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Concerns over sustainability
Although most of the policy announcements were in line with market expectations, implementing them would be a real test for the banking system, says Oommen A. Ninan.
Revamp puts Indian Bank on steady road
CHENNAI, MAY 4. Indian Bank has reported a net profit of Rs.188.83 crores for the 12-month ended March 31, 2003, up from Rs. 33 crores last year. The chairperson and managing director, Ranjana Kumar, said the bank proposed to pare prime ...
RBI against uni-directional perceptions on rupee
The RBI has been quite explicit about uni-directional moves not being sustainable but the audience does not seem to be listening. The market continues to take short positions in the dollar and long positions in rupee interest rates.
Bank stocks steal limelight
THE STOCK markets witnessed low volume activity throughout last week indicating lack of interest among participants. Use of technical analysis helps to an extent in minimising the risks inherent in investment. Equity investments, by their very ...
Technology development, credibility and economics
WITH THE Prime Minister christening the light combat aircraft `Tejas' yesterday, it is time to ask where India's premier aeronautical initiative, the LCA programme, is headed. Both the `technology demonstrators,' TD 1 and 2, flew in formation at ...
Centre keen on single law for SSIs
BANGALORE, MAY 4. The Union Minister for Small Scale Industries, C.P.Thakur, said today that the Centre was keen on a proposal to formulate a "single law" replacing the "inspector raj" in the small-scale industries sector. Speaking after ...



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