|
|
|
Uco
Bank raises Rs 150 cr to shore up cap-ad ratio |
| |
The city-based Uco Bank, which
has gone in for another round of tier-II capital, to improve
its capital adequacy ratio, has raised Rs 150 crore in the just
closed issue. |
|
|
HK
dollar peg safe but Argentina offers lessons |
| |
Hong Kong looks set to becomethe
only major economy still holding on to a strict currency board
system now that Argentina has devalued its peso and may move
to a full float.
And Hong Kong has every intention to keep holding on. |
|
|
|
| |
|
|
Panel
for conditional recap via bonds for co-ops |
| |
The joint committee on revitalisation
support to ailing cooperatives on Monday proposed a conditional
60:40 financial assistance by the Centre and the states, which
is likely to exceed Rs 10,000 crore. |
|
|
Euro
appreciates as China indicates more purchases |
| |
The euro moved higher against
the dollar and the yen on Monday, supported by weekend comments
from China’s finance minister that the country should consider
buying more euros as soon as possible. |
|
