![]() Financial Daily from THE HINDU group of publications Sunday, April 03, 2005 |
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MONEY & BANKING FOREX Forex reserves down $1.22 b at $140.9 b AFTER rising for five weeks in a row, the country's forex reserves fell by $1.223 billion for the week ended March 25, taking the total reserves to $140.907 billion, as per the Reserve Bank of India's weekly statistical supplement (WSS). In ... More LIFE INSURANCE Birla Sun premium income up at Rs 684 cr BIRLA Sun Life Insurance has announced that its premium income for the year ended February 2005 has increased to Rs 684 crore. According to the company, this is an increase of 142 per cent over the corresponding period of the previous year. ... More CREDIT MARKET Bank credit rises Rs 22,417 cr BANK credit increased by Rs 22,417 crore for the fortnight ended March 18 to touch Rs 10,92,091 crore, according to Reserve Bank of India's Weekly Statistical Supplement. This is inclusive of food credit, which declined by Rs 320 crore ... More CREDIT CARDS & DEBIT CARDS Co-branded credit card Andhra Bank set to form alliance with Air Sahara ANDHRA Bank is set to forge an alliance with Sahara airline major for a co-branded credit card. The bank Chairman and Managing Director, Mr T.S. Narayanasami, told Business Line that the bank was currently at an advanced stage of ... More RIGHTS ISSUE ING Vysya Bank: Invest TRENDS Banks bag larger share of MF distribution GOT a call from your banker, urging you to shift your idle savings into an equity mutual fund? Not a surprise, as banks are playing a bigger role in marketing mutual funds to individual investors. Fund industry estimates indicate that banks, ... More Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
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Looking back Mar. 27-Apr. 2 Forex reserves rise $1.7 b Fearing impact on bottomlines Banks not willing to sell benchmark securities General insurers pitching to provide risk cover to port trusts Centre to borrow Rs 83,000 cr in H1 Getting locked into EMI loans Regulate hospital charges, urge health insurers Home loans set to grow at 30-40 pc |
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