The Hindu Business Line : Friday, November 26, 2004

FOREX
Rupee forwards go into discount
MUMBAI: Annualised forward premia fell sharply on Thursday following the continued slide of the US currency against the Indian rupee. Forward premium for the first three months went into discount; one-month annualised premium ended at ... More

NBFCS
BRR Leafin licence cancelled
HYDERABAD: The RBI has announced that it has cancelled the certificate of registration granted to BRR Leafin Private Ltd, having its registered office at Lumbini Towers, Punjagutta here for carrying on the business of a non-banking ... More

HOUSING FINANCE
Lenders upbeat on home loans despite rate hike
A RISE in interest rates notwithstanding, experts in housing-finance industry still expect the sector to grow by 30-35 per cent this year, almost in line with the growth rate over the past couple of years. Their argument is that a hardening in ... More

LIFE INSURANCE
It's win-win for banks, insurers
BARELY a couple of years into experimenting the bancassurance route for distributing the insurance covers, the private sector life insurance industry is riding piggyback on the banking sector with both making big money through their tie-ups. ... More

HUMAN RESOURCES
Bank officers may get Rs 3,000 more under new wage pact
OFFICERS will get an extra Rs 3,000 per month on the average, clerks will get Rs 2,000 and subordinate staff will get Rs 1,000 extra per month on the average, according to the wage settlement signed between the Indian Banks Association and bank ... More

LIC development officers to surrender vehicles from Dec 1
The development officers (DOs) of Life Insurance Corporation of India (LIC) throughout India will be surrendering their conveyance vehicles on December 1, to protest the betrayal of their interest by the management and to draw the attention of ... More

PUBLIC SECTOR BANKS
SBH launches two schemes
HYDERABAD: State Bank of Hyderabad has launched two schemes - `Grahak Mitra' and `Drop Box Migration' - on Thursday. The Managing Director of the bank, Mr Amitabha Guha, launched them at a function held at the Chikkadpally ... More

GOVT BONDS
Centre's debt swap plan runs into trouble — Banks wary of State Govt bonds
THE Centre's debt swap programme has run into trouble with public and private sector banks staying away from bonds issued by the State Governments. The debt swap programme, kick-started last fiscal year, was intended for allowing State ... More

CORPORATE BONDS

Karnataka Neeravari Nigam clarifies

PEOPLE

Centurion Bank retail head

Cross Currency Rates

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