Financial Daily from THE HINDU group of publications
Thursday, April 28, 2005
Financial Daily from THE HINDU group of publications Thursday, April 28, 2005 |
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MONEY & BANKING REGIONAL RURAL BANKS Kerala agri rural banks seek operational autonomy THE cooperative Agriculture and Rural Development Banks (ARDBs) in the State have demanded operational autonomy that would enable them emerge as a `one-stop' destination for all types of rural credit requirements. In a presentation made before ... More FOREX Rupee weakens; bonds steady MUMBAI: The rupee lost Tuesday's marginal gains as oil companies bought dollars to meet their import demands. A weak Euro also helped the dollar to gain, said dealers. The rupee ended trade at 43.7205 on Wednesday against the US ... More FINANCIAL PERFORMANCE DKGO Coop Bank profit up MANGALORE: The Dakshina Kannada Government Officers' Cooperative Bank Ltd recorded a profit of Rs 42.16 lakh during 2004-05. Addressing presspersons here on Wednesday, the Chairman of the bank, Mr K. Prakashchandra, said there has been an ... More
LIFE INSURANCE LIC first premium income up 30 pc LIFE Insurance Corporation of India (LIC) has announced a 30-per cent increase in first premium income of Rs 15,840.67 crore in 2004-05 over Rs 12,179 crore last year. Of this, Rs 12,174 crore came from individual business, where the company sold ... More FOREIGN DIRECT INVESTMENT `Cap on pension sector FDI likely at 26 pc' The PFRDA chief said he had an "open mind" on the investment limits proposed for the schemes floated by the PFMs. More PUBLIC SECTOR BANKS Bank of Rajasthan stamp franking biz crosses Rs 100 cr BANK of Rajasthan has crossed the Rs 100-crore mark in its stamp franking business within one year of getting the licence from the Maharashtra Government, according to a press release issued by the bank. The release also quoted Mr Pravin Kumar ... More FINANCIAL INSTITUTIONS 
IDFC to tap capital market in June — Net rises 17 pc in 2004-05INFRASTRUCTURE Development and Finance Company (IDFC) has reported a 17 per cent increase in net profit to Rs 304 crore from Rs 259 crore in the previous financial year. Its total income in 2004-05 increased by 14 per cent to Rs 728 crore. ... More
RBI directive to FIs on risk exposure NON-PERFORMING ASSETS 
Central Bank plans ARC with 3 other banks`It is a big market for us. Around Rs 2,00,000 crore is locked in NPAs.' More SHORT TERM INSTRUMENTS RBI may trim market stabilisation scheme mop-up IN a bid to stem the rise in yields, the Reserve Bank of India is likely to prune the amounts mopped up through the market stabilisation scheme (MSS). Bankers expected the pruning to take place during the lean season credit policy announcement. ... More CREDIT CARDS & DEBIT CARDS ICICI Bank offers credit card facility to Air Deccan agents CREDIT cards are no longer tools of personal finance. They provide an alternative means of raising working capital for companies, especially in the small and medium enterprises sector. Witness the recent introduction of credit cards by ICICI ... More PEOPLE 
Purwar to head IBAMUMBAI: Mr A. K. Purwar, Chairman, State Bank of India, has been appointed as the Chairman, Indian Banks' Association (IBA). Mr Purwar succeeds Mr P. S. Shenoy, Chairman and Managing Director, Bank of Baroda, who retired recently, said a ... 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 China's 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 Apr. 17-Apr. 23 Bank credit rises by Rs 49,610 cr Forex reserves rise by $253 million Banks offering new schemes to lure women depositors RBI move has primary dealers in a cleft stick PSB mergers: Facilitating amendments to Acts likely Software czars, economists and other animals Bank deposits losing favour with NRIs Private life insurers yet to break even |
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