The Hindu Business Line : Sunday, April 04, 2004

FINANCIAL SERVICES
ECGC settles bank claims worth Rs 101 cr
EXPORT Credit Guarantee Corporation of India Ltd (ECGC) has settled Rs 100.81 crore worth of claims in March to various banks across the country due to the default of their exporter clients. The settlements aggregated to the highest amount ... More

FOREX
Forex reserves up $319 m
THE country's forex reserves have increased by $319 million to touch $110.317 billion for the week ended March 26, 2004, as against $109.996 billion in the previous week, as per the latest RBI statistics. Forex analysts ascribed the rise in ... More

LIFE INSURANCE

Correction to SBI Life

CREDIT MARKET
Is there `real' demand for industrial credit?
BANK credit has been rising steadily over the past couple of months and yet bankers and analysts are divided on whether it is indicative of any `real' pick-up in industrial credit. While on the one hand top bankers have been talking about ... More

CREDIT CARDS & DEBIT CARDS

MasterCard's new release

PUBLIC OFFER
FIIs set to emerge largest bidders in ICICI Bank issue
FOREIGN Institutional Investors (FIIs) are all set to once again emerge as the largest subscribers in the over Rs 3,000-crore public issue of ICICI Bank as they have bid for almost 60 per cent of the total bids received on the first day of the ... More

Cross Currency Rates

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