised to 3.7 per cent (3.4 ... More

GOVT BONDS


Bank of Baroda shifts Rs 6,174 cr G-Secs to HTM category
BANK of Baroda has shifted Government securities worth Rs 6,174 crore from `Allowed for sale' category to `Held to maturity' (HTM) category during the first quarter 2005-06. This is as per the Reserve Bank of India norms, allowing such shifting ... More

INTERVIEW


Karnataka Bank plans to open 10 branches in North
THE Chairman and Chief Executive Officer of Karnataka Bank, Mr Anantakrishna, will be completing his fifth year in office on Wednesday. He sees opportunity in expanding credit to small and medium enterprises. In an interview to Business ... More

EVENTS


Officials recount Thrissur stories
IT was a time to unwind, recollect and savour stories of their old days in Thrissur for some top bureaucrats of the country. "I landed at the Thrissur Railway Station burdened by a steel trunk, a bed roll and a tennis racquet over 30 years ... More

CO-OPERATIVES


Co-op conference on July 16, 17 in Hyderabad
THE Andhra Pradesh State Co-operative Union and the Andhra Pradesh Co-operative Urban Banks' Federation are jointly organising a State-level seminar in Hyderabad on July 16 and July 17 to discuss the problems afflicting the sector. Mr P. ... More

Karnataka State Apex Co-op to revive 4 sick banks
THE Karnataka State Apex Co-operative Bank has taken initiatives to revive four sick district central co-operative banks in the State, according to its Chairman, Mr M.N. Rajendra Kumar. Addressing presspersons here, Mr Kumar said that efforts ... More

TRENDS


`Size, risk management vital for banks in future'
OUTLINING the future scenario of the Indian banking industry, Mr V. Leeladhar, Deputy Governor of the Reserve Bank of India, said that the future belonged to a small number of large banks and not to a large number of small banks. Addressing ... More


Comments & Letters to the Editor to: bleditor@thehindu.co.in
Subscribe to: Business Line
Pick a Winner Stock Market Contest

Top Stories
Now outsource thinking, a la Virtusa


IOC, IBP boards to decide on swap ratio for proposed merger

Amul targets Rs 150-crore export turnover

`Size, risk management vital for banks in future'

Lankan pepper imports taking toll on local trade

JNPT: Contained in controversy

No active following for passively managed funds

In Focus

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

In Depth

Gender Justice
Simple Economics
Tax Talk
More

Looking back
Jul. 3-Jul. 9
Banks asked to adopt policy for risk exposure to real estate sector

Banks see rise in revenue from cross-selling retail products

Rupee against dollar — It's fundamentals versus sentiment

Forex reserves enough to meet 14 months' imports

Banks find NPA recovery more gainful than sale to ARCs

Banks getting finer rates on overseas loans


The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | Business Line | The Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright 2005, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line