![]() Financial Daily from THE HINDU group of publications Monday, October 17, 2005 |
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MONEY & BANKING INVESTMENT BANKING SBI Caps to tap rural biz through parent's network SBI Capital Markets Ltd (SBI Caps) plans to expand stock broking services to the rural regions. Speaking to reporters here, Mr K. Ashok Kini, SBI's Managing Director, said that SBI Caps hoped to open at least 40 branches by next March. Mr ... More OVERSEAS BORROWINGS
Infrastructure funding: Banks too may tap ECBsTHE next big liberalisation of the policy on external commercial borrowings (ECB) is likely to provide a major boost to infrastructure financing. The Government and the Reserve Bank of India are working on a plan to permit a number of new ... More GENERAL INSURANCE
AP CM stresses on promoting health insuranceDr Reddy said though health insurance is prevalent in most of the developed countries, it is yet to take off adequately in India. More
Medical insurance for Kerala Govt employees PRIVATE BANKS ICICI Bank's Coonoor arm COIMBATORE: ICICI Bank has established its first branch and ATM in the hill town of Nilgiris at Coonoor. According to a release, the branch would function between 9 a.m. and 5.30 p.m. during weekdays and up to 1.30 p.m. on Saturday. It ... More PUBLIC SECTOR BANKS Banks' CD ratio crosses 60 pc in Kerala THE credit-deposit ratio of commercial banks in Kerala stood at 61.25 per cent in the first quarter of the current year. The State Level Bankers Committee, which reviewed the performance of the bank in the first quarter here, however, expressed ... More INTEREST RATES SBT cuts loan rates for festive season STATE Bank of Travancore is offering reduced rates of interest on housing and car loans for the festival season. The reduced rates will be for loans sanctioned up to October 31, according to a statement from the bank. Housing loans ... More GOVT BONDS
Bonds get little support from life insurersBONDS remained weak last week in the absence of buyers as inflationary worries dampened market sentiment. What ensured that bond yields remained firm was the large-scale exit by foreign institutional investors from the equity markets and ... More TRENDS RailTel seeks green signal for ATMs at stations RailTel, a Rail Ministry PSU, will provide the network for the ATM kiosks while space will be given by the Rail Ministry. More NEW PRODUCTS & SERVICES CanBank launches scheme for artisans CANARA Bank has launched `Cantools' a new finance scheme intended to help artisans and self-employed people acquire power tools. Launching the scheme in the city, Mr B. Swaminathan, Executive Director, Canara Bank pointed out that `Cantools' ... More Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
Top Stories In Focus Indian Aviation: Sky is the limit Stock splits India Inc's bonus bonanza Dabhol power regenerated Sethusamudram Canal Project India Inc's overseas acquisition
In Depth Gender Justice Simple Economics Tax Talk
Looking back Oct. 9-Oct. 15 European Central Bank likely to raise interest rate by 25 basis points Forex reserves up $42 m Bond yields harden on rising credit demand IRDA beefing up inspection To meet credit demand growing at over 33 pc Banks find CBLO route attractive Govt to float bonds to fund small hydel power projects UTI Bank net rises to Rs 109 cr in second quarter |
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