The Hindu Business Line : Friday, July 11, 2008

HUMAN RESOURCES: Public sector banks go on headhunting spree
Over 30,000 vacancies notified; segment growing in popularity. Hyderabad/Chennai, July 10 If you have a head for numbers and love a career in banking, here is some good news. Check out the newspapers and the employment advertisements. One of ...

ACCOUNTING STANDARDS: RBI to come out with IFRS guidelines soon
Harmonising financial reporting globally. Chennai, July 10 The Reserve Bank of India expects to come out with guidelines for banks to draw up their accounts as per the norms of the International Financial Reporting Standards (IFRS) in less ...

FOREX: Rupee gains 11 paise

GENERAL INSURANCE: Apollo DKV plans 100 branches
Apollo DKV Insurance Company Ltd plans to set up 100 branches across the country by 2010 to tap the huge potential emerging in the health sector. The company, a 74:26 joint venture between the Apollo Group of Hospitals and the German major DKV, ...

DIVIDEND ANNOUNCEMENT: Union Bank dividend payment
Union Bank of India has paid a dividend of Rs 112 crore to the Government of India. The bank declared a dividend of 40 per cent for the year 2007-08 as against 35 per cent for the year 2006-07. Mr M. V. Nair, Chairman and Managing ...

FIXED DEPOSITS: Karnataka Bank's 400-day deposit

SHORT TERM INSTRUMENTS: Call rates steady

LIFE INSURANCE: Max New York Life ties up with IOC
New Delhi, July 10 Max New York Life Insurance has tied up with Indian Oil Corporation (IOC) to make available its insurance products through the latter’s Kisan Seva Kendras. IOC has about 2,000 Kisan Seva Kendras across the ...

LIFE INSURANCE: LIC targets urban poor for micro insurance products
Kolkata, July 10 The eastern zone of Life Insurance Corporation will focus on tapping the hitherto untouched urban poor population this year through its micro insurance policy, according to Mr R.R. Dash, Zonal Head, Life Insurance ...

HUMAN RESOURCES: Stability, sense of service draw them
Hyderabad, July 10 While attractive pay packages and opportunities in sectors such as information technology, retail, aviation and financial services continue to be a major draw, there are still many who look at public sector banks (PSBs) as a ...

LIFE INSURANCE: The brand run

FINANCIAL PERFORMANCE: Bajaj Allianz Life posts loss in Q1
Mumbai, July 10 Bajaj Allianz Life Insurance Company has posted a loss of Rs 3 crore in the first quarter of 2008-09, against a profit of Rs 31 crore in the previous year. ...

OVERSEAS INVESTMENTS: BoB to open China branch in August
Mangalore, July 10 Bank of Baroda is planning to set up a full-fledged branch in China in August. ...

GOVT BONDS: Bond yields hit 7-year high
Bond yields touched a seven-year high and prices fell by over Re 1 in intra-day trade, due to sudden selling at the fag of the day. Bond prices had opened higher than yesterday’s close, but the market was not able to sustain the gain, as ...

EVENTS: Lecture on bank exams

CREDIT CARDS & DEBIT CARDS: SBH launches cash back scheme

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Cross Currency Rates

Radar: Resources elsewhere
Food: Who pays the price (Video)

ADB World Outlook 2008

ADB's Outlook on India

Union Budget 2008-09

Railway Budget 2008-2009

Economic Survey 2007-2008

In Focus
Ranbaxy-Daiichi deal

People's car

Other Top Stories
KPMG sees big market in financial reporting standards

D&B optimism index down 11% in Q3

BSNL drags down GSM user base growth

Ban on maize export: Uncertainty over consignments with shipping bills

Looking back
Jun. 29-Jul. 5
South Indian Bank may offer 1:4 bonus

Bond yields continue to rise on inflation, oil price hike

Bancassurance contributes major chunk for private players

SBI list of loan waiver beneficiaries completed

Foreign investment pumped up reserves

More banks hike lending, deposit rates

Get IRDA approvals

LIC Housing to pursue project finance focus