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View Article  India’s debt burden truly rural

Though the figures are as old as June 2002, these are the latest by the National Sample Survey Organisation. And they say that rural households accounted for 63 per cent of the country’s overall aggregate outstanding debt of Rs 1,77,000 crore.

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View Article  Union Bank plans to raise Rs 500 cr by February

Union Bank of India plans to raise Rs 500 crore through a follow-on public issue of equity shares before the the end of February 2006. The equity issue is part of the Rs 2,000 crore total capital requirement the bank has envisaged over the next three years, said K Cherian Varghese, chairman, Union Bank, today.

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View Article  Auto loan interest rates harden by 25 bps

All good news have flip sides. The discount drive may have hit an all-time high in December but interest rates on auto loans are also hardening alongside. According to sources in the auto financing circuit.

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View Article  Railways to run on privatisation track

The Indian Railways are ringing in the New Year with a path-breaking policy reform: The long-awaited privatisation of rail-based container transportation.

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View Article  All investors may get unique IDs
Sebi board set to consider proposal today.  The Securities and Exchange Board of India (Sebi) is likely to revive the Mapin system which was abandoned earlier this year, albeit in a different avatar.  
 
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View Article  Watchdog to unleash short-selling

India's stock market regulator on Thursday proposed permitting institutional investors to sell shares short to provide a level playing field to all classes of investors.An advisory committee of the Securities and Exchange Board of India (SEBI) said short selling .

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View Article  SEBI mulls widening short-selling

India's stock market regulator on Thursday proposed permitting institutional investors to sell shares short to provide a level playing field to all classes of investors.

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