Financial Daily from THE HINDU group of publications
Wednesday, July 16, 2003
| Forex Rates | ||||||
|
Financial Daily from THE HINDU group of publications Wednesday, July 16, 2003 |
|
||||||||
|
|
|||||||||
|
MONEY & BANKING ECONOMY Prospective data keep markets on edge The best indicators of prospects for the near future will be last quarter's corporate results and guidance, which will stream in from this week. More FOREX Cos can now grant loans in foreign currency for employees abroad INDIAN companies can now grant personal loans in foreign currency to employees working in branches overseas. Such transactions would, however, be permissible only if the loan is granted for personal purposes in accordance with the lender's ... More
Rupee loses shine — G-Secs in range INFORMATION TECHNOLOGY LVB ties up with ICICI Infotech for core banking tool AIMED at joining the elite group of banks offering online banking conveniences to the customers, Lakshmi Vilas Bank Ltd (LVB) has entered into an agreement with ICICI Infotech for developing core banking solution. At present, LVB and ICICI ... More SOFTWARE HOUSING FINANCE LIFE INSURANCE 
ICICI PruLife hikes capital by Rs 100 crPROMOTERS of ICICI Prudential Life Insurance Company Ltd have increased the capital by Rs 100 crore to Rs 525 crore. The private sector insurance company is a joint venture between ICICI Bank and Prudential plc of UK. Ms Shikha Sharma, ... More PUBLIC SECTOR BANKS Educational loans — immense scope for banks Bank officials said repayments on educational loans come in faster than the disbursements that they are able to make. More
NON-PERFORMING ASSETS SBI expects rise in gross NPAs on tougher norms THE State Bank of India (SBI) expects an increase in its gross NPAs in the near future due to tighter NPA norms. Over the next couple of years, however, SBI hopes to reduce net NPAs by more than half. The RBI guidelines have reduced the ... More Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
 Pick a Winner Stock Market Contest
Top Stories In Focus The Cable tangle Pakistan Diary Indo-Pak Monitor Indo-China Relations Telecom Competition In Depth In Kashmir Simple Economics Slowburn Tax Talk NRIs & Investment Avenues Corporate Governance Looking back Jul. 6-Jul. 12 Bank loan wilful defaults rise 30% at Rs 4,948 cr Private non-life cos clock 79 pc growth in Apr-May Banks more shy of rural lending Resurgent India Bonds redemption — RBI, SBI work out plan for smooth payout |
|
The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription Group Sites: The Hindu | Business Line | The Sportstar | Frontline | The Hindu eBooks | Home | Copyright © 2003, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line |