(Reuters) - State Bank of India, the country's biggest lender, plans to borrow $1 billion to $2 billion from the overseas market in the next three months, Chairman Pratip Chaudhuri told reporters on the sidelines of a banking event.
Showing posts with label SBI. Show all posts
Showing posts with label SBI. Show all posts
Monday, June 18, 2012
CRR cut will lift investor confident: SBI
Ahead of the credit policy, SBI chairman Pratip Chaudhuri today said one percent cut in cash reserve ratio (CRR) will lift investors sentiment and mood in the economy.
“If there is a one percent CRR cut, I think more than the actual cut
Wednesday, June 13, 2012
State banks would welcome CRR cut - official
REUTERS - India's state-run banks would welcome a 1 percentage point cut in the cash reserve ratio (CRR) by the Reserve Bank of India (RBI) at its next monetary policy meeting, a senior finance ministry official said on Tuesday.
The comment came from Financial Services secretary D.K. Mittal, who is in-charge of all state-run financial institutions. (curtsey : reuter)
Rupesh Yatesh Dalal
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Head Research Department
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