MONEY & BANKING
FINANCIAL SERVICES
Atherstone Capital launches IPO, BRIC Indices
Financial services company Atherstone Capital Markets has announced the launch of two IPO indices that are expected to serve as a new investment class for the global institutional investors in India. Atherstone is a SEBI registered ...
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FOREX
Forex reserves down $1.86 b
Mumbai, Feb. 15 The foreign exchange reserves fell by $1.86 billion to $290.8 billion for the week-ended February 8, due to a fall in foreign currency assets. In the previous week, the reserves had surged by $4.36 billion to $292.67 ...
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FINANCIAL POLICY
Cos allowed to issue foreign currency bonds to meet fund requirements
Protection for listed co against adverse effect of additional issue of shares abroad
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DEBT MARKET
Bond prices crash on SLR status statement, recover
The bond market went into a tizzy today over a statement by the Petroleum Secretary that oil bonds may get SLR (statutory liquidity ratio) status. Bond prices fell by as much as 63 paise in day trade and ended 40 paise lower than the previous ...
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GOVT BONDS
Dues from States: Banks plan to approach RBI
Non-payment of interest on bonds
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CREDIT MARKET
Bank adopts village to rid it of moneylenders
Kochi, Feb. 15 The South Indian Bank has adopted Meloor village in Thrissur district of Kerala as a moneylender-free village on a pilot basis. The project was inaugurated by Mr S. Ramaswamy, Regional Director of the Reserve Bank of India and ...
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OUTLOOK
GE Money puts growth ahead of profits here
Banking foray very much on cards
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