The performance of core infrastructure decelerated in February this year at 4.5 per cent as compared to 9.4 per cent in January, the Reserve Bank said.

Core infra performance slows down in Feb: RBI

Press Trust of India

Capital inflows are expected to be strong, which may push up asset prices, the Reserve Bank said.

...Capital inflows likely to be strong, may push up asset prices

International Finance Corporation (IFC), a member of the World Bank Group, is assisting Gujarat develop an educational project to address higher education needs of the state&rsquo;s underserved areas.

Gujarat ropes in IFC to draw private partners for higher education projects

Business Standard

Growth in total expenditure decelerates, led by lower growth of revenue expenditure.

Quality of fiscal adjustment key to recovery

An expected increase in capital inflows to India could put upward pressure on asset prices and the exchange rate and also influence domestic liquidity conditions which will have implications for monetary management, the Reserve Bank of India said in its Macroeconomic and Monetary Development Review for 2009-10.
According to the review, all signs point to an increase in capital flows to the country during 2010-11, which will be driven by both &lsquo;push&rsquo; and &lsquo;pull&rsquo;

Capital inflows to impact monetary management

Rising international commodity prices and consumer demand key threats.

Inflation driving policy stance

For the first time since the financial crisis intensified, overall flow of funds to the commercial sector has gone up.

Fund flow to commercial sector turns positive

Private sector banks managed a 70 basis points (bps) increase in credit growth in the 12 months to March 26, outshining their public sector and foreign competitors, which saw a decline their growth rates.

Private banks see rise in credit growth

Goldman Sachs Group Inc&rsquo;s stock may drop and the board could come under pressure to change managers after European politicians followed a US fraud suit with their own plans to scrutinize the firm, investors said.

Goldman's board under pressure

The robust credit pick-up in the fourth quarter of 2009-10, which helped the banking system to top central bank&rsquo;s credit growth projections for the financial year, was primarily driven by retail loans, but credit flow to the commercial real estate sector fell drastically following an increase in provisioning norms last year.

Retail loans on the rise, flow to realty plunges

Goldman Sachs Group Inc, accused by regulators last week of fraud in its mortgage-securities business, may show investors tomorrow whether its dominance of Wall Street&rsquo;s debt trading is being eroded by competitors.

Results to show if debt dominance at risk

Shares of companies in which it holds stake fall more than the benchmark.

Goldman fraud probe comes to haunt Indian markets

In the &ldquo;Macroeconomic and Monetary Developments in 2009-10&rdquo;, RBI said the growth outlook for the economy remains positive in the near term, though recovery in private demand needs to be stronger.

Managing inflation to be policy focus: RBI

The Reserve Bank of India today issued draft norms prescribing the minimum period for which banks should hold loans on their books before securitising these. It has also set guidelines for retaining on their books the portion of the loan which is securitised.

RBI issues draft norms for securitisation

Capital market regulator Securities &amp; Exchange Board of India (Sebi) and Insurance Regulatory &amp; Development Authority (Irda) are likely to file a joint application in a high court by April 29, seeking clarification on the regulation of unit-linked insurance plans (Ulips).

Sebi, Irda to approach high court by April 29

The Indian rupee appreciated by 16 paise to 44.57 a dollar in early trade today on the back of fresh capital inflows by foreign funds into equities.

Rupee gains 16 paise to 44.57/$ in early trade

The RBI today hiked short-term lending and borrowing rates and the portion of money banks deposit with it by 25 basis points each, in a move aimed at controlling the inflation spiral without choking growth.

RBI announces 25 bps hike across the board

Banking stocks edged higher on the Bombay Stock Exchange today on fresh round of investments following the less-than-expected hike in policy rates by the Reserve Bank.

Banking stocks up on RBI's moderate rate hike

Retail and corporate borrowers can breathe easy as bankers today said an immediate hike in lending rates is unlikely, although the RBI tightened monetary policy by raising key rates.

No immediate hike in bank interest rates

Public sector Dena Bank has approached the government for infusion of Rs 1,300 crore to meet capital requirement norms, a top official of the bank said.

Dena Bank seeks govt Rs 1,300 cr for capital requirement

Central Bank of India has said it will take a decision in the current financial year to enter insurance business.

Central Bank to enter insurance biz

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