Punjab National Bank (PNB) is planning to open another 500 branches in the current year out of which about 22 would be included in Tamil Nadu and 10 in Tiruchirappali circle alone.
The rupee fell by 24 paise to 53.80 against the dollar in early trade on Monday at the Interbank Foreign Exchange on month-end demand for the American currency from oil importers.
Natural gas futures moved sharply lower during U.S. trade Wednesday, as market players looked ahead to Thursday's closely watched U.S. government report on natural gas supplies.
Banks and corporates are hopeful that the Reserve Bank of India will change rules to allow many infrastructure and unlisted companies to lower the cost of their dollar loans.
Crude Oil prices settled down more than 1 percent on Wednesday after the U.S. government reported a smaller-than-expected inventory drawdown, and as investors fretted about Britain's upcoming vote on whether to stay in the European Union.
After India the world's second largest gold consumer China dominated the economic slowdown and because of this demand for gold has been increased.
China's Central Bank has increased its gold reserves to 16 tonnes during August due to the economic slowdown....
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