The Hindu Business Line : Sunday, July 10, 2005

Forex reserves fall by over $1 b
THE country's foreign exchange reserves declined in excess of $1 billion on account of currency revaluation. Forex reserves have shrunk for the second week in a row. For the week ended July 1, forex reserves fell by $1.447 billion to touch ... More

STOCKS

IL&FS Investment Managers: Sell
INVESTORS in the stock of IL&FS Investment Managers can consider selling their holdings. The stock has run up sharply in the wake of the initial public offering of a group company, IL&FS Investsmart. The stock has risen by nearly 50 per cent More

CREDIT MARKET

Education loans: Bankrolling dreams
IF YOU aspire to pursue higher education or a professional course, don't let the cost of the programme hold you back. If you are sure that taking the course will improve your job prospects, you could take an education ... More

Bank credit up
MUMBAI: Gross bank credit increased by Rs 11,197 crore for the fortnight ended June 24 to touch Rs 11,61,387 crore, according to the Reserve Bank of India's Weekly Statistical Supplement. This is inclusive of food credit, which ... More

SHORT TERM INSTRUMENTS

T-Bills auction

FIXED DEPOSITS

CUB rate attractive
City Union Bank: Senior citizens can consider investing in the short-term deposits of City Union Bank. The bank offers 6 per cent for deposits maturing in six months, 7 per cent for one-year deposits and 7.50 per cent for two- ... More

MERGERS & ACQUISITIONS

PNB eyeing management control with equity stake in Bangla bank
PUNJAB National Bank (PNB) is eyeing management control with equity participation in a Bangladesh bank. Initial discussions on the issue have already taken place. PNB is interested in taking the negotiations forward. While the name of the ... More

PUBLIC OFFER

Syndicate Bank: Invest at Rs 50
INVESTMENTS in the public offer of Syndicate Bank can be considered at Rs 50 per share. The offer valuation, the increasing possibility of substantial growth in credit offtake for the second successive year, the ... More

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Forex reserves fall by over $1 b

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