The Hindu Business Line : Thursday, November 20, 2003

BSE institute to conduct financial markets training
THE Bombay Stock Exchange Training Institute is all set to launch a unique programme designed to equip market professionals with a overview of the international financial markets. The three-week training course, scheduled for January 6-25, ... More

FOREX

Re yo-yoes against dollar
IT was a backbreaking day for many a dealer in the local currency markets with the rupee exhibiting a yo-yo like movement. Despite the dollar taking a major beating worldwide on Tuesday and several Asian currencies strengthening against it, the ... More

Re appreciation issue referred to Finance Ministry
Exporting community's concerns on strengthening of the rupee against the US dollar has been referred to the Finance Ministry by the Commerce Ministry, the Director-General of Foreign Trade (DGFT), Mr L. Mansingh, has said. "The Finance Ministry ... More

FINANCIAL PERFORMANCE

SBH net up 45 pc in first half
STATE Bank of Hyderabad has posted an income of Rs 1,368.28 crore and a net profit of Rs 147.55 crore during the first half of the current fiscal ended September 30, 2003. The bank's profit increased by 45.23 per cent and income rose by 20.27 ... More

HOUSING FINANCE

Can Fin Homes' offer
THIRUVANANTHAPURAM: Can Fin Homes has launched an all-India campaign from November 14 to December 31 this year. The company has worked out a special offer with a package of reduced interest rates starting from 7.75 per cent for those ... More

DEBT MARKET

SEBI draft norms for listing of debt papers
IN a bid to bring more transparency in listing of corporate debt, the Securities and Exchange Board of India (SEBI) has issued a draft agreement on a separate listing pact, including for privately placed instruments, similar to those applicable ... More

FINANCIAL INSTITUTIONS

IFC sells part of stake in Orchid Chem

GOVT BONDS

Volumes drop sharply; prices falling
Bond market moves to wait & watch mode
According to dealers, the lack of any "positive trigger" even in the wake of abundant liquidity has led to a dwindling in volumes. Bond prices too had been steadily declining since last week, in the absence of any significant buying interest, ... More

Gilts up as CRR worries recede
MUMBAI: G-Sec prices revived on Wednesday following the RBI Governor, Dr Reddy's statements that the medium-term requirement was to reduce the Cash Reserve Ratio (CRR), pacifying all fears of an increase in CRR. Prices gained by 25-40 ... More

CO-OPERATIVES

RBI bars urban co-ops from unrated securities
THE Reserve Bank of India has told urban co-operative banks that they must not invest in unrated debt securities, unlisted securities and unlisted shares of financial institutions. In its draft guidelines for UCBs, aimed at containing the ... More

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