Wed, 08 Feb 2012 10:14:50 -0800
Temasek sells ICICI Bank stake into India rally
By Prashant Mehra and Manoj Dharra MUMBAI (Reuters) - Singapore state investment group Temasek Holdings has sold a 1.4 percent stake in ICICI Bank (ICBK.NS), India's No. 2 lender, raising $299 million ... | Thu, 02 Feb 2012 00:21:36 -0800
State Bank of India not worried about telco exposure
MUMBAI (Reuters) - State Bank of India (SBI), the country's top lender, is not worried about its loans to telecom companies whose licences have been ordered cancelled, Deputy Managing Director Santosh Nair said on Thursday. SBI has given loans of 11 billion rupees to these companies and has provided guarantees for another 34 billion rupees, which now stand cancelled, Nair said. "We don't have a ... | Mon, 30 Jan 2012 16:34:14 -0800
India to Recapitalize State Bank by Buying $1.6 Billion of Stock
State Bank of India, the nation’s largest lender, will receive $1.6 billion from the government in an infusion of capital, ending a two-year wait for funds even as slowing economic growth fueled bad loans. | Mon, 30 Jan 2012 15:50:59 -0800
India Ends State Bank’s Wait for Funds by Agreeing to Infuse $1.6 Billion
State Bank of India, the nation’s largest lender, will receive a 79 billion rupee ($1.6 billion) capital infusion from the government, ending a two-year wait for funds as slowing economic growth leads to a rise in bad loans. | Mon, 30 Jan 2012 21:34:44 -0800
State Bank of India to Get $1.6 Billion Infusion From Government
State Bank of India, the nation’s largest lender, will receive a 79 billion rupee ($1.6 billion) capital infusion from the government, ending a two-year wait for funds as slowing economic growth leads to a rise in bad loans. | Wed, 08 Feb 2012 04:32:56 -0800
Singh Turns to India State Vote for Succor After Scandals
India’s government gets a chance to rebuild its political support after a year of setbacks and gauge the popularity of Rahul Gandhi, its touted next leader, as voters go to the polls in the nation’s most populous state. | Sun, 05 Feb 2012 18:45:19 -0800
State Bank of India waives service fees on SME loans
The country's largest lender, State Bank of India, has decided to waive guarantees and annual service fees on loans given to small and medium businesses, guaranteed under the Credit Guarantee Fund Tru ..... |
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Wed, 08 Feb 2012 19:14:07 GMT
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Fraudsters cheat SBI of Rs 54 lakh, 3 heldIndian ExpressThe State Bank of India (SBI) has filed a complaint, stating that it has been cheated to the tune of Rs 54 lakh by credit card holders who allegedly submitted fake identity cards and address proof documents to the bank. The Crime Branch of the Delhi ...and more » |
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