MONEY & BANKING
PREFERENTIAL ALLOTMENTS
Manappuram General pref issue
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PENSION PLANS
Canadian pension fund plans to invest $1.7 b in Indian realty
New Delhi, Nov 9 Canada’s largest public pension fund, Caisse de Depot et Placement du Quebec (CDPQ), is eyeing investments in the booming Indian real estate sector, with plans to invest up to $1.7 billion (US dollars) over the next five ...
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FOREX
Forex reserves rise by over $ 4 billion
Mumbai, Nov. 9 The forex reserves increased by $4.068 billion to touch $266.518 billion for the week ended November 2, 2007, according to the Reserve Bank of India’s Weekly Statistical Supplement. In the previous week, forex ...
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PUBLIC SECTOR BANKS
Plea against shifting SBI branch
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CRR & BANK RATES
‘Excess liquidity may continue’
The excess supply of funds is expected to continue, despite the recent measures announced by the Reserve Bank of India to mop up the surplus, say analysts and bank treasury managers.After the 50 basis points hike in cash reserve ratio, ...
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CORPORATE BONDS
PSBs set to tap bond market for Rs 5,500 cr
PowerGrid too targets Rs 3,300 cr mop-up amid investor disinterest
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FIXED DEPOSITS
BoI cuts deposit rates by 50 bps
Bank of India has reduced the rates on its term deposit rates by 50 basis points with effect from November 12. The effective rate for a deposit rate for one to two years will be 8.5 per cent and for deposits of five years and above it will be ...
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