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Thursday, September 14, 2006
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DBS Chola opens Kochi branch
DBS Cholamandalam Distribution Limited opened its ninth branch in Kerala, at Kochi today. The branch will be capable of providing investment advisory services on a wide variety of products, ranging from mutual funds, life ... More

Convertibility: Go all the way
That there are risks to full convertibility should not deter India, for it sends a signal to the financial world that the country is confident of itself in the economic and financial arena. More

Rupee strengthens by about 10 p
On Wednesday, the rupee gained against the dollar on talks of FII inflows into the domestic markets. It opened at 46.28, touched an intra-day high of 46.16 to end at 46.18. On Tuesday, the rupee had closed at 46.27/28. "There ... More

Bond prices up
Bond prices edged up by 15 paise tracking US yields. The total traded volume on the order matching system was Rs 3,435 crore (Rs 3,815 crore). Dealers said bond prices opened around 20 paise higher over Tuesday's close as the ... More

SBI gears up for festive season splurge
The bank plans to strengthen its sales team More

Call rates unchanged
Call rates were unchanged at 6.00 - 6.10 per cent. In the first one-day reverse repo auction under LAF, RBI received and accepted 16 bids amounting to Rs 18,090 crore while in the second one-day reverse repo auction, 31 bids for ... More

SBI ties up with M&M for tractor loans
State Bank of India has tied up with Mahindra & Mahindra Ltd to provide finance to the company's tractor dealers. Under the agreement, SBI will offer loans to the dealers at concessional terms. The loan scheme is subject to State Bank of ... More

KVB plans Rs 125-cr rights issue
Karur Vysya Bank has proposed a rights issue of 1.79 crore equity shares to raise Rs 125 crore, according to a draft letter of offer sent to the SEBI on Wednesday. The bank proposes to issue 1,79,99,784 equity shares of Rs 10 each for cash at a ... More

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