Financial Daily from THE HINDU group of publications
Sunday, July 20, 2003
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Financial Daily from THE HINDU group of publications Sunday, July 20, 2003 |
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MONEY & BANKING FARM CREDIT SBI cuts farm loan rates to 8.75 pc STATE Bank of India (SBI) has reduced the interest rate on short-term agricultural loans by 0.5 percentage points to 8.75 per cent. The revised rate would be effective from July 15. SBI is the first bank to announce the cut in crop loan rates ... More PENSION PLANS Varishtha Pension Bima Yojana — Reason to smile for pensioners FOREX Forex reserves up $483 m THE country's forex reserves were seen moving up by $483 million for the week ended July 11, to touch $83.257 billion up from $82.774 billion in the previous week. The general trend of accretion to the forex reserves has continued for the second ... More STOCKS Oriental Bank: Pare exposures INVESTORS in the stock of Oriental Bank of Commerce can consider booking profits. The stock is now trading at about 1.62 times its price to book value ratio. This is the highest among public sector banks. A value higher than book value may be ... More NBFCS RBF Nidhi: HC directive for corrective steps The Chief Judge, Court of Small Cases, has also been directed to dispose of all the attachment applications within a period of three months. More LIFE INSURANCE MetLife Junior MB PUBLIC SECTOR BANKS Union Bank in pact with M&M arm UNION Bank of India has signed an MoU with Mahindra Shubhlabh Services Ltd (MSSL), a wholly owned subsidiary of Mahindra & Mahindra Ltd (M&M), to provide crop finance to farmers undertaking contract farming with the company, the BSE was ... More GOVT BONDS First debt buyback auction fetches only 14 pc of total target THE Union Government's attempt to buyback its high cost debts from banks and FIs received a `tepid' response with the first auction today fetching just 14 per cent of the total targeted amount. While the Government had offered to repurchase 19 ... More CREDIT CARDS & DEBIT CARDS Visa International offer for cardholders VISA International has launched the `Visa Power' offer for all its cardholders including the Visa Electron cardholders. The offer is expected to run for two months between July 15 and September 15. The offer is being launched simultaneously ... More Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
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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. 13-Jul. 19 Forex reserves rise $869 m on back of big FII inflows Exporters jittery as rupee gains on euro LIC shifts to Linux system Universal health scheme escapes service tax Cos can now grant loans in foreign currency for employees abroad Educational loans — immense scope for banks SBM, Maruti in pact for car loans Govt in no mood for banking reforms Current account transactions eased further — Forex limit for education, medical treatment hiked IOB net up 90 pc in Q1 — AGM okays fresh issue of shares |
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