HSBC Group plans to get into insurance broking business soon
HSBC Group, one of the world's largest banking and financial services organisations, plans a foray into the insurance broking business in India, according to HSBC Holdings Plc group chief executive KR Whitson.

SBI millennium bond issue eyes over $2 billion
State Bank of India's 8.5% IMD, a five-year foreign currency denominated deposit is targetting over Rs 9,000 crore ($2 billion) to be mobilised from Non-Resident Indians and overseas corporate bodies except in the US.

Rupee to decline in coming months -- IEG
The value of the rupee against the dollar is likely to decline further in the coming months and may touch a level of Rs 46.54 by December 2000 following the pressure due to increase in oil prices and the high import bill, a study says.


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