MONEY & BANKING
FINANCIAL SERVICES
Gemalto launches smart card for micro-banking
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Broadridge plans investing $6m on expansion
Hyderabad, June 27 Broadridge Financial Solutions Inc, a NYSE-listed company, today announced plans to invest $6 million in India expansion project. Formerly, part of the ADP Brokerage Service Group, Broadridge was spun off into a ...
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FOREX
Rupee appreciation: Exporters may get relief
“issue is very complicated as we have to factor in many other aspects involving the RBI. The Government is keen on addressing the issue and is considering various options.”
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Rupee weakens against dollar
The rupee weakened by almost eight paise and closed at 40.99/41 against the greenback due to weak domestic stock market. “The market fears that overseas investment in the domestic equity market may slow down as companies have completed ...
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HOUSING FINANCE
Real estate prices may soften: Parekh
Interest rates likely to remain stable
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GOVT BONDS
Bond prices fall on tight liquidity
The bond prices dipped by 20 paise and the yields went up by three basis points on Wednesday spurred by the tight liquidity in the system. “The tight liquidity and the high rate of interest in the call market has made the market ...
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CORPORATE BONDS
Banks raising Tier-II capital funds at over 10%
To meet high yield expectations of bulk investors
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MORTGAGE
Guarantee or insurance — Foreign investment norms make difference
IRDA working on to prescribe appropriate regulations
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National Housing Bank plans mortgage guarantee outfit
Kolkata, June 27 National Housing Bank (NHB) is weighing the possibility of establishing a mortgage guarantee outfit as a joint venture with international partners. NHB, which feels mortgage guarantee will spur the residential ...
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DIVERSIFICATION
Bajaj Capital eyes share broking, depository space
Plans to launch investment portal during Diwali
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