The Hindu Business Line : Saturday, November 27, 2004

INSIGHT
Finding the right answers to banking issues
BANK trade unions have never thought beyond fighting for higher wages for its followers. But now the All-India Bank Officers' Confederation (AIBOC) has decided to set up an Independent Commission on Banking & Financial Policies with Mr S.P. ... More

INSURANCE
Corporate governance for insurance companies mooted
THE Insurance Regulatory and Development Authority (IRDA) wants to introduce corporate governance in the insurance sector too, but the problem lay in the fact that the companies are not listed on the stock exchanges, Mr T.K. Banerjee, one of the ... More

LIFE INSURANCE
Birla Sun Life rules out general insurance foray for now
BIRLA Sun Life Insurance (BSLI), a joint venture between the Aditya Birla Group and Sun Life Financial Inc of Canada, has no plans to enter the general insurance business for the present. The Canadian company, which has a 24 per cent stake in ... More

NON-PERFORMING ASSETS
Debar defaulters from holding public positions, says AIBEA
THE All-India Bank Employees Association (AIBEA) has demanded that the Government bring in legislation to debar bank loan defaulters from contesting or holding any public positions in State Assemblies and Parliament. Addressing newspersons here ... More

MERGERS & ACQUISITIONS
Unions oppose BoI, Union Bank merger plan
Besides opposing the merger, they have other demands such as the immediate recruitment of 25,000 officers and discussions on service-related issues of officers. More

SECURITY
Banks told to beef up security system in Dakshina Kannada
THE Deputy Commissioner of Dakshina Kannada district, Mr Aravind Srivastava, has asked the bankers, particularly co-operative banks, to strengthen the security system to safeguard against robbery in banks. Presiding over the district-level ... More

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