![]() Financial Daily from THE HINDU group of publications Tuesday, March 22, 2005 |
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MONEY & BANKING FINANCIAL SERVICES Managing fixed income securities MANGALORE: Mr R. Bhaskaran, Chief Executive Officer of the Indian Institute of Banking and Finance (IIBF), has said that risk is a major component in financial transactions. Delivering a lecture on `Fixed income securities management and ... More REGIONAL RURAL BANKS Chitradurga Gramin Bank turns around The Sanghakshema Vima Yojane is an insurance-linked savings product developed for self help groups (SHGs). In addition to life risk cover, it provides health insurance cover for the SHG member, spouse and two dependent children up to Rs 10,000. More PENSION PLANS Pension Bill tabled; Left stages walkout THE Government's efforts to bring about a statutory regulatory mechanism for the new pension system (NPS) appear to be running into rough weather, with the Left parties walking out of the Lok Sabha over the introduction of the Pension Fund ... More FOREX Rupee, gilts fall on rising oil prices MUMBAI: The rupee ended at 43.72/73 against the US dollar, lower than Friday's close of 43.65/66 on dollar buying. The strengthening of the dollar against the euro and other foreign currencies as well the spiralling oil prices were also ... More LIFE INSURANCE
MetLife sees break-even here by 2009The company that started its India operations in January 2002 hopes to break even by 2009. Mr Robert Benmosche, CEO and Chairman, MetLife Inc, said that from the business perspective India is strategic to its international business considering ... More PUBLIC SECTOR BANKS Allahabad Bank dividend KOLKATA: Allahabad Bank has issued a cheque for Rs 35 crore asinterim dividend for 2004-05 to the Government, its largest shareholder with a 71.16 per cent stake. Earlier, the Allahabad Bank board had announced a 15 per cent interim ... More NON-PERFORMING ASSETS ARCIL buys Rs 12,000-cr NPAs for Rs 2,500 cr ASSET Reconstruction Company India Ltd (ARCIL) has so far acquired in excess of 200 non-performing assets amounting to Rs 12,000 crore worth of dues payable by the borrower. The acquisition cost of the assets to ARCIL, i.e., the security ... More CREDIT MARKET IFMR research on micro-finance models with MIT IN India, there are some 400 million people in nearly six million villages waiting for small loans. There is scope for lending Rs 45,000 crore to these people. Against this potential, only about 20 million have been served so far by the organised ... More TRADE & LABOUR UNIONS Nabard staff to join strike THIRUVANANTHAPURAM: Officers and employees of the regional office of the National Bank for Agriculture and Rural Development (Nabard) here will join the two-day nationwide strike called by the Nabard Officers Association and the All-India ... More
Bank strike today TRENDS Coins turn dead weight for some banks LOOK at how the much sought-after money becomes a burden for some of the banks such as Dhanalakshmi and Vijaya, which provide services to major pilgrim centres such as Sabarimala and Chottanikkara. They seem to be finding it difficult to ... More Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
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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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