The Hindu Business Line : Monday, March 25, 2002

Rupee may end fiscal year at 48.85/dollar
Among the factors that will hearten local dollar bulls is the fact that oil prices have been resurgent. Another important factor will be the strength of the dollar against the yen; consequently, the Asian currencies have also lost ground against the dollar. More

NBFCS

`Shriram, Margadarsi top chit fund players'
SHRIRAM Chit Ltd and Margadarsi Chit Fund Ltd have emerged as the two main players in the chit funds market of South India with turnover of over Rs 1,000 crore each, according to a study conducted by Deloittee, Haskins & Sells (DHS), part of ... More

Model Fin plans bail-out scheme for bondholders
CONTRARY to the practices adopted by most crisis-ridden non-banking finance companies (NBFCs) across the country, Model Financial Corporation Ltd, a city-based listed NBFC, has decided not to approach the Company Law Board or down its ... More

PRIVATE BANKS

IDBI Bank to raise capital next financial year
IDBI Bank would have to "raise capital in the next financial year", to fuel growth during what its Managing Director, Mr Gunit Chadda, calls the `consolidation phase'. In an interview to Business Lin, Mr Chadda did not give any details ... More

GOVT BONDS

Steepening begins in bond yields
Most of the fundamental factors point towards an up move in interest rates. The global easing cycle has come to an end; the Fed is expected to start hiking rates in three months time. More

Bond markets remain sluggish
BOND markets remained sluggish during last week with the year-end blues and nervousness dominating market sentiments. The ten-year yield to maturity (YTM) fell marginally to 7.43 per cent last weekend as against the previous weekend's 7.49 per ... More

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