INDIAN BENCHMARKS are likely to open
positive remain cautious today ahead of a key Federal Reserve decision this
week and RBI’s Monetary Policy. Canara Bank is to raise up to 15 bln
rupees of Tier 2 capital in a Basel III-compatible financing.
FURTHER, Coal India's board of directors at its meeting held on Monday also approved revision of raw non-coking coal sizing charges for different sizes and rapid loading charges with effect from today. HDFC Bank foreign holding was above the 49% market when the new guidelines were introduced, RBI notified that no further purchase of shares of the bank will be allowed for FIIs.
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