MONEY & BANKING
INVESTMENT BANKING
Indbank to open 10 more branches
Indbank, a subsidiary of Indian Bank engaged in merchant banking services, will be opening 10 branches across the country in 2007-08, said Mr M.S. Sundara Rajan, Executive Director of Indian Bank, while inaugurating the eighth ...
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GENERAL INSURANCE
United India announces new scheme for tsunami victims
A Union Government-sponsored health insurance scheme for the families below poverty line and affected by the tsunami was launched here by the Union Finance Minister, Mr P. Chidambaram, on Sunday. The total insurance premium of Rs 36 crore for ...
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HUMAN RESOURCES
Syndicate Bank recruitment
Syndicate Bank intends to recruit between 1,500 and 2,000 agents to mobilise `pigmy deposits'— a scheme under which agents go to customers' houses, as frequently as required, and collect deposits. At present, the bank has ...
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PRIVATE BANKS
UTI Bank's 475th branch opened
Its Southern Zone President, Mr C.P. Rangarajan, said four more branches have been proposed for Coimbatore and these would become operational within the next year. ...
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PUBLIC SECTOR BANKS
Vijaya Bank to sun-power rural branches
It does not take much to automate or network a rural branch, says Mr T. Valliappan, Executive Director of Vijaya Bank. The bank has successfully tested networking 60 of its rural branches using VSATs. "We now intend to scale it up to cover all ...
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GOVT BONDS
Insurers turn cautious on inflation, keep to sidelines
Trade volumes remain low; yield spreads widen
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SOCIETY & DEVELOPMENT
LIC gesture to polio-affected
The South Central Zone of Life Insurance Corporation (LIC) has donated Rs 60 lakh to support the project of providing calipers to the people affected by polio. The Andhra Pradesh Chief Minister, Dr Y.S. Rajasekhara Reddy launched the project on ...
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MARKETING
Tellers can be investment consultants
CASHLINK DISPENSERS
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