Business Daily from THE HINDU group of publications
Wednesday, October 04, 2006
ePaper
Forex Rates
Forex Trends Euro |USD |Forex Report |


News
Features
Stocks
Cross Currency
Shipping
Archives
Google

Subscription

Group Sites

MONEY & BANKING

INSIGHT
Flatter US yield curve ahead?
Voices predicting a US recession are growing louder by the day. Their view has been buttressed by the rash of weak data on several fronts - housing, jobs, consumer confidence (though it has picked up in the latest survey), business activity, ... More

A code for banks
The Code obliges banks to be fully accessible to customers at all times and emphasises good and fair banking practices and transparency of operations. More

FOREX
Rupee strengthens
The rupee strengthened against the dollar on Tuesday on good supplies. The currency opened at 45.86/88 to end the day at 45.75, up from Friday's 45.93/94. Forex dealers said the rupee was tracking the movement of the other ... More

HOUSING FINANCE
Corporation Bank's home loan utsav
Corporation Bank will conduct `Home Loan Utsav' from October 3 to November 2. As part of this, the bank has slashed interest rate on home loans by 0.5 per cent for tenures above five years up to and inclusive of 25 years. A ... More

LIFE INSURANCE
LIC registers 150-pc rise in new premium income
Special drive to promote social security schemes More

PRIVATE BANKS
`It's business as usual' at UWB Mumbai Zone
Business as usual. That's how Mr V.S. Kulkarni, Zonal Manager of erstwhile United Western Bank (UWB), describes the situation on the ground, speaking to Business Line from Mumbai. He should know. For, he is at the helm of the Mumbai zone ... More

PUBLIC SECTOR BANKS
Union Bank opens 10 branches
Union Bank of India opened two branches in Visakhapatnam - at Madhurawada and Gajuwaka - besides eight others in the other States on Tuesday. With the two branches, the number of branches here has gone up to 10. The Madhurawada branch was ... More

FOREIGN BANKS
SCB to offer equity-linked notes to cos
Standard Chartered Bank (SCB) plans to expand its product offerings on `convertibles' through instruments such as equity-linked notes. SCB has so far not ventured into the equity side and only recently obtained regulatory approval to foray ... More

INTEREST RATES
NRE deposit rates cut
Karnataka Bank Ltd has revised interest rates on its NRE and FCNR (B) deposit schemes with effect from October 1. A bank release said here that interest rate on NRE term deposits has been reduced to 6.30 per cent (6.41 per ... More

GOVT BONDS
Bond prices close higher
Bond prices were range-bound while ending higher on easy crude oil prices. Long government papers saw an upward movement of about 30 paise. These papers have seen consistent activity since the announcement of the government ... More

SHORT TERM INSTRUMENTS
Call rates ease
Call rates were tight at 6.5-6.6 per cent, though lower from the previous close (7.4-7.6 per cent). They have been on the higher side after the advance tax outflow as liquidity was under slight pressure, said a dealer. Call ... More

MERGERS & ACQUISITIONS
IDBI merger: Happy Dussera for UWB customers
RBI lifts moratorium; UWB to function as strategic business unit More

Catching up with a CMD on the highway
On a day when IDBI Ltd became a bigger bank, after absorbing United Western Bank, where was the Chairman and Managing Director of IDBI, Mr V.P. Shetty? In the heart of Maharashtra. "To give confidence to people and employees." That's how he ... More

OVERSEAS INVESTMENTS
ICICI OneSource expands ops
ICICI OneSource has started operations at its 422-seat facility in Buenos Aires, Argentina. This is the BPO company's fourth global delivery centre outside India. ICICI OneSource will provide one of its US-based telecom clients ... More

TRADE & LABOUR UNIONS
LKB, Centurion merger opposed
The All India Private Sector Bank Officer's Federation has strongly opposed the move to merge Lord Krishna Bank with Centurion Bank of Punjab. The proposed merger once again exposes the double standards of the Government with ... More

Insurance unions call for strike
Labour unions in public sector general insurance companies have called for a strike on Thursday, to protest the implementation of the arbitrary transfer and mobility policy. The four public sector general insurance companies ... More






Comments & Letters to the Editor to: bleditor@thehindu.co.in
Subscribe to: Business Line
Cross Currency Rates

Related Topics
Alliances & Joint Ventures
Co-operatives
Consumer Finance
Corporate Bonds
Corporate Governance
Courts/Legal Issues
Credit Cards & Debit Cards
Credit Market
Credit Rating
Debt Market
Financial Institutions
Financial Markets
Financial Performance
Financial Services
Fixed Deposits
Foreign Banks
Forex
General Insurance
Govt Bonds
Housing Finance
Insight
Insurance
Interest Rates
Interview
Life Insurance
Mergers & Acquisitions
NBFCs
Non-Performing Assets
Private Banks
Public Sector Banks
RBI & Other Central Banks
Regional Rural Banks
Regulatory Bodies & Rulings
Short Term Instruments
Trade & Labour Unions


Top Stories
India 2nd largest global cotton producer

`$600 m net inflows in 3rd quarter'

Korean asset management group Mirae eyes India

Computer education cos gaining on bourses

LIC registers 150-pc rise in new premium income

Flatter US yield curve ahead?

`Engg services promise $750-b opportunity'

Chennai port to set up wind farm

Looking back
Sep. 24-Sep. 30
SBI Debit card ad withdrawn

Banking industry for consolidation

Free pricing to see lower premium rates: Swiss Re

Interest rates may remain stable, say bank chiefs

Credit Suisse sees India's GDP growth at 8.5 pc

UTI Bank plans investment banking arm in London

PSBs may mark to market entire securities portfolio

Taxing dividends of agricultural companies

External debt jumps $6.9 b

Banks resume mop-up through bulk deposits

Advt Links:
Personal Loans in 48 hours


The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | The Hindu ePaper | Business Line | Business Line ePaper | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright 2006, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line