Financial Daily from THE HINDU group of publications
Friday, November 08, 2002
| Forex Rates Nov. 7 (4.30 p.m. IST) | ||||||||||
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Financial Daily from THE HINDU group of publications Friday, November 08, 2002 |
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MONEY & BANKING FARM CREDIT Non-repayment of agricultural advances — Bankers looking for direction from Finance Minister HAVING been made to contend with issues such as non-repayment of agricultural advances and enhancement of scale of finance, commercial banks and regional banks in Kerala are looking to the Union Finance Minister, Mr Jaswant Singh, for further ... More FOREX 
Rupee closes at 9-month highTHE rupee continued its appreciation closing at a nine-month high of 48.2850/29 against the US dollar on Thursday. This is comparable to January 24, 2002 levels when the currency had opened at 48.28/29 and had closed at 48.34. On Wednesday, ... More
Clearing Corpn forex operations from today CREDIT POLICY SOFTWARE Sun Micro, Infosys unveil banking solution SUN Microsystems Inc and Infosys Technologies Ltd have unveiled a Web-based retail banking reference architecture which enables banks to reduce operational costs and enhance efficiencies and retain business agility. The architecture, a new ... More LIFE INSURANCE 
Birla Sun Life to focus on retail, private clientsBIRLA Sun Life Distribution Company Ltd (BSDL), distributor of financial products, plans to focus on two customer segments namely retail and private clients group this year, according to the company's CEO, Mr Sanjiv Roy. Moving in this ... More PRIVATE BANKS South Indian Bank ties up with Qatar co THE Thrissur-based South Indian Bank has entered into a new rupee draft drawing agreement with Union Exchange Co of Doha, Qatar. As per this agreement, NRIs in Qatar can make remittances to any of the 100 designated branches of South Indian ... More PUBLIC SECTOR BANKS SBT staff gesture to pensioners THE Thiruvananthapuram District Treasury branch of the State Bank of Travancore (SBT) here seems to have hit upon a novel idea of finding a way to the pensioner's heart. And, in the process, reiterate its `social' commitment'. A considerate ... More GOVT BONDS Bond prices rally Mumbai: BOND prices were seen rallying by 30-50 paise across the board on Thursday in the Government securities market. The `steep' 50 basis points Fed rate cut was the driving factor for the bullish sentiment in the markets. However, towards ... More CORPORATE BONDS NHB cuts coupon rate on capital gains bonds CONSEQUENT to the recent reduction in the bank rate and cash reserve ratio (CRR) by the Reserve Bank of India, the National Housing Bank (NHB) has also reviewed the coupon rate on its capital gains bonds. NHB has since decided to suspend its ... More
SIDBI cuts rate on capital gains bonds NON-PERFORMING ASSETS `Borrowers must follow strict fiscal discipline' THE Chairman and Managing Director of the Central Bank of India, Dr Dalbir Singh, has called upon entrepreneurs and borrowers to maintain strict financial discipline at a time when stringent financial norms are being enforced in banks for ... More Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
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Top Stories In Depth Gender Justice Simple Economics Small Investor Looking back Oct. 27-Nov. 2 King's tale of Hongkong Bank Bankers bristle at charge over low credit-deposit ratio RBI committee calls for ban on securities trading by LABs Pampering the super-rich: ICICI Bank shows the way Insurance cos must refund excess motor premium Will the banks listen to RBI? ICICI Bank posts Rs 285-cr consolidated net profit |
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