Financial Daily from THE HINDU group of publications
Thursday, January 05, 2006
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Financial Daily from THE HINDU group of publications Thursday, January 05, 2006 |
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MONEY & BANKING INSIGHT `Standard' lag in accounting for financial instruments K. C. Chakrabarty on accounting practices in bank treasury operations More FOREX Rupee posts sharp gains, bonds fall MUMBAI: The rupee substantially appreciated against the dollar on Wednesday in tandem with the global rally of some of the major currencies against the greenback. The domestic currency opened at 44.84, up from 45.04 on Tuesday. It then ... More INFORMATION TECHNOLOGY RTGS system extended to over 15,000 branches THE coverage of Reserve Bank of India's Real Time Gross Settlement (RTGS) has exceeded 15,000 bank branches. The target was achieved two months ahead of schedule indicating the popularity of the funds transfer service, said a release from ... More NBFCS M&M Financial plans pref issue MUMBAI: Mahindra and Mahindra Financial Services Ltd will issue 40 lakh equity shares on a preferential basis to foreign institutional investors and other domestic investors at a premium. In an announcement to the BSE on Tuesday, the ... More PRIVATE BANKS KVB mobile banking CHENNAI: Karur Vysya Bank (KVB) has launched mobile banking services through SMS. The new service enables savings and current account-holders to view account information such as balance, transaction status and cheque status by sending SMS ... More INTEREST RATES 
SBT increases NRE, FCNR deposit ratesTHIRUVANANTHAPURAM: State Bank of Travancore (SBT) has raised NRE term deposit and FCNR deposit rates with effect from January 1, 2006. |
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