Financial Daily from THE HINDU group of publications
Saturday, May 11, 2002
| Forex Rates May 10 (4.30 p.m. IST) | ||||||||||
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Financial Daily from THE HINDU group of publications Saturday, May 11, 2002 |
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MONEY & BANKING FOREX 
Case for national balance sheetTHE Deputy Governor of the Reserve bank of India, Dr Y.V. Reddy, today made out a case for a national balance sheet approach which would take into account the assets and liabilities of not only the Government entities but also of the private ... More
Re goes leaner at 49/49.01 HOUSING FINANCE Union Bank cuts housing loan rates The revised rates are 10.5 per cent (floating) for loans repayable within five years and 11 per cent for loans which have a tenure of five years and above. The borrowers have the option of locking into fixed rates as well, in which case the ... More PUBLIC SECTOR BANKS It's payback time for banks now IT'S payback time for public sector banks. Many banks are returning a part of their capital to their owner - the government. What started as a trickle now threatens to become a flood as banks queue up to get permission from the RBI and the ... More GOVT BONDS SEBI to probe fund misuse by Home Trade THE Securities and Exchange Board of India (SEBI) may look into the possible diversion of funds into the stock market by the controversy-ridden Home Trade. "We may look into any diversion of funds into the stock market through the stock broking ... More CORPORATE BONDS REC launches 2 tax savings bonds RURAL Electrification Corporation (REC) today launched two tax-savings bond issues aimed at middle-class tax payers. The bonds offer both Section 88 and Section 80L tax benefits to investors. The debt instruments have been granted a triple A ( ... More
ICICI Bank seeks SEBI nod for safety bond issue NON-PERFORMING ASSETS State-wise list of loan defaulters by June `Drastic penal measures including disenfranchisement and imprisonment, apart from attachment and confiscation of assets and properties, are needed to rein in the growth in NPAs.' More CO-OPERATIVES Commissioner of seamen PF to go -- DG Shipping lodges plaint with CBI THE Director-General of Shipping today lodged a criminal complaint with the Banking Securities and Fraud cell of the CBI alleging wrongful deployment of Rs 92.78 crore belonging to the Seamen's Provident Fund. This decision follows the loss of ... More
RBI working on new co-op bank policy
Co-op banks: Maharashtra plans to eliminate brokers
AP Co-op bank unions oppose move to link wages to profits
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Top Stories In Depth Inside Kashmir Guide to derivatives US-64 Looking back Apr. 28-May. 4 Forex reserves cross $55 b Cut in savings bank rates expected No separate supervisor for urban co-op banks Banks asked to adopt flexible interest rates ICICI Prudential unveils two new pension schemes You bet, forex is the bigger asset! HC to the rescue of MCC Fin depositors -- API told to hand over Bhandup land for sale Fresh norms for nidhis on deposits timeframe Live events turn on insurance cos |
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