Saturday, March 10, 2001

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UTI may step in to solve CSE crisis
Unit Trust of India which was bailed out by the government from a serious problem in its US-64 scheme two years ago — is likely to step in to resolve a major payment crisis faced by the Calcutta Stock Exchange that triggered panic selling and a country-wide crash of share prices.




Stock crisis deepens -- payment problems create another `Black Friday'
It was another "Black Friday" for the stock markets. Shaking the investor confidence on the stock markets, a major payment crisis on major stock markets sent share values and indices tumbling like nine-pins.




RBI may put broker-specific caps on bank funding
RBI is all set to review, and impose fresh norms on, bank financing of stock brokers. A broker-specific exposure cap may well be on the cards much like the ceiling of Rs 20 lakh on loans against shares to individuals.




Other headlines

Payment crisis throws bourses out of gear
HFCL market cap falls by Rs 6,300 cr in a month
Badla rates normal on BSE
QRs on 242 textile items to go by Apr
Hotmail founder launches Telivoice
Intel Corp warns of 25 per cent slump in revenue, to issue pink slip


 
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