Financial Daily from THE HINDU group of publications
Wednesday, September 07, 2005
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Financial Daily from THE HINDU group of publications Wednesday, September 07, 2005 |
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MONEY & BANKING INSIGHT 
Looking back on the Greenspan eraTHE outpouring of praise grows louder and louder as we near the end. The last but one week-end saw central bankers assemble at Jackson Hole in the US for their annual reunion. (Wonder if Third World Governors get a look-in). It was the last ... More FOREX Rupee weakens; bond prices up MUMBAI: The rupee weakened against the greenback on Tuesday on account of dollar buying. The domestic currency opened at 43.83/84 and touched an intra-day low of 43.95. It recovered slightly to close at 43.89/90, down from Monday's 43.81. ... More SOFTWARE Wipro to implement Oracle solution for Karnataka Bank WIPRO Infotech announced on Tuesday that it has signed a contract with Karnataka Bank for the implementation of a solution for asset liability management. Wipro will deploy Oracle's financial services application for the purpose, which will ... More LIFE INSURANCE LIC aims for 15 lakh Bima Gold policies in South Central Zone THE Life Insurance Corporation of India (LIC) has targeted to sell 15 lakhs of Bima Gold policies, launched by the Prime Minister to mark its Golden Jubilee, in the South Central Zone. The zone comprises Andhra Pradesh and Karnataka. Overall, ... More
Govt notifies 5-year agreement — LIC employees to get 13.3 pc wage increase GOVT BONDS Govt stock sale MUMBAI: The Reserve Bank of India has set Re 0.3 per Rs 100 as the commission for primary dealers to underwrite bids for the auction of 5.69 per cent Government Stock 2018, said a press release on Tuesday. The RBI announced the sale ... More CREDIT MARKET Rs 2 cr loan for retail segment from PNB (Aluva) KOCHI: Punjab National Bank has disbursed Rs 2-crore loans under retail segment at a function held in Aluva. Beneficiaries from nearby places such as Angamaly and North Parur also attended the function. Speaking on the occasion, Mr R.S. ... More
Banks can extend gold loans to jewellers: RBI SHORT TERM INSTRUMENTS T-bills auctions fully subscribed THE auctions of the 91-day and 182-day Treasury Bills were fully subscribed, according to a press release from the Reserve Bank of India. The notified amount for the 91-day T-Bill was Rs 4,000 crore, out of which Rs 3,500 crore is Market ... More CREDIT CARDS & DEBIT CARDS 
Max Healthcare, ABN-Amro launch Wellness Credit CardMAX HEALTHCARE on Tuesday launched the Wellness Credit Card in association with ABN-Amro Bank.The credit card would enable customers to avail themselves of a complementary screening package across any of the Max Healthcare facilities in Delhi ... More TRADE & LABOUR UNIONS LIC unions against VRS plan THE employees unions of LIC would oppose any plans to bring about a voluntary retirement scheme (VRS) to reduce its staff strength. "We are totally opposed to it," Mr B.S. Rawat, Joint Secretary, All India LIC Employees Federation, said, ... More TRENDS Tech upgradation, rising advances, slack deposit growth — More banks tapping markets here and abroad for funds IN the backdrop of a slowdown in deposit growth, many banks are raising funds from overseas and domestic equity and debt markets in order to meet increasing advances and to shore up capital to meet Basel II norms. Analysts say that banks need ... More Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
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Top Stories In Focus BHEL Disinvestment The Yuan Revaluation Dabhol power regenerated Tracking the rains Sethusamudram Canal Project India Inc's overseas acquisition
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Looking back Aug. 28-Sep. 3 Forex reserves fall by $1 b Yields set to harden on RBI signals Getting banking priorities right RBI notification on dual pricing not to impact hotels' margins SBI to buy 2 banks in Asia, Africa region — Deal to be finalised in 6-8 weeks Change in functioning of IRDA's tariff advisory panel on cards PSBs opt for leveraging fixed assets to raise funds LIC to invest Rs 9,000 crore more in equities this fiscal — No plans for public issue, says Chairman |
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