DSAs -- Bringing banks to clients' doorsteps
If you've ever wondered how the likes of Citibank, HSBC, StanChart or an HDFC Bank manage to get market penetration, the answer lies in direct sales agents (DSAs).

ASEAN+3 takes another step towards forming regional currency safety net
Finance authorities from Japan, South Korea, China and Southeast Asian nations took another step overnight towards establishing its regional currency safety net to supplement reserves in possible currency crises.

Reserve Bank finetunes DVP with special fund facility
RBI on Tuesday said that it will introduce a special fund facility for securities settlement meant for banks and primary dealers (PDs) from 3 October.


  Currency intervention by Asian central banks likely
  Anti-euro Danes'lead over pro-side shrinks -- poll
  Koehler hails Friday's intervention by ECB
  Market round-up
  Bank of Punjab launches new savings account Swagat account
  STCI seeks to diversify funding by issuing CPs
  Official lethargy costs PSIDC, PFC Rs 77 lakh -- CAG
  No merger right now, says ICICI
  Panel suggests formation of occupational pension board to protect members
  Daisue says Sanwa Bank agrees to write off Y62.4 billion
  `Domestic civil aviation to grow by 7-8%'
  Guarantee scheme being worked out for mega power projects
  Rourkela Steel to introduce VRS, McKinsey starts diagnostic
  World Bank's new prescription for eliminating poverty
  First insurance licence by Diwali -- IRDA
  Centre in a bind over petro dealers'demand for percentage commission
  Canada Life JV to apply for insurance licence
  NCR Corp aims top slot in Indian data warehousing
  Executive briefing
  Developing economies cannot ignore globalisation -- Sinha