To start with issues of GMR, GVK, Reliance Power and Lanco, aggregating Rs 5,000 crore.

IIFCL to soon start backing infra companies' bond offers

Press Trust of India

Central bank raises cap on LTV ratio to 90%.

Some RBI relief for home loan customers

Business Standard

Often criticised for offering less attractive interest rates than banks for most of the last five years, retirement fund manager EPFO hiked the annual rate of returns on employee provident funds to 9.5 per cent in 2010 and this time around, the banks were left behind.

Retirement funds turn attractive investment option in 2010

National Federation of Urban Co-operative Banks &amp; Credit Societies Ltd (NFUCBCS) and Gujarat Urban Co-Operative Banks Federation (GUCBF) will launch the Core Banking Solution for Urban Co-operative Banks &ldquo;COOP CORE-2010&rdquo; on December 25. Sharad Pawar,union minister for agriculture, would be present on the occassion. The motive behind this program is to ensure that all the urban co-operative banks across India get CBS-enabled at the earliest and in the most convenient manner.

NFUCBCS to launch COOP CORE 2010

The World Bank today signed a credit agreement of $154 million (around Rs 719 crore) for additional financing of the Tamil Nadu Empowerment and Poverty Reduction Project. The agreement was signed by the representatives from the government of India, the state government and the World Bank.

Rs 720-cr world bank loan for TN poverty programme

Banks raised Rs 16,500 crore through short-term instruments this week to meet quarter-end targets.

Banks rush to raise funds via CDs

Driven by higher earnings due to increase in lending rates, commercial banks are expected to report 25 per cent year-on-year growth in operating profit in the quarter ending December 31, according to Crisil.

Crisil pegs Q3 bank profit growth at 25%

Goldman Sachs Group, weighing 2010 pay packages for a year that could rank as Wall Street&rsquo;s second best, said it may grant bonuses that depend on future earnings, in addition to stock performance.

Goldman Sachs may pay bonuses tied to profit, revenue

Renewable-energy funds suffered record outflows this year, reversing their direction from 2009, as money managers including BlackRock Inc said the credit crunch dimmed the outlook for solar and wind power projects.

BlackRock blames loan crisis for clean-energy outflow

An order passed by Chief Information Commissioner Satyananda Mishra makes it mandatory for the Reserve Bank of India (RBI) to disclose pre-board meeting agenda notes and minutes.

Disclose meetings agenda, RBI told

The call money rate is expected to open firm on Monday, as liquidity may remain tight until the government steps up spending.

Call rate likely to stay firm today

India is likely to get over $7 billion in private equity (PE) investments in 2010, as robust economic growth is making the country an attractive market for fund managers, according to global consultancy, Ernst &amp; Young (E&amp;Y).

PE investments likely to cross $7 bn in 2010: E&Y

The government will retain its borrowing plan of Rs 4.47 lakh crore this financial year, despite reducing the size of market mop-up by Rs 10,000 crore earlier this month due to cash shortage in the system.

Govt to retain borrowing plan of Rs 4.47 lakh cr this year

Banks will ask for an additional password from their credit card customers from the new year for any transactions conducted over phone, subsequent to a Reserve Bank of India (RBI) direction for making phone banking more secure.

Banks to add extra security layer for phone banking

Russia has expanded the list of investment banks that will advise it on its planned $59 billion state asset sale programme over the next five years.

13 banks to advise on Russia asset sales

For all the losses facing Europeans this year, investors from the region who bought US stocks as the euro weakened are getting the best returns in a decade.

Euro pain turns to 23% gain for Europeans in S&P 500

After the launch of its reverse mortgage scheme for senior citizens, the Central Bank of India (CBI) is now targeting cities like Dehra Dun and Pune, which are considered to be hub of retirees.

Central Bank of India to expand reverse mortgage scheme to other cities

The Wall Street's biggest bond-trading firms say investors in US government debt will barely break even next year as yields climb from the lowest levels since the 1950s and the Federal Reserve boosts economic growth.

US debt investors to barely break even next year

These also help these big companies understand India better.

Corporate venture capitalists raise bets on Indian start-ups

SBI Cap to study viability of debt restructuring, will submit report in a month.

Banks weigh a Zoom bailout

The Reserve Bank of India (RBI) today clarified that a certificate from a single bank would suffice on the quality of assets of a non-convertible debenture (NCD) issuer, even if the issuer was maintaining multi-banking facilities. The NCD issuer would have to give an undertaking that its accounts at the other banks and financial institutions were classified as standard assets.

RBI clarifies on NCD issue rule

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