Date:26/08/2006 URL: http://www.thehindu.com/2006/08/26/stories/2006082607491503.htm

Business - Briefly

Three more banks to undertake PD business

MUMBAI: The Reserve Bank of India has authorised three more banks — Hongkong and Shanghai Banking Corporation, Bank of America and J P Morgan Chase Bank — to undertake primary dealer business with effect from August 28.