Banknet's Insurance Technology Forum will be organized on 21st April 2010 at Mumbai.This Forum will bring together Insurance, Financial Services, Technology Professionals, Regulators & Academicians on one platform. ... Click here

  Special Publication on "Technology In Insurance Sector" with 8 papers & 2 case studies now available at... Click here

  SPECIAL OFFER- Free, additional 6 month listing in the Directory of IT-ITES Cos... Read more

  Detailed Results of Banks in India-Third Quarter ended Dec'09... Click here

FOR SPECIAL SECTION ON SEBI NOTIFICATIONS ...Click Here


Strong rebound in the second half of FY10 drives Indian growth rate upwards .... click here

Max Bupa Health Insurance Company is 23rd general insurer registered in India .... click here

Government amends norms for issue of Foreign Currency Convertible Bonds (FCCBs) .... click here

National policies alone cannot prevent a crisis, concludes RBI Conference .... click here

RBI introduces new category of NBFCs as Infrastructure Finance Companies (IFCs) .... click here

RBI eases External Commercial Borrowings (ECB) norms, gives more power to banks .... click here

Indian IT - BPO Industry exports touches USD 50 billion landmark-Nasscom .... click here

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

Click Here For Earlier Market News

Click Here For News Archives

	Web banknetindia.com