Saturday, July 4, 2015

4th South Asian Basketball Association (SABA) Championship 2015

4th South Asian Basketball Association (SABA) Championship 2015 that is underway in Kanteerava Stadium, Bengaluru.
We are attaching the detailed box scores of the morning matches
Gopal, for BFI Media
Morning Results from 4th July 2015
1) Sri Lanka (Praneeth Udumalagala 28 pts & 9 rbs, Chamath Dhanawansa 11 pts & 5 assists, Roshan Fernando 11 pts) bt Maldives (Ahmed Aushan 16) 92-66 [19-12, 17-17, 25-22, 31-15]
2) Nepal (Sadish Pradhan 17 pts, Ashin Shrestha 14 pts & 8 rbs, Bikram Joshi 12 rbs) bt Bangladesh (Mithun Kumas Biswas 24 pts, Mithun Sarkan 22 pts & 11 rbs, Md. Tareq Aziz 16 pts) 87-74 [15-16,21-19,23-22,27-23]
3) India (Joginder Singh Saharan 12 pts, 11 rbs, 10 assists; Gurinder Singh Gill 20 pts, Arvind 19 pts & 10 rbs) bt Bhutan (Rinchen Dorji 14 pts, Karma Singye 8 pts & 11 rbs) 119-52 [39-6, 20-20, 33-16, 26-10]
RBI announces revised methodology for overnight MIBID/MIBOR 

MIBID/MIBOR benchmark in India will be revised with the introduction of the FBIL-Overnight MIBOR on July 22, 2015. The FBIL-Overnight MIBOR will be based on actual traded rates and will be administered by a new company called the Financial Benchmarks India Private Ltd (FBIL).


The Reserve Bank of India has stated that the methodology for the FIMMDA-NSE-Overnight Mumbai Interbank Bid/Offer Rate (Overnight MIBID/MIBOR) benchmark in India will be revised with the introduction of the FBIL-Overnight MIBOR on July 22, 2015. The FBIL-Overnight MIBOR will be based on actual traded rates and will be administered by a new company called the Financial Benchmarks India Private Ltd (FBIL). The existing benchmark, based on polled rates, is set by the Fixed Income Money Market and Derivative Association of India (FIMMDA) and the National Stock Exchange (NSE).

Financial Benchmarks India Private Ltd (FBIL) has been jointly formed as an independent company for administration of benchmarks in financial markets by FIMMDA, the Foreign Exchange Dealers’ Association of India (FEDAI) and the Indian Banks’ Association (IBA). This follows the recommendations of the Committee on Financial Benchmarks accepted by the Reserve Bank of India in February 2014 (Chairman: Shri P. Vijaya Bhaskar, Executive Director).

Over a period of time, FBIL will also take over the administration of foreign exchange benchmarks and other Indian Rupee interest rate benchmarks in consultation with the stakeholders. FIMMDA and FEDAI who are the current benchmark administrators for the Indian rupee interest rate and foreign exchange benchmarks, respectively, will continue to act as administrators for the Rupee interest rate and foreign exchange benchmarks till they are shifted to FBIL. The Reserve Bank will set up an appropriate oversight mechanism for ensuring that the benchmark determination process and its governance framework remain robust and credible.

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