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MONEY & BANKING
DEBT MARKET:
Bond yields harden on hopes of credit impetus
Liquidity tightens slightly as rupee appreciates against dollar. Bangalore, Oct. 18 Bond yields sustained the upward momentum ahead of the Reserve Bank of India (RBI) peak season Credit Policy with mounting expectations of a credit ...
INTERVIEW:
‘Insurers will have to revise existing ULIP charge structures’
Persistency levels to rise as cos will ensure policy continues: S.B. Mathur. Mumbai, Oct. 18 The life insurance industry is under pressure to reinvent itself to overcome the challenges that have come up in the past few months. From the cap on ...
GOVT BONDS:
Govt stock auctions on Oct 23
New Delhi, Oct. 18 The Department of Economic Affairs, Ministry of Finance has announced the sale (re-issue) of 7.02 per cent Government Stock 2016 for a notified amount of Rs 3,000 crore (nominal), 6.90 per cent Government Stock 2019 for ...
PRIVATE BANKS:
Kotak Mahindra back to expanding branch network
Coimbatore, Oct. 18 Kotak Mahindra Bank, which had deferred branch expansion plans during the last fiscal, is now expanding its network at a ...
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