![]() Financial Daily from THE HINDU group of publications Friday, December 16, 2005 |
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MONEY & BANKING FINANCIAL SERVICES IL&FS Investsmart raises $90 m through GDR FINANCIAL services firm IL&FS Investsmart has raised $90 million through its maiden global depository receipts (GDR) on the Luxembourg Stock Exchange. The issue was priced $4.28 per GDR (Rs 197), at a discount compared to the ruling domestic ... More REGIONAL RURAL BANKS
RBI board meets chiefs of RRBsTHE Reserve Bank of India brass on Thursday met the chiefs of regional rural banks to assess their condition, according to Mr V. Leeladhar, Deputy Governor. The central bank's initiative is said to have assumed significance in the light of ... More FOREX Rupee rises further; bond prices edge up MUMBAI: The rupee substantially rose against the dollar on Thursday, gaining 30 paise on the back of foreign institutional investor inflows and in tandem with a global rally in major currencies. In the last two days, the rupee has gained ... More SOFTWARE Laser Soft in talks with SIs Laser Soft Infosystems Ltd, a Chennai-based software company, is in talks with various system integrators (SIs), including Wipro and HP, to integrate its low cost core banking solution, Panacea, with their products, according to Mr B. Suresh ... More CONSUMER FINANCE SBI car loan carnival HYDERABAD: State Bank of India (SBI) is organising a two-day car loan carnival in association with Maruti Udyog Ltd here from December 17. The festival is being organised on the eve of `Wheels of India' joint campaign by SBI and Maruti ... More LIFE INSURANCE
SBI insurance ads up to lifeDOES the word insurance strike terror in your heart, remind you of the definite "something" that's going to happen? Perhaps it is wrong to begin this way, because that's exactly what SBI Life doesn't want to do. It wants to associate insurance ... More
ING Vysya Life to support hockey GENERAL INSURANCE Crop insurance mooted for coconut farmers THE international seminar on coconut on the theme "Global Coconut Industry - Outlook for the Future," organised by the Coconut Development Board recently in Goa, has recommended introduction of crop insurance to protect coconut farmers against ... More CREDIT RATING
Fitch upgrades ratings for SBI, ICICI BankINTERNATIONAL rating agency Fitch Ratings upgraded individual ratings for ICICI Bank and State Bank of India to `C' from `C/D'. The rating agency also affirmed other ratings of both banks at long-term foreign currency `BB+', short-term foreign ... More RBI & OTHER CENTRAL BANKS Expert group moots checks to prevent abuse of FII route The group said that a negative list of tax havens, whereby entities registered in these jurisdictions are prevented from attaining FII status, should be prepared. More PRIVATE BANKS SEBI uncovers scam in YES Bank IPO allotment Bans 13 investors from trading THE capital market regulator, SEBI, has unearthed a large-scale multiple application case in the recent YES Bank IPO and banned 13 investors from trading in the bank's shares with immediate effect. These investors have manipulated allotment of ... More
Modus operandi in YES Bank deal
HDFC Bank launches credit card for farmers PUBLIC SECTOR BANKS
Corporation Bank gearing for growth via acquisitions CRAR at a high 17 per centCORPORATION Bank is preparing for making acquisitions to grow in the western and northern regions of the country. Speaking to reporters here on Thursday, the Chairman and Managing Director of the bank, Mr V.K. Chopra, said, "We have no firm ... More
FINANCIAL INSTITUTIONS Small scale, big profits The Exim Bank is making a special push to ensure that rural India, particularly village women, too gets a small slice of the export market. More INTEREST RATES
No pressure on interest rates for now: KamathTHE interest rate conditions seem stable, given the monetary policy and market signals, said Mr K.V. Kamath, Managing Director and Chief Executive Officer, ICICI Bank. As the monetary policy had underscored the liquidity position, which is ... More SHORT TERM INSTRUMENTS T-bills auction fully subscribed THE auctions of the 91-day and the 182-day treasury bills on Wednesday were fully subscribed. The notified amount for the 91-day treasury bill was Rs 500 crore. The Reserve Bank of India received 40 competitive bids, amounting to Rs 1,820.11 ... More TRADE & LABOUR UNIONS KBOO meet at Mangalore on Dec 18 MANGALORE: The Karnataka Bank Officers' Organisation (KBOO) will hold its 14th conference in Mangalore on December 18. A KBOO release said on Thursday that Mr R.J. Sridharan, General Secretary of the All-India Bank Officers' Association ... More Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
Pick a Winner Stock Market Contest
Top Stories In Focus Trends in IT - 2005 FDI in retail sector Indian Aviation: Sky is the limit India Inc's bonus bonanza India Inc's overseas acquisition
In Depth Gender Justice Simple Economics Tax Talk
Looking back Dec. 4-Dec. 10 Bonds remain firm on softening crude rates Crop cover: Satellite images to assess claim payouts Is multiple floor rates the remedy? Caution marks banking deals with Pakistan SBI upgrades plan to roll out ATMs We expect explosive growth on this front: Purwar Forex reserves rise $921 m IRDA plans third-party risk pool for motor insurance |
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