THE HINDU BUSINESS LINE
Financial Daily
from THE HINDU group of publications
Tuesday, July 04, 2000
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Banking & Finance

Banking and Finance
Rates to stay under pressure: I-Sec
SHARP credit growth, a high Government borrowing programme and slowdown in deposits make for a potent combination and could result in sustained pressure on interest rates this fiscal, according to the debt market update from ICICI Securities (I-Sec).

Catholic Syrian revises FCNR (B) rates
KOCHI: The Thrissur-based Catholic Syrian Bank has revised interest rates on FCNR (B) deposits with effect from July 1.

SBI plans higher exposure in infrastructure
STATE Bank of India is looking to increase its exposure in infrastructure sectors such as power, telecom and roads by 5-10 per cent for the year 2000-2001, according to a senior bank official.

Citibank Suvidha's Mumbai launch
CITIBANK India launched Citibank Suvidha, a banking service targeted at salaried customers, in Mumbai today.

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