Fwd: Today's Exclusives - Inspection reports of co-operative banks should be made public by RBI, rules CIC

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From: Moneylife <noreply@moneylife.in>
Date: Wed, Nov 16, 2011 at 4:57 PM
Subject: Today's Exclusives - Inspection reports of co-operative banks should be made public by RBI, rules CIC
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16 November 2011   Moneylife Exclusive Inspection reports of co-operative banks should be made public by RBI, rules CIC Vinita Deshmukh In a precedent setting judgement, the CIC asked for the audit and inspection report of a cooperative bank to be disclosed under the RTI Act, rejecting the central banks contention that the disclosure would lead to loss of faith in some banks and adversely affect economic interests of the state...     Other ML Exclusives   Wellness versus illness The ghost of Adverse Drug Reactions staring at our face as the biggest cause of death in modern medicine, could be avoided if we follow the holistic management of illnesses to bring man back to his/her state of wellness... ............................................................................................................................................ Daily Market Report: Downward bias continues Market will bounce back but the direction is down... ............................................................................................................................................ Ayurvedic Death: Medicines adulterated with steroids and heavy metals- Part 1 Several so-called Ayurvedic medicines readily available are found to contain steroids and heavy metal, both harmful to the human body if taken in excess... ............................................................................................................................................. CIC says disclose inspection reports of apex cooperative banks as well If there are certain irregularities in the working and functioning of such banks and institutions, the citizens certainly have a right to know about the same, Mr Gandhi said in his landmark judgement... ............................................................................................................................................ Online term life insurance – Race to the bottom? The online term life insurance market is heating up with more players entering the fray. The premium is now similar to personal accident cover offered by non-life insurance companies. Is it sustainable? Are the products priced too aggressively? ............................................................................................................................................ Police to track online activities of MLM companies Promoters of virtual companies like Speak Asia earned crore of rupees using the internet. The authorities are now planning to develop a system to alert people about dubious activities of MLMs... ............................................................................................................................................ Personal finance today - My Mobile Payments receives RBI's approval to issue mobile wallet - Religare MF launches Gold Fund - Dewan Housing Finance renames AMC business as ArthVeda Fund Management - Healthy living report card for Asia Pacific is not good: Survey   At a Glance   - Bharti Airtel, Idea, PFC to enter MSCI India index - Govt clears changes in PFRDA Bill, allows 26% FDI in pension - 2G case: HC notice to CBI on ex-telecom secretary's bail plea - Kingfisher grounds 10-12 aircraft for reconfiguration - Govt not to revise fiscal deficit target: Chief economic advisor   Corporate Wrap-up   - Mercator net profit declines to Rs21.41 crore in September quarter - Arshiya International's net profit rises by 74% to Rs32 crore - Tata Motors global sales grow by 10% in October - Hexaware Technologies signs contract worth $250 million FROM the ARCHIVES   Corporate Scams: Getting Away Easily Investigation into financial scandals never leads to logical punitive action... ...................................................................................................................................................... How organic is your natural food? For the domestic market in India, anybody and everybody happily places a sticker saying 'organic' on anything they want, after all this NPOP, NSOP and certifying agency system...     To subscribe to this free newsletter log on to www.moneylife.in or email us at newsletter@moneylife.in To get FREE updates via sms click here.

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Palash Biswas
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