The Hindu Business Line : Sunday, August 22, 2004

FOREX
Forex reserves dip by $14 million
THE country's forex reserves recorded a dip of $14 million to touch $119.322 billion for the week ended August 13, as per the latest Reserve Bank of India statistics. Reserves were at $119.336 billion in the previous week. Analysts ascribed ... More

GOVT BONDS
Auction of 91-day treasury bills
The RBI has announced the auction of 91-day Government of India treasury bills for a notified amount of Rs 2,000 crore. Of this amount, Rs 500 crore will be auctioned under the regular auction calendar and Rs 1,500 crore under the market ... More

CREDIT MARKET
Bank credit surges Rs 8,949 cr
MUMBAI: Bank credit for the fortnight ended August 6, 2004 surged by Rs 8,949 crore to touch Rs 8,92,228 crore. Though food credit declined by Rs 119 crore to end at Rs 42,442 crore, non-food credit rose by Rs 9,068 crore as it moved to Rs ... More

TRENDS
The sum & substance of personal loans
THE number of personal loan accounts with scheduled commercial banks (SCBs) in India went up by almost 50 per cent between March 1997 and March 2002, as per CMIE data. Personal loans outstanding, however, went up by more than 130 per cent. The ... More

Cross Currency Rates

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Steel makers unhappy over import duty cut

Forex reserves dip by $14 million

Looking back
Aug. 15-Aug. 21
DCA to crack down on errant promoters, directors of NBFCs — Plans 'full-fledged inspection' of books

Nagging fears over `safety'

IA rules out immediate hike in fares — Launches co-branded card

GTB turnaround in 12-18 months: Narang

FCI bond market foray on hold

Sticky loan swapping under lens

Illiquid stocks turning active