The Hindu Business Line : Thursday, January 24, 2008

FARM CREDIT
Kerala to waive co-op farm loans in Wayanad dist
Thiruvananthapuram, Jan. 23 The Kerala Cabinet has decided to write off the loans taken by small farmers from cooperative banks in the distressed Wayanad district.The Chief Minister, Mr V.S. Achuthanandan, told newspersons after the ... More

INSIGHT
Seven issues that will keep banks busy on the Basel front
More

FINANCIAL PERFORMANCE
Dena Bank net rises 43%
Mumbai, Jan 23 Dena Bank has reported a 43 per cent growth in its Q3 net profit at Rs 101.07 crore, against Rs 70.53 crore in the corresponding quarter of the previous year.The rise in net profit could be attributed to lower ... More

Other income doubles; Canara Bank net up 26%
Boston Consulting Group to help design new strategy More

Higher income lifts Union Bank net 42%
Mumbai, Jan. 23 Union Bank of India saw its net profit rise by 42 per cent to touch Rs 365 crore for the quarter ended December 31, 2007, against Rs 256 crore in the same quarter last year, due to healthy growth in both interest and ... More

Bank of Maharashtra net up 35% on income growth
Mumbai, Jan. 23 Bank of Maharashtra posted an increase of 35.06 per cent in net profit at Rs 100.38 crore for the quarter ended December 31, 2007, against Rs 74.32 crore in the corresponding quarter last year due to growth in income. ... More

PUBLIC SECTOR BANKS
Change needs to retain the past
Canara Bank has undergone an image revamp. But has anything changed? More

INTEREST RATES
Fed wants to arrest asset price fall
The Fed Chairman, Mr Ben Bernanke, may or may not like it but his predecessor Alan Greenspan’s spirit is alive and well at the Fed.It is all to do with asset price inflation. Mr Greenspan thought central banks had no way to figure ... More

Fed rate cut may spell more trouble for exporters
To deepen crisis in textile and clothing sector More

Rates unlikely to rise: SBI chief
Mumbai, Jan. 23 Interest rates are not expected to rise and may remain the same, said Mr O.P. Bhatt, Chairman, State Bank of India.The Chairman said that in case the RBI maintains status quo on interest rates in the monetary policy, it ... More

TRADE & LABOUR UNIONS
Talks fail; Bank staff, officers strike tomorrow
New Delhi, Jan. 23 Bank employees and officers are to strike work on January 25 as declared earlier. The conciliatory talks between the Centre, the United Forum of Bank Unions (UFBU) and Indian Banks’ Association (IBA) failed on ... More

ALLIANCES & JOINT VENTURES
SIB to vend Fidelity products
More

EVENTS
Fullerton’s biz meet in Srikakulam today
Fullerton India Credit Company Ltd is holding a vyaapar samaroh (business meet) here on Thursday and Friday for the benefit of small businessmen and the self-employed, according to a statement. The two-day meet will be held opposite Krishna ... More

Comments & Letters to the Editor to: bleditor@thehindu.co.in
Subscribe to: Business Line

Cross Currency Rates

People's car

P-Note blues

Union Budget 2007-08

Railway Budget 2007-2008

Economic Survey 2006-2007

Other Top Stories
NTPC using western port for importing coal to eastern region

Gujarat NRE Australian arm lines up A$300-m investment for mining

Don’t stub out listing gains with a greenshoe

Sensitive items import up 12% in Apr-Nov 2007

Other income doubles; Canara Bank net up 26%

L&T bags Gulf orders worth Rs 1,057 cr

Rates unlikely to rise: SBI chief

Looking back
Jan. 13-Jan. 19
Parekh sees softening of interest rates

Bond yields slide; non-debt capital flows lift rupee

PNB plans perpetual bond issue

Two cheers for the RBI

LIC Housing Finance Q3 net rises 38%

Capital gains from share sale lift IDBI Q3 net 39%

The love-hate story of the rupee and the $