MONEY & BANKING
PREFERENTIAL ALLOTMENTS
Central Bank mulls pref share issue
Central Bank of India, which plans to go in for a preference share issue in the near future to enhance its share capital, is awaiting amendment to the Banking Regulation Act to allow banks to issue preference shares. Disclosing ...
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INSIGHT
Following the Singapore model
Investing forex reserves
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SOFTWARE
Tata AIG ties up with Audatex
Tata AIG General Insurance Company Ltd has tied up with Audatex India to provide online motor claim settlement solution. Audatex India will offer Tata AIG General the Web-based, fully integrated solution, AudaEnterprise, which ...
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GENERAL INSURANCE
Car cos seek best insurance deals
Free-pricing scenario to replace predetermined tariffs from January 1
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PUBLIC SECTOR BANKS
Vijaya Kisan Card for farmers
Vijaya Bank has launched the ATM-enabled Vijaya Kisan Card to enable farmers draw cash from any of its ATMs and from other banks' VISA ATMs. The bank is planning to activate 110 ATMs more this fiscal, taking the total ATM ...
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FINANCIAL INSTITUTIONS
It's destination Africa for Exim Bank
Sees big prospects emerge from West African nations.
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GOVT BONDS
High oil prices, rate hike concern keep bonds down
Bias towards hardening of yields evident from high buy-sell spreads
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MERGERS & ACQUISITIONS
Banking Bill to be considered this session
The monsoon session of Parliament will see nine Bills including the Banking Companies (Acquisition and Transfer of Undertakings) and Financial Institutions Laws (Amendment) Bill, 2006 being taken up for discussion and passage. Speaking to ...
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INTERVIEW
Vijaya Bank targets Rs 1-lakh cr biz by 2009
To strengthen presence in northern, western regions
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