Financial Daily from THE HINDU group of publications
Saturday, January 04, 2003
Forex Rates Jan. 03 (4.30 p.m. IST)
1 PoundRs 76.34
1 EuroRs 49.65
1 USDRs 47.95
100 YenRs 39.93
1 Sing $Rs 27.48

News
Features
Stocks
Port Info
Archives


Subscription

Group Sites

MONEY & BANKING

FINANCIAL SERVICES


IRDA nod for 12 broking firms
THE Insurance Regulatory and Development Authority (IRDA) has issued 12 `in-principle' insurance broking licences. Of these, eight are direct licences and four composite broking licences. The eight direct licences are for Alankit Insurance ... More

FOREX


Re firm; G-sec yields up
Mumbai: THE rupee currency closed marginally firmer at 48.00/48.0050 per dollar in a lacklustre forex market on Friday as against the previous close of 48.0250. Forex traders contend that the market continues to remain thin and flushed with ... More

INFORMATION TECHNOLOGY


TUs need not board the tech train
INFUSION of information technology (IT) in banks should be a management function non-negotiable with trade unions. Bankers sitting across the negotiating table with trade unions on a fresh industry-wage pact are insisting on the point and would ... More

LIFE INSURANCE


  • Vijaya Bank in tie-up with LIC

    HUMAN RESOURCES


    Corporation Bank AGMs promoted
    CORPORATION Bank, as part of what it calls its "latest promotion process", has promoted five assistant general managers to the rank of Deputy General Manager. The five promotees are Mr. Sudhakar N. Bhat, Mr. P. Ramachandra Nayak, Mr. U. ... More

    INTEREST RATES


    Chamber for softer interest regime
    THE PHD Chamber of Commerce has stressed the need for reduction in the interest rate structure, which continues to be on the higher side as compared to international levels. In a press release issued on Friday, Mr P.K. Jain, President, PHDCCI, ... More

    NON-PERFORMING ASSETS


    South Indian Bank secures assets
    SOUTH Indian Bank has taken possession of four secured landed properties — vacant plots — within the city limits, invoking the provisions of the Securitisation Ordinance. The bank has slapped 33 notices in this region, involving a ... More

    FIXED DEPOSITS


  • Central Bank cuts NRE deposit rates

    EVENTS


    Insurance meet in Capital on Jan 22
    FORTE, the joint venture between the Federation of Indian Chambers of Commerce and Industry (FICCI) and ING Insurance, is organising a conference on `Consumer awareness: insurance sector' in collaboration with the Insurance Regulatory and ... More

    NEW PRODUCTS & SERVICES


    HDFC Bank forex account for residents
    HDFC Bank has launched the resident foreign currency (domestic) account for resident Indians. Resident Indians can now open and operate a foreign currency account in India out of foreign exchange acquired while travelling abroad or received by ... More
    Comments & Letters to the Editor to: bleditor@thehindu.co.in
    Subscribe to: Business Line
  • Pick a Winner Stock Market Contest

    Top Stories
    Will PPF retain glitter in the long run?


    TCS to invest in people and tech: CEO

    Rural telephony tenders soon — DoT seeks industry's views prior to bids

    `Accountability must be built into corporate governance'

    Rice exporters fault Govt policies, fear loss

    In Focus
    Inside China

    Stock scam unravelling
    Petrol pump controversy
    Kelkar Report
    Reliance & Telecom Competition
    2002: A drought year
    In Depth
    Gender Justice
    Simple Economics
    India Interior
    Consumer Notes
    Looking back
    Dec. 22-Dec. 28
    One more cautious step towards convertibility

    Hobson's choice for the Reserve Bank

    SBI plans treasury group synergy

    Despite claims, RIDF is a flop

    Life insurers bet on term plans

    Jalan optimistic about achieving 8 pc growth


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

    Copyright © 2003, 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