The Hindu Business Line : Monday, September 30, 2002

Heads we win, tails you lose!
THAT is how dollar bears are viewing the Indian rupee foreign exchange markets. After a stout defence of its 48.40 support, the dollar finally gave way to sustained and continuous supplies to close the half-year at 48.38, which is an 8-month ... More

Bailout conundrum
Japanese yen depreciated sharply to almost touch 124 levels against the dollar. In the environment where dollar continues to remain weak against all the other currencies, this move stands out. The Japanese Prime Minister has indicated that the Govern ment would bring the third `anti-deflation' package in October. More

HOUSING FINANCE

Andhra Bank plans campaign

INTEREST RATES

CEOs favour 50 bps cut in bank rate to spur growth
A REDUCTION in the bank rate in the mid-year review of the monetary policy will help in strengthening and sustaining the revival of industry, a snap poll of Chief Executive Officers (CEOs) has shown. The poll also shows that the industry ... More

GOVT BONDS

Bankers bet on PSU debt papers for large spreads
BOND markets continued to be lacklustre for the second consecutive week, with traders gripped by fears over fiscal deficit and rising inflation. As a result, the 10-year yield to maturity (YTM) remained almost steady at 7.18 on a weighted ... More

CO-OPERATIVES

Charminar bank revival: CM's intervention sought
The Andhra Pradesh Chief Minister, Mr N. Chandrababu Naidu, has been urged to intervene in the matter relating to the collapse of the Hyderabad-based Charminar Urban Co-operative Bank Ltd, and work out ways to revive the bank to safeguard the ... More

BOOKS

How to manage NPAs
Managing Non-performing Assets in Banks
By S. N. Bidani
Publishers: Vision Books
Price: Rs 325 More

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Sep. 22-Sep. 28
NCAER concern over cost of high forex reserves

IRDA fiat on third-party cover `hurting' non-life insurers

Eighth bipartite wage settlement — IBA, union talks on Oct 18

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