MONEY & BANKING
FOREX
Start hedging liabilities, bankers tell importers, cos
With high oil prices, rupee is due for some correction, they say
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Re sheds 2 paise against dollar
The rupee moved in a narrow range against the US dollar and ended lower at 39.38/39 against the previous close of 39.36/37. The domestic currency had opened at 39.36/37 and touched a low of 39.42 during the day trade. A forex dealer with a ...
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SOFTWARE
i-flex, Munich co join hands
i-flex Solutions Ltd and IZB Informatik-Zentrum, a Munich-based IT and telecommunication service provider, have partnered to deliver a full range of banking application services to German banks. Through this arrangement, i-flex and IZB ...
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HOUSING FINANCE
LIC Housing's retirement village
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LIFE INSURANCE
Reliance Life to get Rs 1,500-cr capital infusion in next 3 years
Rakes in Rs 930-cr new biz premium so far this fiscal
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ING Vysya Life to infuse Rs 150 cr by March
Chennai, Nov 21 ING Vysya Life Insurance intends to bring in another Rs 150 crore of capital before March 2008, sources in the company told Business Line today. At present, the company has a capital base of Rs 790 ...
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GOVT BONDS
Bond prices down 7 paise
Bond prices fell by seven paise and the yields hardened by two basis points on Wednesday due to cash crunch in the system. “Though the cut-off from auctions was good, there were concerns on oil prices and liquidity, which pushed the bond ...
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SHORT TERM INSTRUMENTS
Call rates end lower
The inter-bank call rates closed lower at 5.75-6 per cent against the previous close of 7.75-7.85 per cent. In the first one-day repo auction under Liquidity Adjustment Facility, the Reserve Bank of India received and accepted 35 bids for Rs ...
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CUSTOMER RELATIONSHIP MANAGEMENT
ICICI Bank, J&J tie up
ICICI Bank has joined hands with Johnson & Johnson, world’s largest healthcare product manufacturer and had offered a free blood glucose monitoring test for its customers at Vadakara branch. The programme was open for all its walk-in ...
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