StanChart to transform into financialsupermarket, throws open super mall
Standard Chartered Bank is all set for a makeover from a traditional banker offering plain-vanilla services to that of a "finanacial supermarket", offering all types of financial (and even non-financial) products under one umbrella, starting with its `investment super mall'.

Ministers' meet to discuss draft of fresh power legislation
The state power ministers' conference slated for February 26 will hold deliberations on a draft Bill to replace various existing laws and power statutes prepared by the National Council for Economic and Applied Research (NCEAR), union minister for power PR Kumarmangalam announced on Monday.

Interest rates likely to fall in medium-term, says banker
Indian interest rates are headed substantially lower in the medium-term, but bond prices are unlikely to move decisively until the central bank cuts its key bank rate and the cash reserve ratio (CRR), the treasury head of a private sector bank said on Monday.


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  Market Round-Up
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  Executive briefing
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