Impact on Banking: Soujanya P, manager, banking sector, CARE news 28 February 2011 Rs.6,000 crore to be provided during 2011-12 to enable public sector banks to maintain a minimum of Tier I CRAR of 8%. Rs. 500 crore to be provided to enable Regional Rural Banks to maintain a CRAR of at least 9% as on March 31, 2012 Positive for the banking industry with proposed capital infusion to enable banks strengthen their capital adequacy levels and fund expansion of operations. Existing housing loan limit enhanced to Rs. 25 lakh for dwelling units under priority sector lending Enhanced limits for housing loans qualifying for priority sector exposures would act as an incentive for flow of resources. Central Electronic Registry to prevent frauds involving multiple lending on the same immovable property to become operational by March 31, 2011. Setting up of Electronic registry to bring transparency and reduce frauds in the mortgage finance segment. Mutual Funds allowed to raise subscriptions from foreign investors who meet KYC norms for equity schemes. Highly positive for mutual fund industry; increases access to larger investor base and potential for higher assets under management. Microfinance (Rs 100 crore) and Self Help Group (Rs. 500 crore) funds set up for supporting the sector under SIDBI. Marginally positive. Indicate Government's intent that the sector is of critical importance for financial inclusion in the economy.

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Impact on Banking: Soujanya P, manager, banking
sector, CARE news
28 February 2011
Rs.6,000 crore to be provided during Latest domain-b reports
2011-12 to enable public sector banks to UK international aid budget to
India under scrutiny
maintain a minimum of Tier I CRAR of
Budget 2011-12 Impact: Sectors
8%.
that lost/gained the most
Rs. 500 crore to be provided to enable China holds far more US debt
than previously estimated
Regional Rural Banks to maintain a
Full text of Railway Budget
CRAR of at least 9% as on March 31,
2011-12
2012
Equinox Minerals bids $4.9-bn
for Lundin Mining
Positive for the banking industry with
AI COO Gustav Baldauf exits
proposed capital infusion to enable
Funds for social schemes seem
banks strengthen their capital adequacy to be vanishing
levels and fund expansion of operations. India's GDP grew at 8.2 per cent
in October-December 2010
Existing housing loan limit enhanced to
ONGC reports 3 oil and gas
Rs. 25 lakh for dwelling units under finds in Cambay and KG basin
priority sector lending Ventas acquires Nationwide
Health for $7.4 billion
Enhanced limits for housing loans more reports
qualifying for priority sector exposures
would act as an incentive for flow of
resources.
Central Electronic Registry to prevent
frauds involving multiple lending on the
same immovable property to become
operational by March 31, 2011.
Setting up of Electronic
registry to bring transparency and reduce frauds in the mortgage finance
segment.
Mutual Funds allowed to raise subscriptions from foreign investors who meet
KYC norms for equity schemes.
1 of 2 3/1/2011 3:29 PM

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Highly positive for mutual fund industry; increases access to larger investor
base and potential for higher assets under management.
Microfinance (Rs 100 crore) and Self Help Group (Rs. 500 crore) funds set up
for supporting the sector under SIDBI.
Marginally positive. Indicate Government's intent that the sector is of critical
importance for financial inclusion in the economy.
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2 of 2 3/1/2011 3:29 PM