With equity and commodity exchanges allowed to enter each other's areas from October, brokerages are pump-priming their businesses to allow their clients seamless trading in commodities and equities.
NSEL scam: Brokers of IIFL, Anand Rathi, Geojit arrested.
Attractive pricing coupled with improving prospects make the offer lucrative
Private banks and start-ups offer instant loans on apps as well as through ATMs.
Private lenders were among the top losers along with RIL.
After National Spot Exchange Ltd (NSEL) this week suspended trading in forward contracts, the Forward Markets Commission (FMC), the commodities market regulator, on Friday sought to allay fears over the exchange defaulting on open contracts.
BSE's, NSE's overnight liquid fund facility can help stock investors maximise returns
From July 1, retail investors can offer stocks through exchanges for de-listing, buyback and open offers
Based on this screening, the committee may weed out applications that do not meet the eligibility yardstick or the 'fit and proper' criteria for securing a licence.
Risk-averse investors can hold up to 10 per cent of their portfolio in gold, while aggressive ones can keep five per cent.
The RBI has agreed to consider the application of India Post in consultation with the government.
The scrutiny is expected to be over this month itself.
After defaulting for a consecutive time in paying its investors, National Spot Exchange Ltd (NSEL) got a Rs 177-crore (Rs 1.77 billion) lifeline from its main promoter, Jignesh Shah-run Financial Technologies.
The IIT-Madras alumnus, who moved to Canada for an MBA programme and settled there, is not new to investing in India.
The progress of the GST Bill in Parliament is also likely to remain in focus
Sebi on April 4 gave the brokerages 60 days to have their books vetted by third-party auditors.
DFS writes to departments that haven't responded to RBI's request for information.
The RBI has accepted the application withdrawal request, according to the statement.
The BSE MidCap and SmallCap indices during this period have outperformed the blue-chip indices.
Licence winners are expected to be announced by the first quarter of 2014.
Exuding confidence in setting up a profitable banking venture, industrialist Anil Ambani on Tuesday said the proposed bank will help lower Reliance Capital's debt to one-fourth of current levels and would be listed as a separate entity in three years.
Brokers have only kept guarantees for which they have open positions.
Jaipuria has not specified the amount he is looking to raise, but says this is the right time to tap the capital markets.
A lower base could be part of the explanation but not all.
It could be a matter of concern that foreign shareholders of the NSE are registered in tax havens such as Mauritius and Cyprus.
Returns on godl have depleted in past few years,
I-T dept investigating black money angle; FM hints against bailout for bourse's investors.
Govt rules out controls on FII capital as Sensex tanks 3.97%, rupee breaches 62 intra-day & gold surges the most in two years