Financial Daily from THE HINDU group of publications
Sunday, May 05, 2002
Financial Daily from THE HINDU group of publications Sunday, May 05, 2002 |
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MONEY & BANKING FINANCIAL SERVICES Western Union has big plans in money transfer sector IN 1851, it started as a telegraph company. In 1866, it introduced stock tickers, providing brokerage firms with New York Stock Exchange quotations. In 1914, it introduced the first consumer charge card. Today Western Union Financial Services ... More FOREX Forex reserves rise $243 m THE country's forex reserves continued to gain, rising by $ 243 million to $ 55.316 billion for the week ended April 26, 2002 as compared to $ 55.073 billion in the previous week, as per latest figures released by the RBI. Foreign currency ... More GENERAL INSURANCE Securing your retirement nest-egg Last week, we saw the need for pension plans, how they work and more importantly how they are different from traditional insurance products. (To read the first part of this series on the web, visit More INTEREST RATES What is a floating rate deposit? THE Credit Policy has permitted commercial banks to offer floating-rate deposits. What are these deposits? At present, all bank deposits are fixed-rated deposits. A deposit that earns you, say, 8 per cent for one year is a fixed-rate deposit. ... More
Towards flexible deposit rates FIXED DEPOSITS Cholamandalam Finance: Cash in CHOLAMANDALAM Finance accepts fixed and cumulative deposits. Under the `Gold Nest' regular income scheme, a minimum deposit of Rs 10,000 is accepted and interest is paid at monthly, quarterly and annual rests. The interest rates differ according ... More CO-OPERATIVES Govt still undecided on separate regulator for urban co-op banks THE Finance Minister, Mr Yashwant Sinha, today said that the Centre was examining the Reserve Bank of India's (RBI) proposal to set up a separate `apex supervisory body' to take over the entire regulatory and inspection functions relating to ... More
New norms for urban co-op banks on gilts dealings Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
Top Stories In Depth Inside Kashmir Guide to derivatives US-64 Looking back Apr. 28-May. 4 Forex reserves cross $55 b Cut in savings bank rates expected No separate supervisor for urban co-op banks Banks asked to adopt flexible interest rates ICICI Prudential unveils two new pension schemes You bet, forex is the bigger asset! HC to the rescue of MCC Fin depositors -- API told to hand over Bhandup land for sale Fresh norms for nidhis on deposits timeframe Live events turn on insurance cos |
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