Financial Daily from THE HINDU group of publications
Monday, July 11, 2005
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Financial Daily from THE HINDU group of publications Monday, July 11, 2005 |
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MONEY & BANKING INSIGHT 
Bond market in India — Shaken, but not stirredFOREX 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 DEBT MARKET 
Insurers go for longs at current yieldsBONDS 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 ratesHYDERABAD: 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 NorthTHE 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 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 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 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 |
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