IDBI's 5-year foreign currency loan over-subscribed by $40-mn
The Industrial Development Bank of India's (IDBI) $100 million five-year foreign currency loan priced at 150 basis points over Libor has received $40 million in over-subscription.

Petronet to hold 51%, Essar Oil and RPL may pick 39% in Central India Pipeline
None of the three oil companies -- Indian Oil Corporation (IOC), Bharat Petroleum Corporation (BPCL), and Hindustan Petroleum Corporation (HPCL) -- will participate in the equity of the Central India Pipeline.

BNP may pip rivals to post in race for BankAm Asian retail business
Banque Nationale De Paris (BNP) has emerged as the "dark horse" to buy out BankAm's Asian retail business spanning India, Taiwan and Singapore.

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