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Monday, May 15, 2006
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MONEY & BANKING

INSIGHT

Fallout of interest rate uncertainties
The prospects of a further interest rate rise in the US have serious implications for the world economy. Corporates in India and other developing countries may have to depend only on domestic sources of loan funds. Perhaps, this is all for the good a s it will speed up deepening of the bond markets of Asia and Latin America. Dr Reddy always has his guidance right. "Expect the rate to rise, if inflation rises. And as long as OPEC is on top, there is no other way the rate can go, in India or e lsewhere". More

NBFCS

StanChart to grow Prime Financial
Targets small incomegroups for lending More

FINANCIAL POLICY

Govt may drop plan to set up authority for revamp of weak PSBs
Likely to usher in system of administrator as suggested by RBI More

DEBT MARKET

Bond trade wary of hardening rates, rising crude prices
Bankers keen on long-term funds for farm sector, infrastructure funding More

HUMAN RESOURCES

SBBJ plans incentives for `best performing officers'
Incentives range from Rs 4,500 to Rs 50,000 More

RBI & OTHER CENTRAL BANKS

World Bank to step up assistance programme
Talks on with four States for new infrastructure projects More

PRIVATE BANKS

DCB opens new branch at S.R. Nagar in Hyderabad
Development Credit Bank has announced the opening of its new branch at S.R. Nagar here on Saturday. In a press release, the bank said its Managing Director, Mr Gautam Vir, inaugurated the branch which would host a special ... More

FINANCIAL INSTITUTIONS

Fresh Exim Bank thrust for rural products
Signs co-operation pacts with NGOs; helps bag orders from corporates More

PEOPLE

New director on SBH board
State Bank of Hyderabad has announced that Mr I. Ram Reddy has been appointed as director on its board. Mr Reddy is currently working as head cashier at the bank's Karimnagar branch. He is Secretary of the All-India SBH Staff ... More
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Top Stories
`Adjusted for inflation, oil not at all-time high'

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Fallout of interest rate uncertainties
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In Depth
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Looking back
May. 7-May. 13
High oil prices, MSS resumption lead to hardening of yields
PSU insurers' market share drops to 73%
IRDA for 20 pc cap on motor premium changes
Forex reserves rise by $1.71 b
Banks continue to be wary of some State loans

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