FX derivatives mkt in a fix before new RBI rules

Exchange-traded currency derivatives volumes are likely to drop in view of new Reserve Bank of India (RBI) rules, casting a cloud over further participation of retail investors and proprietary......

After 7 decades in business, Madras Stock Exchange gets Sebi nod for exit

Market regulator Securities and Exchange Board of India has passed an order allowing 78-year old Madras Stock Exchange Limited to exit the business. MSE will be 14th stock exchange to exit under......

How Ujjivan plans to give shape to Modi's financial inclusion dream

'We provide unsecured loans of Rs 150,000-500,000 and secured loans of Rs 10 lakh-Rs 25 lakh. 'These are largely small businesses, traders, services and some manufacturing units.' Illustration:......

Rs 5,000-crore stressed asset fund for MSMEs mooted

The RBI panel has also recommended a government-sponsored ‘fund of funds’ of Rs 10,000 crore to support the venture capital and private equity firms investing in the MSME sector. A......