WISHING ALL THE VIEWERS AND BLOGGERS A VERY HAPPY,PEACEFUL AND
PROSPEROUS NEW YEAR.

The US Federal Reserve will buy an additional $600 billion of treasuries expanding record stimulus and risking its credibility to reduce unemployment and avert deflation.Policymakers,who have pegged new purchases at about $75 billion a month will adjust the program to best foster maximum employment and price stability.The Central bank kept its pledge to keep interest rates low for an'extended period'.

Source;IIBF VISION-December,2010.

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The government of India plans to set up a consortium of Public sector banks headed by State Bank India to suggest ways and means to make low cost funding available for power projects being set up under National Solar Mission.

MAHINDRA LAUNCHES THAR

Mahindra launches its 4X4 legendary off roader 4X4 the THAR CDRe.
Addressing the media Mr.Vivek Nayer, Senior Vice president,of the company said,'having realised the potential of the emerging segment of off road enthusiasts and lifestyle seekers ,we have launched the THAR in India.The THAR is an extension of our legacy and what Mahindra stands for".

RASHI ECOTOURISM

RASHI ECO TOURISM LAUNCHES TIMESHARE FOR ITS UNIQUE ECO STAYS.

REVENUES SHRINK IN US BANKS

Shrinking revenues in US banks led by Goldman sachs and citigroup may continue to shrivel as the industry heads into what could be its lowest period of growth since the great depression. after the six largest US banks posted record revenue in 2009,combined net revenue fell by an average of 8% in the third quarter from a year earlier and 16.3% over the last two quarters.
New laws restricting account and credit card fees,as well as derivatives and capital rules are also squeezing lenders.
Source: IIBF Vision.

VIJAYA BANK TIE UP

Vijaya Bank and UAE Exchange India,exchanged the Inward Money transfer Agreement in the presence of Ms.S.Panse,ED.Vijaya bank to offer easy money transfer facility to Indians across the world.

Vijaya bank and global money transfer company Money-Gram International have announced their tie up wherein the bank will offer MoneyGram's real time money transfer services in its 1173 branches.Mr.Albert Tauro,CMD of the bank was present.
Source: IIBF Vision.

BANK LICENCES TO INDIA INC.

BANK LICENCES TO INDIA Inc.
Some of india's biggest business houses such as the Tata's,the Aditya Birla group,the Mahindras,L&T,and Religare are pitching in for Bank Licence. Reserve Bank Of India is expected to finalise the norms which will be unveiled soon.

Source; IIBF Vision.

ETIOS GLOBAL LAUNCH IN BENGALURU.

SHOBHAA AT SIXTY BY SHOBHAA De'

Shobhaa At Sixty authored by Shobhaa De' was released in our garden city Bengaluru by Ms.Gitanjali Kirloskar and Ms.Kiran Mazumdar-Shaw at Bengaluru's beautiful Hotel Taj West End.

About the Author: Shobhaa De was voted by the Reader's digest as one of 'India's most Trusted People' and one of the 50 most powerful women in India by DNA.Shobhaa De is one of India's highest selling authors and a popular social commentator.She regularly writes columns in leading newspapers on current topics.


About the Book: Shobhaa De is known to live life by her own rules.She helps the reader rejuvenate their life,giving wise,honest and practical advice on how to cope with the daily challenges and stresses we face in today's fast paced world. she shares her own experiences from her life spanning six decades,claiming the inspiration for penning this book,was in her own words,'to free people from the cage of age'.Laying great emphasis on family values and ties,she stresses on making each passing decade more meaningful and enriching while taking the time to enjoy the small pleasures of life.Leading by example, Shobhaa shows us just how much we have to look forward to,no matter what our age is!.


The Book is published by Hay House India. The price of the Book is Rs.350\-