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Nabard puts insurance foray on back-burner
Mumbai:
The state-run National Bank for Agriculture and Rural Development has put its foray into the insurance sector on the back burner
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Tata AIG targets selling over 2.5 lakh life policies in ’03
Mumbai:
Tata AIG, which sold around one lakh life insurance policies during 2002-03, is aiming to sell over 2.50 lakh policies during the current year.
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ING Vysya launches three new products
Mumbai:
ING Vysya Life Insurance on Thursday launched three new endowment products viz. Powering Life limited payment endowment plan, Creating Life child protection plan and Reassuring Life endowment plan with reversionary bonus.
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ICICI Bank to open offices in Singapore, China in a month
New Delhi:
ICICI Bank is all set to launch its first off-shore branch in Singapore and another representative office at Shanghai, China, in a month’s time.
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Crisil reaffirms Infosys ratings
Mumbai:
Notwithstanding Infosys Technologies lower-than-expected earnings and the slide on the stockmarkets, rating agency Crisil has reaffirmed the ratings assigned to the company's long-term and commercial paper programmes, which stand rated at AAA and and P1plus, respectively
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IIBI to look for synergies with banks
Mumbai:
Industrail Investment Bank of India Ltd (IIBI) is likely to hold dialogue with commercial banks for synergising its expertise in developmental finance with other types of retail banking.
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BoI raises FCNR deposit rates
Mumbai:
Bank of India has marginally increased the rates of interest on foreign currency non-resident (FCNR) deposits in US dollar, British pound and Euro with maturity above two years. Back Back to News Review index page  

Ministry to meet DRT officers on April 19
New Delhi:
The Ministry of Finance has proposed to convene a meeting of the presiding officers (POs) of the Debt Recovery Tribunals (DRTs) on April 19 at New Delhi to review their functioning.
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Note-banding machine from Advanced Elec
Hyderabad:
Advanced Electronic Systems, a Hyderabad-based manufacturer of electronic control and automation equipment, has announced its entry into the area of currency equipment for banking sector by introducing what it claims are new-generation banding machines with embedded control system
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domain - B : Indian business : News Review : 11 April 2003 : banking and finance