MONEY & BANKING
FINANCIAL SERVICES
Pvt equity firms bullish on financial services sector
Deals as many as in IT sector
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FOREX
Rupee slips against dollar
The rupee weakened against the dollar on Monday due to heavy demand for greenback from oil companies. "Trading volumes were low as August 15 is a public holiday and traders took advantage of the extended weekend," said a dealer ...
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SOFTWARE
Oracle to make open offer for 20 pc in i-flex
i-flex to acquire US anti-money laundering software co Mantas for $122 m
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FSS solution for Colombo bank
FSS Tech, the services wing of the Chennai-based Financial Software and Systems (FSS), has implemented BASE24-es Electronic Financial Transaction Switch for the Colombo-based National Savings Bank's automated teller machine ...
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NBFCS
Top-level shake-up imminent at Peerless
New Directors and Chairman to be appointed
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LIFE INSURANCE
LIC cover for 22 lakh BPL families
Life Insurance Corporation of India has provided insurance cover to the heads of 22.23 lakh below poverty line families under the Janashree Bima Yojana (JBY) for a premium of Rs 22.23 crore. The scheme is called `Panna Dhay Jeevan Amrit ...
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DEBT MARKET
States park Central funds in short-term gilts
Even PSUs are resorting to proactive treasury management
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PRIVATE BANKS
IDBI cancels e-auction of 1 lakh sq ft space
Lack of response cited as reason
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LVB unveils loan, deposit products
Lakshmi Vilas Bank has gone in for an image makeover. The Karur-headquartered bank has, in its 79th year of existence, embraced a new logo for a new identity and to commemorate its entry into the 80th year, the bank has rolled out the `Lakshmi ...
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GOVT BONDS
Parliament passes G-Secs Bill
Parliament today passed the Government Securities Bill 2006 to consolidate and amend the law relating to Government securities and its management by the Reserve Bank of India. The Rajya Sabha passed the Government Securities Bill 2006 on ...
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Bond prices fall slightly
Bond prices fell slightly reacting to the announcement of the Rs 8,000 crore government securities auction on August 18. The traded volume was lower at Rs 1,155 crore on the order matching system due to limited participation ...
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SHORT TERM INSTRUMENTS
Call rates unchanged
Call rates were between 6 and 6.1 per cent. In the first two-day reverse repo auction under LAF, the Reserve Bank of India received and accepted 20 bids amounting to Rs 20,020 crore and in the second two-day reverse repo ...
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