Sunday, January 3, 1999
RBI sells Rs 18,000-crore securities via OMO route
The Reserve Bank of India has sold an estimated Rs 18,000 crore through the open market operations (OMOs) in the current financial year, ICICI Securities said its latest debt market commentary.
Unit Trust may synergise dealing, broking functions
Unit Trust of India (UTI) plans to bring in synergy with its broking outfit and has appointed general manager M Pushpangadan as the new managing director of its broking subsidiary UTI Securities.
MSE members keep away from corporatisation
Poor business has prevented members of the Madras Stock Exchange (MSE) from corporatising their memberships.
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