Forex brokers' association votes against commission cut at meet
The All-India Exchange Brokers' Association (Aieba) has unanimously voted against a cut in forex brokerage at its extraordinary general meeting held on Monday, and has decided to defer the issue and negotiability of the same.

HDFC strikes deal with 3 depository participants to waive account opening
HDFC has struck an innovative deal with three depository participants under which its individual shareholders will pay no account opening, dematerialisation and custody charges for a period of two years.

ICICI plans to float two more safety bond issues in the current fiscal
ICICI is planning two more public issue of bonds in the current financial year. The Mumbai-based institution, which has tapped the market five times this fiscal, hopes to launch its sixth tranche in January-end and another one in March.

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