
Tuesday, May 18, 1999
PFC plans maiden Rs 600 crore bonds issue before elections
Power Finance Corporation (PFC) is planning to come out with its maiden Rs 600 crore public bonds issue before the polls scheduled to be held in September.
RBI may scrap fixed-rate repo, offer 2-way quotes under ILAF
The Reserve Bank of India (RBI) is expected to offer two-way quotes for the repurchase (repo) market -- one for the repo and another for the reverse repo -- on a daily basis under the proposed interim liquidity adjustment facility (ILAF).
Ipsta-FMC meet fails to resolve crisis
The much-awaited meeting between the Forward Markets Commission (FMC) and the Indian Pepper and Spices Trade Association (IPSTA) has failed to resolve the crisis stemming from the former's denial to open July and August contracts in black pepper by the association.
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