|
SBI
prepares groundwork for pension funds business
New Delhi: The country’s biggest public sector
commercial bank, State Bank of India, has started the
groundwork for setting up the infrastructure for pension
funds business.
Back
to News Review index page
Pension
authority likely in 2 months, says Adsul
New Delhi: The government hopes to set up a pension
regulatory authority within the next two months. “We
are according it top priority,” minister of state
for finance Anandrao Adsul said here on Monday.
Back
to News Review index page
LIC
to continue some of guaranteed return schemes
Mumbai: Despite a drastic fall in the interest rate
and a fluctuating stock market, the Rs 2,30,000-crore
Life Insurance Corporation of India will continue to offer
guaranteed return on some of its schemes.
Back
to News Review index page
Reliance
Capital Q4 profit up
Mumbai: Relaince Capital has registered a marginal
rise in net profit at Rs 26.99 crore in the quarter ended
March 31, 2003 against Rs 25.75 crore in the corresponding
period last year. The board of directors has recommended
a dividend of Rs 2.90 per cent.
Back
to News Review index page
Canara
Bank farm apprisals
Bangalore: The agricultural consultancy services of
Canara Bank have appraised 51 projects for Rs 100 crore
in the last financial year.
Back
to News Review index page
It's
wait and watch on govt securities market
Mumbai: The Government securities market is expected
to remain lacklustre at least for the next one week till
the announcement of the Credit Policy on April 29. At
the start of the new fiscal year there was an initial
softening of yields.
Back
to News Review index page
Banks,
FIs seek rejig of State guaranteed debt — Conversion
to development loans favoured
Mumbai: Public sector banks and financial institutions
(FIs) have sought a complete restructuring and rescheduling
of State Government guaranteed securities in a bid to
reduce the risk of defaults.
Back
to News Review index page
IA
launches debit card with ABN-Amro
Mumbai: Sunil Arora, Chairman and Managing Director
of Indian Airlines, on Monday launched the airline's co-branded
debit card with ABN-Amro Bank and MasterCard International.
Back
to News Review index page
|
