Karur Vysya Bank, a leading private sector bank in Tamil Nadu, has tied up with SBI Funds Management for distribution of SBI mutual fund (MF) products.


Security and Exchange Board of India (SEBI) is considering the introduction of Rupee-Yen and Rupee-Euro futures after the launch of currency futures in the country, SEBI has also said that it is studying the whether non resident Indians (NRIs) and foreign institutional investors (FIIs) be allowed in currency futures trade.


Securities and Exchange Board of India (SEBI) is likely to permit trading in exchange traded interest rate futures by December-January, a move which will help banks and FIIs manage interest rate risks.