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Friday, March 26, 1999

State Bank to offer refinance facility for housing loans
The State Bank of India (SBI) has decided to storm into the mortgate market by offering a refinance facility for the existing housing loans.

Cidco sews up Rs 365cr loan deal with Hudco for railway projects
The Housing & Urban Development Corporation (Hudco) sanctioned a Rs 365.74 crore loan to City Industrial Development Corporation (Cidco) for three railway projects which will strategically link Navi Mumbai with Greater Mumbai, JNPT, Thane, Panvel, Kalyan and Uran.

SH Khan seeks review of government nominees role on institutions boards
Former Industrial Development Bank of India (IDBI) chairman SH Khan has suggested that the the role of the government nominees on the board of the financial institutions (FIs) should be reviewed and they must be made accountable.


Inspirations furnishing fabrics


  Flying the flag is costly for Lebanon's MEA
  Ranipur handicrafts industry mired in crisis
  Japan small-firm loan funds running low
  Wheat prices may spurt in Rajasthan on declining area under cultivation
  No uncertainty about Argyle's future plans
  Alumina prices likely to remain steady -- traders
  Palmolein imports, good oilseed crop depress vanaspati in Delhi, Chennai
  Briefing
  Khan seeks review of govt nominees' role on FI boards
  Briefing
  Centre may let multilateral agencies to pick above 26% in insurance ventures
  Cabinet may seek Trai notification repeal
  Executive Briefing
  Consensus statement on multi-drug resistant tuberculosis released
  Briefing
  Slight drop in rly freight earnings
  Pvt refineries will have to fend for themselves -- Ramamurthy
  Commerce ministry's decision on import floor price for steel
  FIEO president says new exim policy must further small exporters' cause
  Power from Pakistan still uncertain
  Ministry may announce pre-exim policy incentive package for
  Kosovo not to hinder US food aid to Russia
  Delhi govt seeks partner for IT park venture



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