![]() Financial Daily from THE HINDU group of publications Thursday, March 07, 2002 |
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MONEY & BANKING FOREX Rupee firm; securities dip Mumbai: THE rupee closed marginally firmer on Wednesday at 48.68/69 against the dollar as compared to the previous close of 48.6950/7050 in a lacklustre forex market. The rupee opened at 48.6950/7050. Forex dealers said that foreign banks were ... More INFORMATION TECHNOLOGY Novell solution for Bank of Rajasthan BANGALORE: Onward Novell Software (I) Ltd, a joint venture between Onward Network Technologies and Novell Inc, USA, has announced that Bank of Rajasthan has implemented a comprehensive IT infrastructure with Novell's NetServices ... More HOUSING FINANCE Housing loan rates seen holding steady THE interest rates on home loans are showing signs of staying steady at the current levels and are unlikely to soften steeply in the near term despite the recent cut in the administered interest rates by the Government, housing finance companies ... More
IFC to partner NHB in credit guarantee outfit
Birla Home Finance plans retail spread GENERAL INSURANCE Iffco-Tokio to tap co-ops for growth IFFCO-TOKIO General Insurance Ltd (ITGIL) has targeted co-operative societies and co-operative banks for expanding its insurance business. ITGIL is a joint venture between the country's largest co-operative, Indian Farmer's Fertiliser ... More PRIVATE BANKS Karnataka Bank relief package for farmers THE Mangalore-based Karnataka Bank has launched a package of measures for farmers in the context of the continuous downslide in the prices of several agricultural commodities. The package includes the launch of a new scheme Punaschetana ... More CORPORATE BONDS IDBI may cut rate on Flexibonds INDUSTRIAL Development Bank of India (IDBI) is likely to cut the coupon on its Flexibonds by an average of about 25-basis points. It is also likely to re-introduce the Money Multiplier Bond which was withdrawn in the last issue, sources told ... More PEOPLE Bhavin Shah joins JP Morgan MUMBAI: JP Morgan had announced that Mr Bhavin Shah would become the Managing Director and head of Technology Equity Research in the Asia-Pacific with immediate effect. Mr Shah joins JP Morgan from Credit Suisse First Boston (CSFB), ... More NEW PRODUCTS & SERVICES GTB mobile banking in Chennai HYDERABAD: Global Trust Bank (GTB) has announced the launch of its mobile banking facility Intouch for its customers in Chennai. The service is being offered in association with RPG Cellular. The bank's mobile banking ... More
Federal Bank plans more ATMs
ABN-Amro unveils service for `super rich' Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
Top Stories In Depth Inside Kashmir Guide to derivatives US-64 Looking back Feb. 24-Mar. 2 Forex reserves cross $50-b mark Income on deep discount bonds to be taxed yearly Budget to decide the next move HUDCO plans second tranche of Gujarat bonds Farmer group set to take SBI Life cover Big-ticket recoveries elude Indian Bank Banks to cut lending, deposit rates Sinha for linking interest rates to inflation |
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