The Hindu Business Line : Tuesday, December 15, 2009

MONEY & BANKING

CREDIT MARKET: Dewan Housing offers loans at 8% fixed rate
Dewan Housing Finance Ltd (DHFL) is offering a fixed rate of 8 per cent for the first two years for all new loans up to Rs ...

INSIGHT: Cloud over Islamic banking
When Dubai World decided to suspend payments on its $26 billion debt, among the loans involved was a $4.05 billion repayment on a $3.52 billion sukuk or Islamic bond issue. This presence of an instrument that has gained some prominence in ...

GENERAL INSURANCE: Private general insurers turn focus to bottomline
Result of hardening reinsurance rates, lack of capital support. In a bid to conserve capital, private sector general insurers have shifted business focus from topline ...

OVERSEAS INVESTMENTS: Bank of Baroda to open more branches abroad
Bank of Baroda, India's third largest bank, will soon be opening a foreign branch in Auckland, ...

PEOPLE: New Peerless board member
Mr Pranab Kumar Choudhury, Vice-Chairman and Group CEO of ICRA Ltd, has joined the Board of Directors of Peerless General Finance & Investment Company Ltd as non-executive director, according to release issued by Peerless. – ...

PRIVATE BANKS: Tamilnad Mercantile Bank opens 216th branch
The Tuticorin-based Tamilnad Mercantile Bank (TMB) opened its 216th branch, computerisedwithsafe deposit locker facility along with the 138th ATM, at Chembur, Mumbai, ...

PRIVATE BANKS: RBI hikes FII limit in Dhanalakshmi Bank
The RBI on Monday said FIIs and NRIs can purchase up to 49 per cent and 24 per cent respectively of Kerala-based Dhanalakshmi Bank's paid-up capital through primary and secondary markets and ...

FOREX: Rupee weakens in dull market
...

GOVT BONDS: Bond prices rise
...

AWARDS & HONOURS: IOB Coimbatore wins LIC's ‘Bima region' award
Life Insurance Corporation of India (LIC) has presented Indian Overseas Bank, Coimbatore region, with the ‘Bima Region' award for excellence in ...

SHORT TERM INSTRUMENTS: Call rates unchanged
...

PUBLIC SECTOR BANKS: Pranab opens UBI branch
As part of its plans to make available banking services to people in West Bengal, United Bank of India has opened its 1,474 {+t} {+h} branch at Mithipur in Murshidabad district. The branch was inaugurated by the Union Finance Minister, Mr ...

CREDIT MARKET: Exim Bank line of credit for Russian bank
Export-Import Bank of India has extended a $100-million Line of Credit (LoC) to the Russian State-owned Bank for Development and Foreign Economic ...

CRR & BANK RATES: CRR hike likely in January: Macquarie report
In view of the rising inflation and excess liquidity in the money markets, the Reserve Bank of India may hike the Cash Reserve Ratio next month and policy rates by April, according to a Macquarie Economic ...

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

Markets (Dec 11)

Nifty (at 3.30 pm)	5,105.70(-11.60)
US Dollar (Buy/Sell)	46.70/71
Brent crude (a bbl) Rs	3,305
Gold (a gram) Rs	1,593
Silver (a kg) Rs	27,950

Cross Currency Rates

In Focus
Nano - The People's Car

Mandate 2009

Who is hiring?

More

Other Top Stories
Nano deliveries will be over by Dec 2010: Tatas

Stimulus withdrawal may impact cement sector in the short term

Court pulls up Microsoft for ‘forum hiring'

Private general insurers turn focus to bottomline

India, Italy sign pact to enhance bilateral ties

Paul Samuelson, RIP

Looking back
Dec. 6-Dec. 12
Cos see need for forex risk management

Infrastructure holds potential for banks

GIC may hike aviation reinsurance rates by 15%

Refiners renew demand for SLR status for oil bonds

Rising price index worrying RBI Governor