Financial Daily from THE HINDU group of publications
Tuesday, December 27, 2005
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Financial Daily from THE HINDU group of publications Tuesday, December 27, 2005 |
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MONEY & BANKING FOREX Rupee firmer; gilts lacklustre MUMBAI: The rupee strengthened against the dollar on Monday on the back of foreign institutional investor (FII) inflows. The domestic currency opened at 45.13 and touched an intra-day high of 45.02. It closed at 45.0450/05, up from ... More HOUSING FINANCE GIC Housing rights issue MUMBAI: The board of directors of GIC Housing Finance Ltd has approved the issue of rights shares in the ratio of one share for every one share held. This was decided at a board meeting on Monday, according to a notice issued to the ... More RBI & OTHER CENTRAL BANKS RBI to man, fund Ombudsman scheme The scheme will be applicable to all commercial, regional rural, and scheduled co-operative banks. More PRIVATE BANKS No-frills savings a/c from LKB LORD Krishna Bank has opened a no-frills savings bank account. Individuals can open this account at any of Lord Krishna Bank branches. The account, which does not require a minimum balance, can be opened with a deposit of Rs 50. While the ... More
Leo Burnett to handle Centurion Bank account PUBLIC SECTOR BANKS Vijaya Bank opens new branch at Road No. 12 in Banjara Hills HYDERABAD: Vijaya Bank has announced the opening of a new branch on Road No. 12 in Banjara Hills. This is its 919th branch in the country, according to a press release. The new branch to be housed in K.R. Towers, would be a fully ... More
Vijaya Bank's new branch at Kankanady
Andhra Bank launches `no frills accounts' INTEREST RATES RBI can afford to lower rates IN most ways, astrology and monetary policy are con games dignified by the use of complex maths models. Strip the two of numbers and most times one's grandmother is a better bet than one's neighbouring banker. Stay put while in trouble, ... More SHORT TERM INSTRUMENTS 
Call rates rise on liquidity tightness — Sensex nosedives 171 pointsThough rates ended the session at 6.5-6.75 per cent, dealers say the call market is likely to be volatile for the rest of the week due to fears of IMD redemption. Today, RBI lent Rs 17,680 crore to banks through the repo auction. The advance ... More SOCIETY & DEVELOPMENT Punjab National Bank presents house to tsunami-hit person at Pallipuram PUNJAB National Bank has given house to a tsunami affected person at Pallipuram in Ernakulam district. At a function held here, Dr M.A. Kuttappan, MLA, handed over the keys of the newly built house to the beneficiary Ms Thressiama. Speaking on ... More Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
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Looking back Dec. 18-Dec. 24 RoC e-initiative to open up data on India Inc Life insurers book gains in equities; invest in bonds Index investing lags in India Large claims on account of floods — PSU insurers may trim dividend payouts IRDA issues ULIP guidelines; fixes minimum death benefits Indian holdings in US treasuries down at $14 b Forex reserves surge by over $1 billion SBI on `Tiny' drive in rural areas |
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