The Financial Express -- Economy

Monday, October 6 1997

IBA to formulate code of ethics

The Indian Banks' Association (IBA) has decided to formulating a "code of ethics" for member banks. The objective is to put a cap on unfair practices indulged in by banks.

Corporate networks, telecom services likely to be crippled

The loss of Insat-2D, the country's most advanced communications satellite, has spelt disaster for an array of corporates, including UTI Bank, IndusInd Bank, Mastercard, Citibank, Indian Petrochemicals, the Calcutta Stock Exchange, OTCEI, UTI and Castrol India.

RBI may link bank funds for NBFCs to credit-rating

The Reserve Bank of India (RBI) plans to instruct banks to fund only those finance companies with a credit rating of AA+ and AAA+. The RBI will soon issue a circular to this effect.

Profit-making state-run banks unlikely to dump industrywide wage settlement

RBI may link bank funds for NBFCs to credit-rating

Corporate networks, telecom services likely to be crippled

Insat-2D abandoned after "power bus" failure

Corporate Briefing -- Aviation policy may allow 100% foreign equity

World Briefing -- Oman, Osaka Gas sign memorandum

Credit rates for plastic goods under passbook scheme revised

Asian forex set for another turbulent week

US environment action plan to focus on nine countries

Exotic fruit potential untapped, say experts

Gujarat plans string of LNG-based power projects

The Index -- Expert Tech group recommendations

Dual-speak by banks, RBI leaves NBFCs in a tizzy

Central Bank keeps cap on core project exposure at Rs 150 cr

IBA to formulate code of ethics

Talks on Tamil Nadu nuclear power project to conclude soon