
Tuesday, September 29, 1998
BSE gilts trading awaits ministry go-ahead
The Reserve Bank of India (RBI) has sought clearance from the Union finance ministry to allow the Bombay Stock Exchange (BSE) to kick off trading in government securities.
Anmi moots strategies to revive market
The Association of NSE Members of India (ANMI) has mooted strategies to revive the fledging capital market. The market rigmaroles during the last three years has seen a drying up in the medium of channelising small savings to industrial development through stock markets, feels the organisation.
Centre plans floating rate, capital index bonds
The centre is considering issuing a floating rate bond and a capital index (capex) bond as part of the government's borrowing programme in the current financial year. The floating rate bond (FRB) will be issued after a gap of three years while the previous index bond hit the market in the last quarter of 1997-98.
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