The Hindu Business Line : Friday, July 14, 2006

FOREX
Rupee slips to 46.33
The rupee touched a low of 46.33 on account of heavy demand from several oil companies. The domestic currency opened at 46.28/29 and was in the range of 46.27-46.29, to finally close at 46.33. On Wednesday, the rupee closed at ... More

FINANCIAL PERFORMANCE
UTI Bank Q1 net rises 30 pc
Driven by higher earnings, UTI Bank reported a 30 per cent rise in its first quarter net profit at Rs 120.55 crore, up from Rs 92.63 crore in the year-ago period. Dr P.J. Nayak, Chairman and Managing Director, UTI Bank, said the bank could ... More

GENERAL INSURANCE
ICICI-Lombard going strong on new premium accretions
Clocks 84 pc growth with contributions of Rs 270 cr in two months More

DEBT MARKET
Slight rise in bond prices
Bond prices saw a slight rise due to some value buying by PSU banks. Traded volumes also increased marginally to Rs 1,545 crore on the order matching system. Dealers said that investors, and not traders, were buying in the ... More

RBI & OTHER CENTRAL BANKS
New Rs 1,000 denomination notes
The Reserve Bank of India (RBI) will soon issue Rs 1,000 denomination banknotes with inset letter `L' in both numbering panels in the Mahatma Gandhi series bearing the signature of Governor, Dr Y.V. Reddy. Except for the change ... More

PRIVATE BANKS
ICICI Bank launches new initiative in micro-finance
FINO to provide technological solutions and services to finance providers More

SHORT TERM INSTRUMENTS
Call rates stay unchanged
Call rates remained unchanged between 5.75 per cent and 5.85 per cent. In the first one-day reverse repo auction under LAF, the Reserve Bank of India received and accepted 30 bids amounting to Rs 31,685 crore and in the second ... More