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  Business   Economy  11 Oct 2018

Business, Economy, 11 Oct 2018

LIC's open offer for 26 pc stake in IDBI Bank to begin from December 3

The open offer, at Rs 61.73 per equity share, will close on December 14.

11 Oct 2018 7:15 PM

Rupee recovers after slumping to record low, up 9 paise against US dollar

Softening crude oil prices and the greenback weakening against other currencies provided support to the home unit.

11 Oct 2018 7:02 PM

Bank of India raises MCLR rates by 0.05 pc on two tenures

Punjab National Bank also increased its benchmark lending rates or MCLR last week.

11 Oct 2018 5:17 PM

Telcos propose new KYC process

Before the apex court order, telecom operators had developed a system for instant online verification of customers using Aadhaar.

11 Oct 2018 12:18 AM

Exporters seek to take advantage

He said that banks are not agreeing to remit funds to exporters to their branch offices/ subsidiaries established in Iran.

11 Oct 2018 12:05 AM