Friday, November 11, 2011

Date: 11th Nov 2011

Important News of the Day

1. National Education Day- 11th Nov.

2. Three power generation projects viz ANPARA 'C' (1200MW), HARDUAGANJ-I (250MW), OBRA (200MW) will be started in Uttar Pradesh tomorrow.

3. S&P (standard & poor's) upgrade the risk profile to group5 for indian banks.
It means high risk assessments on institutional framework, competitive dynamics & low risk regarding system wide function.

4. Govt. eyeing 100% FDI in single brand.

5. Italy next PM will be Mario Monti.

6. BICRA- Banking Industry Country Risk Assessment.
BICRA, a tool to evaluate & compare global system. BICRA analysis covers rated & Unrated financial institutions that take deposits. It covers both banks & NBFC that dont take deposits.

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