Financial Daily from THE HINDU group of publications
Sunday, February 09, 2003
Financial Daily from THE HINDU group of publications Sunday, February 09, 2003 |
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MONEY & BANKING FOREX Forex reserves rise $378 m THE country's forex reserves have risen by $378 million to touch $73.583 billion for the week ended January 31, 2003, from $73.205 billion in the previous week, according to the latest RBI statistics. Reserves have been rising steadily on ... More STOCKS ICICI Bank: Hold/Sell on rise FRESH investments in the ICICI Bank stock need not be considered. The transformation of ICICI into a low-cost banking company is progressing at a glacial pace. The expected improvement in the bank's valuation, in line with that enjoyed by HDFC ... More TECHNOLOGY SBM plans tech ramp-up The bank has set a target of achieving an operating profit of Rs 415 crore and a net profit of Rs 175 crore for the next fiscal year, while registering a growth of Rs 3,400 crore in deposits and Rs 2,200 crore in advances. More HOUSING FINANCE Dewan Housing Finance Corporation: Well-protected THE one-year fixed deposit programme of Dewan Housing Finance Corporation Ltd (DHFL) is a good investment option. The interest rates offered are relatively better vis-à-vis other major housing finance companies such as HDFC and Sundaram ... More
Housing loan rates slashed LIFE INSURANCE Tata AIG's Mahalife TATA-AIG's Mahalife — which combines a whole life policy with a money-back one — is designed to provide regular annuity and life cover. INTEREST RATES Corporation Bank cuts rates on FCNR deposits CORPORATION Bank has reduced the interest rates on FCNR(B) deposits with effect from February 7. The new interest rates on dollar deposits for one-year to less than two years is 1.10 per cent (reduced from 1.15 per cent). For deposits for a ... More
FIXED DEPOSITS Bank of Baroda increases deposit rates BANK of Baroda has revised interest rates on domestic term deposits upwards by 25 to 50 basis points across maturities effective February 10. According to a press release, the bank has effected a rate revision after considering the overall ... More Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
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Top Stories In Focus Kelkar Report Telecom Competition Oil PSUs: Disinvestment dilemma NPAs in Banking In Depth Simple Economics Consumer Notes Tax Talk The Brahmananda collections 2002: A drought year Gold: Still the winner? Cars: Always a beauty Books and Reviews Looking back Feb. 2-Feb. 8 Dollar at a discount in hawala markets Public insurers `taking vehicle owners for a ride' Banks in no mood to exempt States — Action under Securitisation Act for NPA recovery Insurance selling well in rural areas: Study Home loan borrower is the groom of the season! |
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