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MONEY & BANKING
INFORMATION TECHNOLOGY:
They debit accounts without dispensing cash
TROUBLESOME ATMS. Hyderabad, July 27 “I went to an ATM to withdraw Rs 10,000. The card got ejected without dispensing any money. This was followed by a debit receipt and an SMS message that the money had been ...
GOVT BONDS:
Bond yields soften on easing global oil prices
Outlook remains bearish partly due to inflation worries. Bangalore, July 27 Bond yields softened despite high inflation as global oil prices eased. Traders said improved inward flows from foreign institutional investors supported the bonds. ...
FOREX:
How is hedging different from speculation?
Is the line between hedging and speculation rather thin? Please explain with ...
PUBLIC SECTOR BANKS:
United Bank expanding presence in South
Kolkata, July 27 Kolkata-headquartered United Bank of India plans to set up a micro small and medium enterprises (MSME) credit hub in Hyderabad by September this year. ...
ALLIANCES & JOINT VENTURES:
IDBI Capital plans to set up credit bureau with CARE
Kolkata, July 27 IDBI Capital Market Services Ltd, a wholly-owned subsidiary of IDBI Ltd, plans to set up a credit information bureau as a joint venture with the credit rating agency CARE (Credit Analysis and Research Ltd), according to Mr ...
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