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MONEY & BANKING
LIFE INSURANCE
LIC Jeevan Plus
After Life Insurance Corporation decided to close sales of its first unit-linked product, Bima Plus, it launched another product to plug the gap. Called Jeevan Plus, the product is a whole-life unit-linked plan.Here are some of the key features ...
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PRIVATE BANKS
ICICI Bank: Aggressively priced
AN INVESTMENT in the public offer of ICICI Bank can be avoided for now. The offer is aggressively priced relative to its past financial performance. The valuation is also higher vis-a-vis to that of many of its peers. Growing at a healthy ...
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CREDIT MARKET
Equity market dwarfs banks as India Inc's source of finance
BETWEEN April and October 2005, Indian companies mobilised Rs 51,459 crore through public offers, rights issues and private placements. In contrast, through financial year 2005, Banks lent Rs 42,976 crore to medium and large industries as a ...
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TRENDS
The postman will fetch bank loan too!
Banks agreed to pay post office Rs 600 per loan sanctioned, irrespective of amount.
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