MCX launches India’s first commodity options in gold

The Multi-Commodity Exchange of India Ltd (MCX) has launched India’s first commodity options in gold and gave stakeholders a new set of financial instruments to hedge their price risks. It is launched by Union Finance Minister Arun Jaitley in New ..

Tags: Business law • Contract law • Financial law • Financial markets • Financial risk

“Risk Index” to facilitate banks in extending loans soon: CIBIL

Credit Information Bureau (India) Ltd (CIBIL) is likely to bring in a “Risk Index” that will assist country’s banks in making faster decisions on extending loans to corporates and business houses. Banks would be able to gauge the potential of ..

Tags: Bank • Banking • Credit • Credit history • Credit score

Month: Current Affairs - August, 2012