RBI plans 20-yr bonds
New Delhi: Reserve Bank of India is considering issuing bonds with maturity period of 20 years and above.

Insurance Regulatory and Development Authority chairman N Rangachary, who is part of the high-level committee, chaired by RBI governor, said the long term bonds are part of efforts to encourage long term savings through insurance and pension schemes.
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Sebi suspends Ahmedabad broker
Mumbai: Securities and Exchange Board of India has suspended a member of the Ahmedabad Stock Exchange for a two month period effective from November 11 for non-maintenance of margin register and indulging in illegal carry forward transactions.

Rajesh Jhaveri Stock Brokers Private would not be entitled to carry on business as a stock broker as it did not maintain proper segregation between clients' funds and own funds, a Sebi release said here on Thursday.
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