Banknet's "Sixth Annual Conference on Payment Systems" on 22nd January 2010 at Mumbai will have participants from nearly 75 organizations. Conference will focus on RBI’s Vision for Payments in India and will also feature "Master Class" and a "Technology Exhibition". ... Read more

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  Detailed Results of Banks in India-Second Quarter ended Sept'09... Click here

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Bank of India issues Upper Tier II Bonds for Rs.1000 Crores. Earlier during the year, the Bank had issued Upper Tier-II Bonds for Rs.1000 Crores and IPDIs of Rs.325 Crores. The bonds carried coupon of 8.54% p.a. with a call option to the Bank at the end of 10 years and in case the call option is not exercised, the coupon will be increased by 50 bps. The issue has been rated ‘AAA/Stable’ by CRISIL rating agency and CARE ‘AAA’ by CARE Ratings Limited. The issue was opened on 20th January, 2010 and was closed on the same day.

Central bank of India, a leading public sector bank, today raised Rs.500 crores to further strengthen their CRAR through issuance of Upper Tier II Bonds at a coupon of 8.63%. Issue closed on January 15, 2010. The issue is rated LAA by ICRA and CAREAA by CARE.

Bank credit to MSMEs increases by 26% to Rs.1,91,307 crore as on 31st March 2009 .... click here

RBI tightens priority sector bank lending norms to Housing Finance Companies (HFCs) .... click here

National Literacy Mission Authority (NLMA) signs MoU with four Indian banks .... click here

Form Sovereign Fund to arrest volatility in capital market, proposes Assocham .... click here

RBI tightens some External Commercial Borrowings (ECB) norms for companies-December 2009 .... click here

Indian Govt to divest equity & list profit making CPSUs .... click here

Bank NPA’s up by 26% in the second quarter of FY 2010 .... click here

Higher provisioning in RBI policy review to impact banks'profitability- Crisil .... click here

BSE, NSE likely to touch 20,000 and 6,000 marks by 2010, projects Assocham .... click here

Credit quality stabilising, but recovery will be slow, finds Crisil study .... click here

Economic Upturn for MSMEs in India is round the corner, reveals CII survey .... click here

India's foreign direct investment (FDI) inflows exceed US$ 100 billion .... click here

Commodity Exchanges asked to reduce foreign equity by 31st March 2010 .... click here

Indian Banks generally resilient under stress test,says Fitch Ratings .... click here

Indian Govt. to form a JV company “Invest India” for promotion of Foreign Investment .... click here



SEBI caps MF Exposure to Money Market & allows FIIs, funds to invest in IDRs .... click here

SEBI seeks feedback on extending market trading hours .... click here

SEBI introduces revised norms to regulate markets.... click here

SEBI makes it mandatory to disclose details of shares pledged by the promoters.... click here

Sebi panel to review auditors' reports of NSE-Nifty 50 and BSE Sensex companies.... click here

JPMorgan Chase to raise US $10 billion capital & has priced its common stock at $40.50 per share...Read more

Massive upheaval on wall street will have major impact on investment management business ,says TowerGroup...Read more

Mitsubishi UFJ Financial Group (MUFG) to invest US$9 billion in Morgan Stanley...Read more

Citigroup to buy Wachovia's retail bank, corporate and investment bank businesses...Read more



Nomura to acquire Lehman's European and Middle East equities and investment banking operations...Read more

Barclays to acquire Lehman Brothers North American investment banking and capital markets operations...Read more

SEBI approves 10 Indian banks as Self Certified Syndicate Banks (SCSBs) ...Read more

Standard and Poor's report discusses key factors of the global credit market dislocation...Read more

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