Financial Daily from THE HINDU group of publications
Saturday, October 22, 2005
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Financial Daily from THE HINDU group of publications Saturday, October 22, 2005 |
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MONEY & BANKING FOREX RBI, institutions cut holdings of US treasuries Since June this year, the RBI and domestic institutions have preferred to remain liquid. The advantage was that holding cash balances allowed the institutions to invest when yields are high and exit when they drop. More
Rupee recovers; bond prices up FINANCIAL PERFORMANCE 
Oriental Bank Q2 net down 23 pc on GTB merger pangsORIENTAL Bank of Commerce has a recorded a net profit of Rs 165 crore for the quarter ended September 30, 2005, a 23 per cent decline compared to Rs 215 crore during the corresponding period in the previous fiscal. Total income increased 28 ... More LIFE INSURANCE Tata AIG premium income up 84% in H1 TATA AIG Life Insurance has reported an increase of 84 per cent in total premium income at Rs 355.50 crore for the half yearly period ending September 30, 2005 against Rs 193.43 crore for the corresponding period in the previous year. The first ... More
PRIVATE BANKS 
Centurion Bank of Punjab to have retail focusCENTURION Bank of Punjab, formed by the merger of Centurion Bank and Bank of Punjab, will focus on increasing its retail business. The bank is looking to earn 75 per cent of its revenues from this segment, said Mr Vivek Vig, Country, Retail Bank, ... More PUBLIC SECTOR BANKS Bank fined MUMBAI: The Reserve Bank of India has imposed a penalty of Rs 5 lakh on State Bank of Indore for violation of instructions in regard to opening of account and monitoring of cash transactions at one of its branches in 2000. In a press ... More CORPORATE BONDS SBI to raise Rs 3,300 cr via bonds STATE Bank of India (SBI) plans to raise up to Rs 3,300 crore through domestic and overseas issue of bonds. The bank would be issuing five-year unsecured bonds on private placement basis by end of this quarter or early next quarter. The ... More CREDIT CARDS & DEBIT CARDS UTI Bank to offer credit card AFTER having built up a strong debit card base, UTI Bank is set to enter the credit card business. The bank has finalised plans to launch its credit cards some time in the next quarter, according to Dr P.J. Nayak, Chairman and Managing ... More Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
Top Stories In Focus Indian Aviation: Sky is the limit Stock splits India Inc's bonus bonanza Dabhol power regenerated Sethusamudram Canal Project India Inc's overseas acquisition
In Depth Gender Justice Simple Economics Tax Talk
Looking back Oct. 9-Oct. 15 European Central Bank likely to raise interest rate by 25 basis points Forex reserves up $42 m Bond yields harden on rising credit demand IRDA beefing up inspection To meet credit demand growing at over 33 pc — Banks find CBLO route attractive Govt to float bonds to fund small hydel power projects UTI Bank net rises to Rs 109 cr in second quarter |
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