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Wednesday, August 24, 2005
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MONEY & BANKING

INSIGHT


Non-governmental role models are alternatives
REFORMS = Privatisation. This equation now seems to have been more or less taken for granted the world over. The content of economic and financial reforms is essentially to sell or hand over businesses owned by Government to the private ... More

FOREX


Rupee weakens; bonds move lower
MUMBAI: The rupee further depreciated against the dollar on Tuesday on account of importer-related demand and reduced foreign institutional inflows into the equity markets. The domestic currency opened at 43.64/65 and touched an ... More

NBFCS


Non-deposit-taking NBFCs under Cos Act favoured
THE Associated Chambers of Commerce and Industry of India is of the view that non-deposit taking non-banking financial corporations (NBFCs) should not be governed by the Reserve Bank of India and should be regulated under the Companies Act, 1956 ... More

GENERAL INSURANCE


Mumbai motor claims now hit spares hurdle
THE repair of cars damaged in the floods has been further delayed by the lack of spare parts. While insurance companies have arrived at settlements with car dealers and surveyors with respect to labour charges, the lack of spare parts could cause ... More

PRIVATE BANKS


HDFC Bank to lend more for micro-financing
HDFC Bank is planning to increase its financing in micro-finance institutions. Mr N.S. Kishore Kumar, Head — Agri-business and Micro Finance, said, "We are hoping to increase our funding to Rs 250 crore this year compared to Rs 75 crore in ... More

  • Catholic Syrian Bank at Bhubaneswar

    INTEREST RATES


    Rush for swapping as rates move up overseas — Banks to apply exposure norms on ECB refinancing
    DOMESTIC banks have indicated that exposure norms would be applied to corporates that refinance external commercial borrowings (ECB). Banking sources said that during the last few months, several large corporates attempted to substitute ECBs ... More

    CREDIT CARDS & DEBIT CARDS


    HDFC Bank, Idea Cellular launch co-branded cards
    IDEA Cellular today announced a tie-up with HDFC Bank to launch a range of co-branded products - a Visa credit card for its subscribers and a post-paid connection for HDFC Bank credit card customers. The Visa credit card is available in ... More



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    Top Stories
    Hyderabad International Airport achieves financial closure


    Rush for swapping as rates move up overseas — Banks to apply exposure norms on ECB refinancing

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    National Employment Guarantee Scheme — Well-intentioned, but poorly designed

    In Focus

    BHEL Disinvestment
    The Yuan Revaluation
    Dabhol power regenerated
    Tracking the rains
    Sethusamudram Canal Project
    India Inc's overseas acquisition
    More

    In Depth

    Gender Justice
    Simple Economics
    Tax Talk
    More

    Looking back
    Aug. 14-Aug. 20
    Forex reserves rise by over $2 b

    Banks shed longs to meet credit demand

    Private non-life players' market pie up at 35 pc

    HDFC plans listing of BPO venture

    Economy can absorb petro-price shock


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