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MONEY & BANKING
CREDIT MARKET:
‘Timely, adequate credit must be extended to SMEs’
TIIC planning to disburse Rs 700 crore. Madurai, Oct. 26 “There is no credit squeeze on us. We have planned to disburse Rs 700 crore in the remaining part of this fiscal, Rs 200 crore towards purchase of generators and the balance for ...
DEBT MARKET:
Bonds stable as traders take cue from RBI to expand credit
Bangalore, Oct. 26 Bonds remained stable after traders took signals from the Reserve Bank of India’s (RBI) peak season policy to ...
NEW BUSINESS:
Vortex wins order for 600 low-cost ATMs
Chennai, Oct. 26 The Chennai-based Vortex Engineering Pvt Ltd has bagged an order from a leading MNC automatic teller machines (ATM) network provider for the supply of 600 low-cost ...
RBI & OTHER CENTRAL BANKS:
RBI policy just a strategic pause, say economists
Thiruvananthapuram, Oct. 26 The Reserve Bank may have been merely striking a strategic pause on Friday before it chose to engage the CRR-SLR levers ‘as early as the next few days’, says Mr Abheek Barua, Chief Economist, HDFC ...
GENERAL INSURANCE:
Ransom risk cover gets costlier
The spurt in piracy off Somalia has brought into focus how helpless shipowners and crew can be as some international sea trade lanes become dangerous. According to an IMB report, there are 11 ships with more than 200 crew members under detention ...
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