Financial Daily from THE HINDU group of publications
Monday, November 25, 2002
Financial Daily from THE HINDU group of publications Monday, November 25, 2002 |
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MONEY & BANKING FOREX Dead cat bounce for the dollar! THE dollar got above its 48.23 resistance against the rupee and even traded at 48.25 before the normal trend resumed for it to settle back in the 48.17-48.21 range. There were technically aided dollar positives last week and the dead cat ... More HOUSING FINANCE HDFC property fair in Coimbatore from Nov 29 THE housing finance major HDFC is organising a three-day property fair styled `Destination Coimbatore' from November 29 to Dececember 1 in the city that would showcase properties by well known builders. HDFC's show comes in the wake of home ... More FINANCIAL POLICY Signs of concern in US, Japan There are structural imbalances in the US economy which need to unwind for the economy to steer itself back on the trend rate of growth. These imbalances include unusually high gross household debt and high capital account deficit. More DEBT MARKET Life insurers active in bond markets With markets awash with liquidity new players are jumping into the arena. The latest to join traders are life insurers. Life insurance companies have seldom been traders in the bond markets and have preferred being long-term investors. More FINANCIAL INSTITUTIONS FIs, banks tighten lending to States Utilising such loans for revenue expenditure was consequently leading to an escalation in the debt burden of the States, without any concomitant increase in revenue receipts. More TRENDS 
RBI Report on Trend and Progress of Banking — Commendable growth, despite NPAsApart from exhorting bankers to observe all kinds of procedures and safeguards, the RBI also needs to put on its developmental hat. It has to re-inject the spirit of enterprise into the banking system, stifled since the days of investigation and enqu iry started in the 1990s. The atmosphere of fear has to give way to one of helpful nurturing. 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 Nov. 17-Nov. 23 Indian banking system is weak, says S&P Andhra Bank cuts rates on credit card rollover balance |
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