Financial Daily from THE HINDU group of publications
Thursday, April 14, 2005
Financial Daily from THE HINDU group of publications Thursday, April 14, 2005 |
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MONEY & BANKING FOREX Rupee weakens, bond prices rise MUMBAI: The rupee weakened against the greenback on dollar buying on Wednesday. A widening gap in the US trade deficit figures with exports showing a robust growth also helped the dollar to strengthen. Having opened at 43.71, the rupee ... More FINANCIAL PERFORMANCE 
HDFC Bank Q4 net up 30% on higher credit, fee income — To pay 45 pc dividendHDFC Bank has reported a 30.8 per cent increase in its net profit at Rs 202.4 crore for the fourth quarter ended March 31, 2005, against Rs 154.7 crore in the corresponding quarter last year. An increase in credit and income from fees and ... More LIFE INSURANCE Teradata to provide data warehousing solutions to LIC TERADATA, a division of NCR Corporation, will be providing data warehousing solutions to Life Insurance Corporation. The Corporate Active Data Warehouse will cater to the 160 million policies held by 130 million policyholders and the large ... More PRIVATE BANKS 
IndusInd Bank sees 45 pc growth in credit offtakeINDUSIND Bank is expected to maintain a 45 per cent growth in credit offtake during the current fiscal, a top official of the bank said. Loans for the year 2004-05 have grown at 45 per cent and have outstripped the deposit growth, Mr Bhaskar ... More PUBLIC SECTOR BANKS OBC eyes Rs 1-lakh cr biz this fiscal BUOYED by the significant reduction in operating losses of the erstwhile Global Trust Bank (GTB) during the quarter ended March 2005, Oriental Bank of Commerce (OBC) has set a target of achieving Rs 1-lakh crore business for the combined entity ... More NON-PERFORMING ASSETS S&P lauds RBI norms on NPA sale by banks STANDARD & Poor's Ratings Services on Wednesday said that Reserve Bank of India's draft guidelines on the sale and purchase of non-performing assets (NPAs) by banks, issued on Tuesday, is a move in the right direction toward better enforcement of More CREDIT MARKET Banks to scan closely educational trust loans Most bankers are still unaware of the restrictions in the Tamil Nadu Land Reforms Act (1961) and have been advancing to educational institutions. Some have, following circulars from the central/zonal offices, turned cautious. More ADVERTISING Banking on publicity Most private banks are spending huge sums on brandbuilding and acquiring new customers, but what they should actually concentrate now is on retaining their existing clientele. More STANDARDS & BENCHMARKS Andhra Bank Staff College certification HYDERABAD: Andhra Bank Bank Staff College has been accredited with the ISO 9001:2000 certification for implementation of quality management systems in its operations. The certificate was issued to the staff college for designing and ... More Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
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Looking back Apr. 3-Apr. 9 Forex reserves down $1.22 b at $140.9 b The RBI Governor's policy options Explosive growth in micro-loan disbursements Banks losing interest in long-dated G-secs April 28 deadline set for pension panel report PF subscribers face housing loan woes |
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