Financial Daily from THE HINDU group of publications
Friday, April 21, 2006
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Financial Daily from THE HINDU group of publications Friday, April 21, 2006 |
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MONEY & BANKING FOREX 
Rupee flat against dollarThe rupee continued to be flat against the US dollar on Thursday, as buying by oil companies were matched by supplies. The rupee opened at 45.10/11 and moved in the 45.10-45.17 range. It ended trade at the same levels, almost ... More INSURANCE Disclosures to be must for insurers soon IRDA working on financial details More CREDIT POLICY 
Chidambaram welcomes monetary policy`Incomplete pass through of fuel prices a cause for concern' More LIFE INSURANCE ICICI Pru mulls `health-savings' product ICICI Prudential Life Insurance is planning to bring in a health insurance product that would also have a "savings element" built into it. If it does bring out the product, the company may well be the first to do so in India. Usually standalone ... More GENERAL INSURANCE Insurers get ready for deregulation of tariffs De-tariffed regime expected to come into effect from January More GOVT BONDS Bonds down on profit-booking Bond prices fell by about 30 paise from Wednesday's levels due to profit-booking as the RBI announced the auction of two government securities for Rs 6,000 crore and Rs 4,000 crore on April 25. "Today there was profit booking as ... More RESTRUCTURING Post-write off, United Bank plans revamp The Union Government's decision to write off United Bank of India's (UBI) accumulated loss of Rs 278.44 crore has come as a big relief to bank management. "It is a positive development", Mr P.K. Gupta, CMD of the bank, told Business ... More SHORT TERM INSTRUMENTS Call rates unchanged at 5.5-5.6 pc Call rates were unchanged at 5.5-5.6 per cent. In the one-day reverse repo auction, under LAF, the RBI received and accepted 36 bids amounting to Rs 28,520 crore in the first auction and 31 bids for Rs 29,185 crore in the second. ... More FIXED DEPOSITS Canara Bank ups NRE deposit rates Canara Bank has revised upward the interest rates on NRE term deposits with effect from April 18. The new rate for deposits with a tenure ranging from one year to three years will be 6.30 per cent. The existing rate is six per ... More
Karnataka Bank NRE deposit rates ALLIANCES & JOINT VENTURES BoI signs pact with Exim Bank Bank of India (BoI) and Exim Bank have agreed to assist each other in areas of common business interest. Mr M. Balachandran, CMD, BoI and Mr T.C. Venkat Subramanian, CMD, Exim Bank have signed a memorandum of cooperation to collaborate on a ... More Cross Currency Rates Advt Links: • New York urban nature • A Nice and Cozy Hotel in Bruges • Flash Templates • Fair Guide • Construct Data • About:Blank • tax deductions • Tanning Beds • Personal Computing resources • Hawaii Vacations - Hanalei Bay Resort • Business Health Insurance Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
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Looking back Apr. 9-Apr. 15 A `Dollar' coin in India! Bonds firm up on increased liquidity Insurance cos bullish on unit-linked plans IDBI Bank doubles infrastructure exposure |
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