Financial Daily from THE HINDU group of publications
Wednesday, November 16, 2005
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Financial Daily from THE HINDU group of publications Wednesday, November 16, 2005 |
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MONEY & BANKING NBFCS FIPB awaiting RBI's views on DBS' plan to pick up stake in Cholamandalam THE Foreign Investment Promotion Board (FIPB) is awaiting the views of the Reserve Bank of India on the pending proposal of DBS Bank Ltd, Singapore, seeking to acquire stake in Cholamandalam Investment & Finance Company. The Finance Ministry ... More LIFE INSURANCE LIC keen on entering health insurance Although health insurance was "most risky all over the world," LIC was still keen because of both customer expectations and existence of synergy between health and life insurance. More
ICICI Prudential premium income up 66 pc in H1 GENERAL INSURANCE Surveyors see flood claims from Chennai, Bangalore at Rs 70 cr According to insurers, losses in Chennai were more than in Bangalore because the former is a transit point for the transportation of goods and commodities for the rest of southern region. More PUBLIC SECTOR BANKS 
Indian Bank's capital restructure plan under study: ChidambaramTHE Finance Minister, Mr P. Chidambaram, on Tuesday said that Indian Bank had come up with a proposal to restructure its capital and he had promised the bank to consider it. "It is a much stronger bank today and is performing very well," ... More
PSBs opt for Tier II bonds to raise funds FINANCIAL INSTITUTIONS Chidambaram asks SFCs to tap capital markets AIMED at reviving the financial health of 18 State Financial Corporations (SFCs) across the country, the Union Finance Minister, Mr P. Chidambaram, has advised them to tap the capital markets and raise funds. According to Mr Chidambaram, ... More CREDIT MARKET United Bank-led team commits Rs 70-cr loan to Sikkim power co A CONSORTIUM of three banks led by United Bank of India has committed long-term loan aggregating Rs 70 crore to Sikkim Power Development Corporation Ltd (SPDCL). The deal, structured by SBI Capital Markets, is said to be the first of its kind ... More
SFCs, PSBs urged to work closely for better lending PUBLIC OFFER Andhra Bank gets nod for public issue ANDHRA Bank has informed the stock exchanges that its shareholders, at the extraordinary general meeting, have authorised the board to issue/ offer and allot 8.5-crore new equity shares for an aggregate nominal value of Rs 85 crore, subject to ... More PEOPLE Myth of the independent central banker MR Joseph Stiglitz is not your next door average man. He is among the most respected economists in the world. More important, he has something which Mr Alan Greenspan, the Chairman of the US Federal Reserve doesn't - a Nobel Prize in ... More TRENDS Hybrid capital gaining in significance for banks Hybrid capital, which has characteristics of both equity and debt, has found use in other markets by banks that have wanted to improve performance and meet compliance standards. More Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
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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 Nov. 6-Nov. 12 Insurers keen on high coupons only Differences over valuation — Federal Bank, Lord Krishna call off merger plan India, Pakistan agree to open bank branches Exporters revert to dollar invoices as euro weakens Centre allows 49 pc FDI in ARCs — To help clean up bad assets in banks Fall in currency assets pulls down forex reserves by $1 b |
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