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About 27 results for "interbank foreign exchange"

PNB fraud: How bank auditors failed to detect the scam
Rediff.com

PNB fraud: How bank auditors failed to detect the scam

The problem here is that internal auditors are good at accounts, but they are not trained to track foreign exchange transactions Illustration: Dominic Xavier/Rediff.com Auditors are facing questions over how the fraud at Punjab National Bank (PNB) went on for six years and how they failed to detect it.   The process seems foolproof. A branch such as Mumbai’s Brady House, which is a corporate-focused one, is headed by a branch manager who holds the rank of an assistant general ... Rediff.com, 20 hours ago
Money Control

Rupee slide continues, down 16 paise against dollar

The rupee depreciated by another 16 paise to 64.18 against the dollar in early session at the interbank foreign exchange today due to concerns over widening fiscal deficit.The Centre yesterday introduced a long-term capital gains tax of 10 per cent on stock ...
 Business Standard2 weeks ago Rupee weakens 9 paise against dollar in opening trade  Business Standard3 weeks ago Rupee trades flat at 63.55 against dollar in early session  State Times3 weeks ago Rupee depreciates 10 paise against US dollar in early trade  Business Standard4 weeks ago
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Sify

Sensex scales 331.09 pts higher, Nifty at 11,155.35

Ahead of the presentation of the Economic Survey on Monday, market indices began trading on a positive note in the first day of the Budget Week. While BSE's Sensex was 331.09 points higher at 36,383.50, NSE's 50-share Nifty was recorded at 11,155.35. About ...
 Sify3 weeks ago
MSN India

Dec 6, closing: Sensex drops 100 points; rupee falls

Sensex and Nifty opened lower on Wednesday ahead of the outcome Reserve Bank of India's bi-monthly policy meeting due later today. The Indian rupee too slipped against the dollar in the early morning session at the interbank foreign exchange market today.
 MSN India2 months ago
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