The Hindu Business Line : Monday, August 09, 2004

INSIGHT
Crude boils over
CRUDE oil prices remained the area of focus last fortnight as the near-month NYMEX futures traded at an all-time high of $44.73 per barrel. Crude for spot delivery has also reached a 21-year high. The surge in oil prices comes at a time when ... More

A product to trade views on inflation
THE inflation data spooked the financial markets last Friday. The S&P CNX Nifty declined 1.3 per cent while bond yields increased at least 15 basis points (bps) across the yield curve. The market may not have reacted so More

AGRICULTURAL INSTITUTIONS
Nabard to launch pilot scheme for loans to small, marginal farmers
IN tune with the national thrust on agriculture, the National Bank for Agriculture and Rural Development (Nabard) is launching a pilot scheme to give loans to small and marginal farmers through `rythu mitra' groups. Nabard will implement this ... More

DEBT MARKET
Market gears up for repo rate hike as yields harden
BONDS continued to plunge as inflation topped 7.5 per cent and markets worried about a further escalation in international oil prices. As yields rise further, there is increasing doubt about the ability of the Government to maintain fiscal ... More

PRIVATE BANKS
Govt studying options on pvt bank voting rights
THE Finance Minister, Mr P. Chidambaram's casting vote could finally decide the fate of the voting rights in private sector banks. The NDA Government's Bill had aimed at removing the voting right cap by deleting the section restricting such ... More

NON-PERFORMING ASSETS
`Approve loans with caution'
MANGALORE: The evil of non-performing assets (NPAs) can be warded off with first hand and "pucca" information about the party, according to the Chairman of Karnataka Bank Ltd, Mr Ananthakrishna. A bank release said he was addressing the ... More

INTERVIEW
`Banks must drop independent transfer pacts'
IT is not difficult to guess why Mr V. Leeladhar, Chairman and Managing Director, Union Bank of India, has had such a successful stint with the bank. Mr Leeladhar has a good rapport with his staff, especially the labour unions. It is ironical ... More

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Top Stories
Crude boils over

TN broiler prices under strain amidst rising maize costs

Access to information denied

`Engaged employees'

Tight world oil market ahead

Floating rate funds - spreading on

A product to trade views on inflation

Looking back
Aug. 1-Aug. 7
Forex reserves decline sharply by $1.53 billion

Bonds' outlook weak

Entire motor spectrum to be detariffed

Corporate floaters not appealing enough to investors

Provisioning linked to age of NPAs — RBI asks FIs to adopt graded system

Depreciation on investments, zero NPAs — It's double whammy for banks

Banks continue to have the cake and eat it too