ICICI Bank bags 40 per cent of corporate bond market 
Mumbai: ICICI Bank has gained 40 per cent of the domestic corporate bond market. The banks current bond trading range is pegged at Rs 100 crore, he said adding that the banks transaction is helping a secondary market to develop. 
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Staff irked over disciplinary action in LKB hawala case 
Thiruvanathapuram: Controversy seems to be following the Kerala-based Lord Krishna Bank Ltd like a shadow. The latest in the series is a raging row between a section of the bank staff and management over the manner in which disciplinary actions were initiated against nine staff members. 
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Evaluate risks in core sector funding 
Kolkata: Indian Banks Association is examining ways and means of infrastructure financing by banks, according to the IBA chairman, Dr Dalbir Singh. 
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Clearing Corpn money product mock test soon
Mumbai: The Clearing Corporation of India's new money market product Collateralised Borrowing and Lending Obligation is to be made operational shortly. 
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Geojit mulls financial literacy programme
Kochi: Continuing its efforts to evolve into a wealth management company, Geojit Securities Ltd is all set to kick off a training programme that will help people effectively structure their investments by matching personal needs and risk profile.
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LIC not keen on infrastructure contribution
Chennai: Life Insurance Corporation of India is "not keen" on contributing to the Infrastructure Equity Fund, which has been set up by the Central Government, for providing equity assistance to infrastructure projects. 
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Insurance cos learn from banks' VRS mistakes
Bangalore: The costs of the voluntary retirement scheme proposed by the four public sector companies are to be treated as deferred revenue expenditure. 
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Minister's note on options for insurance officers
Kolkata: The All-India General Insurance Field Workers Association has clarified that the Union Finance Minister has offered only three options for rationalisation of the 13,000-strong development officers in the four public sector non-life insurance companies. 
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UWB board to stay till next AGM
New Delhi: The Company Law Board has said that the existing board of United Western Bank Ltd will continue till the date of the annual general meeting due for the year 2001-02. 
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No RBI word on merger: Nedungadi
Kochi: The Nedungadi Bank has not received any communication either from the Reserve Bank of India or the Government of India regarding the take over or merger with any other bank. 
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IndusInd to write off part of bad debts
Mumbai: ndusInd Bank plans to increase its deposits and advances by 15-20 per cent in the current financial year, according to the Managing Director, Bhaskar Ghosh. 
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Diners Club, Citibank, Taj team up to launch hospitality card
Mumbai: Diners Club, Citibank's premium travel and entertainment card and the Taj Hotels, Resorts and Palaces have launched the Taj Epicure Diners Club international card. 
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UCO Bank to go for IPO next fiscal
Mumbai: UCO Bank will go public in 2003-04 fiscal, says V. P. Shetty, the Chairman and Managing Director of the bank. 
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21 urban co-op banks under liquidation
Hyderabad: Twenty-one co-operative urban banks out of 170 based in Andhra Pradesh are under liquidation and the State Government is working out ways to streamline their functioning. 
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ICICI Bank launches new product for corporates
Mumbai: ICICI Bank on Wednesday launched a new current account product - the Roaming Current Account. Targeted mainly at what it calls emerging corporates (with a net worth in the range of Rs 50 lakh to Rs 50 crore), the product offers `anywhere banking' across 250 of its interconnected branches in 140 cities.
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