Andhra Bank Hsg Payout At 14%

The Reserve Bank of India (RBI) said on Friday it had set a cut-off price of Rs 99.72 at its weekly auction of 14-day treasury bills compared with Rs 99.74 at the previous auction. Dealers said the yield rose to 7.3205 per cent gainst 6.7962 per cent at the previous auction. The RBI also set a cutt-off price of Rs 98.04 at its weekly auction of 91-day treasury bills, unchanged from the previous auction. Dealers said the yield was steady at 8.0187 per cent.

The National Insurance Company has has launched a road safety policy for transport woekers. The policy covers accidential deanth, department total disablement and medical expenses arising out of an accident, the compensation for which is Rs 100,000. For the loss of any major limb the compensation is Rs 50,000.