Banking and Finance
Sinha call to raise C-D ratio in N-E
EXPRESSING concern at the low credit-deposit ratio of the banks in the north-eastern region, the Union Finance Minister, Mr. Yashwant Sinha called upon the banks in the region to play a more aggressive role in extending credit to the needy.

GTB seeks partner for retail thrust
GLOBAL Trust Bank Ltd (GTB) is in the process of identifying a strategic partner, preferably a foreign bank, to provide it technical expertise and know-how in the retail segment, said a senior bank official.

`Informers' to the loan-seeker's aid
IF you are looking for a housing loan, make sure that at least a couple of your friends hear of it. Chances are that they might just help you get the finances at your doorstep!

PDs unhappy with working of LAF
THE primary dealers are unhappy with the working of the liquidity adjustment facility (LAF) introduced recently.

RBI office closed for public transactions
CHENNAI: A press communique from the RBI says that the Chennai office will remain closed for public transactions including Government transactions on Friday June 30, for the purpose of closing of its annual accounts.

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