Financial Daily from THE HINDU group of publications
Saturday, March 30, 2002
Financial Daily from THE HINDU group of publications Saturday, March 30, 2002 |
|
|
|
|
|
MONEY & BANKING ANNOUNCEMENTS GENERAL INSURANCE Annuities market thrown open to private insurers -- LIC loses exclusive preserve IN a move that would facilitate future reforms in the pension market, the Government has permitted private insurance companies to provide annuities to beneficiaries of approved superannuation funds run by corporates. Corporates which run such ... More
Pvt players pull out of motor insurance PRIVATE BANKS IDBI spurns offers for stake in banking arm INDUSTRIAL Development Bank of India (IDBI) has categorically told foreign banks that have approached it for taking a stake in its banking subsidiary, IDBI Bank, that it would not cede control, at least not until its universal banking plans are ... More PUBLIC SECTOR BANKS SBI Hyderabad module improves performance THE Hyderabad module of State Bank of India (SBI), the biggest module in the country with 253 branches spread across two geographical zones of Andhra Pradesh — Telangana and a part of Rayalaseema — has registered a significant growth ... More
CORPORATE BONDS The deep bond G. Sekar and B. Saravana Prasath on the changes in the tax treatment of deep discount bonds More INTERVIEW `We are more worried about jobs than wage revision' "BANKS, on the one hand, are introducing 24-hour banking and 7-day banking, but on the other, are either closing or merging branches. This is not good for a country like India, where, we need to look at mass banking rather than class banking," ... More EVENTS BIS for continued vigilance on global finance Members of the Financial Stability Forum (FSF) meeting under the aegis of the Bank for International Settlements (BIS) have agreed that the interplay of the prospect of a mild recovery in global activity and persistent financial imbalances calls ... More
Banks to focus on rural development
Syndicate Bank ED urges boost for solar energy OUTLOOK Bumper profits may help banks to clean up balance sheets THERE is only one thing that could stand between banks and bumper profits this year - the managements' decision to raise provisioning. Increasing provisions in a year of windfall profits is something that is universally agreed upon as a ... More PERFORMANCE ECONOMIC OFFENCES CBI for review of nominee role in banks THE Central Bureau of Investigation (CBI) has recommended a review of the role of nominee directors on bank boards with a view to making them accountable for the bank's decisions and thereby preventing bank frauds. CBI has said that its ... More PEOPLE 
Banker award for PNB officialBANGALORE: Mr T.S. Narayanasami, Executive Chairman, Punjab National Bank, has been chosen for this year's T.A. Pai Memorial Best Banker Award. The award is instituted by Dehali Kannadiga, a Kannada monthly published from Delhi. ... More Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
Top Stories In Depth Inside Kashmir Guide to derivatives US-64 Looking back Mar. 17-Mar. 23 Indian Bank recap may come with riders Will securitisation turn out to be a vibrant industry? Motor insurance set to rise sharply `No retrospective tax effect on discount bonds' PSU insurance cos fear cost escalation -- Embark on damage-limitation LIC to discontinue children's policy Restraint against joining proceedings in US -- Dabhol lenders get HC reprieve Gold exchange key to boost market: Reddy Pvt banks better PSBs in cost control Indian Bank tops in interest spread Govt focussed on NPA recovery, says Sinha Dabhol lenders may recall loans |
|
The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription Group Sites: The Hindu | Business Line | The Sportstar | Frontline | Home | Copyright © 2002, 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 |