![]() Financial Daily from THE HINDU group of publications Monday, March 21, 2005 |
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MONEY & BANKING INSIGHT
Making sense of Basel II normsLIFE INSURANCE Kotak Life to focus more on ULIPs KOTAK Life Insurance plans to increase its focus on unit-linked insurance plans (ULIPs). According to Mr Subhasis Ghosh, Vice-President, East & South, ULIPs currently contribute 40-50 per cent of the company's products. Adding to its suite ... More GENERAL INSURANCE Insurance unions plan strike on March 23, 24 OFFICERS and employees of the public sector general insurance companies have threatened to go on strike on March 23 and 24 demanding resumption of wage revision talks and beginning of promotion exercise at the earliest. The unions under the ... More DEBT MARKET
Bonds weak on oil concerns, $ loan prepaymentBONDS fell last week despite a surge in foreign currency inflows, driven by uncertainty over rising oil prices and the consequent impact on domestic inflation. Traders said that corporate rush to shed foreign currency liabilities also ... More PRIVATE BANKS
South Indian Bank studying options to raise fresh capitalSOUTH Indian Bank Ltd (SIB), which plans to raise its net worth to Rs 1,000 crore by 2008, is looking at various options to raise capital. The bank, in which ICICI Bank is the single largest stakeholder, is unfazed at the prospect of the ... More
Karnataka Bank 377th branch CORPORATE BONDS ICICI Bank, IDBI launch tax-saving bonds ICICI Bank and IDBI are launching tax-saving bonds to raise Rs 350 crore and Rs 400 crore, respectively before the end of this fiscal. While IDBI bonds will be open for subscription from March 21 to March 29, ICICI Bank bonds will be open for ... More SHORT TERM INSTRUMENTS Rs 2,000-crore T-bills auction MUMBAI: The Reserve Bank of India proposes to raise Rs 2,000 crore through the auction of 91-day Government of India treasury bills. Of this amount, Rs 500 crore will be auctioned under the regular auction calendar and Rs 1,500 crore ... More CO-OPERATIVES KSCB draws up new schemes THE Kerala State Co-operative Bank (KSCB) has chalked out a couple of new schemes in its budget for 2005-06. One of the schemes is for extending loans for the purchase of agricultural lands of a maximum of five acres. The loan amount, which ... More ECONOMIC OFFENCES Alert on bank frauds POLICE have cautioned chartered accountants on the increasing number of bank frauds and advised the auditing profession to effectively monitor banking transactions accounts to prevent major losses to public at large. Addressing a day-long ... More Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
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Top Stories In Focus BHEL Disinvestment The Yuan Revaluation Dabhol power regenerated Tracking the rains Sethusamudram Canal Project India Inc's overseas acquisition
In Depth Gender Justice Simple Economics Tax Talk
Looking back Mar. 13-Mar. 19 Forex reserves up $1.9 b on inflows IDBI allots Rs 100 cr for hotel projects Current account matters in currency market Bond traders cautious on rising oil prices `Withdrawal tax may drive depositors to post offices' Managed services: A new trend in banking Forex reserves higher than required, says expert States seek interest waiver on bonds Bankers in a fix over threat to default on payments ICICI Bank micro credit disbursements treble Fringe benefit tax may hit group superannuation schemes Insurance hits high tide in March Missing the wood for the trees |
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