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<strong>SBI</strong> approves OTS for mining-affected borrowers in Goa

SBI approves OTS for mining-affected borrowers in Goa

18 Dec 2014

Panaji: State Bank of India has approved the one-time settlement (OTS) scheme for its borrowers from the beleaguered mining industry in Goa. This is expected to pave way for other financial institutions to settle the long-pending bad debt of those who are in a lurch due to the halting of mining in the state.

State Bank of India,   one-time settlement (OTS),   mining industry,   Goa,   Economic Development Corporation (EDC),   Lokmanya Cooperative Society,   Syndicate Bank,   Bank of India,   IndusInd Bank,   Canara Bank,   ,  
Falling Re may spook rate cut hopes, says <strong>SBI</strong>

Falling Re may spook rate cut hopes, says SBI

17 Dec 2014

Mumbai: The continued weakening of the rupee driven by external factors is likely to delay any interest rate cut by the Reserve Bank, according to a survey.

Rupee,   Interest rate,   Rate cut,   Reserve Bank,   RBI,   SBI,  
SEBI urges RBI, MCA to join efforts to create a vibrant corp bond market

SEBI urges RBI, MCA to join efforts to create a vibrant corp bond market

15 Dec 2014

New Delhi: As the government seeks to create a 'vibrant, deep and liquid' corporate bond market, regulator SEBI has approached RBI and Ministry of Corporate Affairs (MCA), among others, to address certain impediments in this regard.

SBI,   RBI,   MCA,   Indian corporate bond market,   Indian Economy,   NSE,   BSE ,  
Rs 8,900 crore in taxes pending against LIC, <strong>SBI</strong>, BSNL

Rs 8,900 crore in taxes pending against LIC, SBI, BSNL

11 Dec 2014

New Delhi: Pulling up Revenue Department for its "inefficiency" in tax recovery, a Parliamentary panel has said that nearly Rs 8,900 crore is pending against just three public sector companies, LIC, SBI and BSNL.

tax pending,   LIC,  SBI,  BSNL,   Revenue Department ,  
PSU bankers paid very poorly, rues <strong>SBI</strong> chief

PSU bankers paid very poorly, rues SBI chief

11 Dec 2014

New Delhi: Lamenting that bankers are paid very poorly in India, especially at public sector banks, SBI chief Arundhati Bhattacharya on Thursday said there is an urgent need to provide better remuneration to attract good talent.

Bankers,   Public sector banks,   SBI chief,   Arundhati Bhattacharya,   Bank employees ,  
Sharp rise in bad loans; banks taking action: Government

Sharp rise in bad loans; banks taking action: Government

05 Dec 2014

New Delhi: Concerned over sharp rise in bad loans, Finance Minister Arun Jaitley on Friday said banks are taking a number of steps against willful defaulters to recover the loans.

Arun Jaitley,   Government ,   NPA,   Indian economy,   Finance Minister,  
<strong>SBI</strong> for restoring 30 percent equity norm in debt recast

SBI for restoring 30 percent equity norm in debt recast

10 Dec 2014

Mumbai: After RBI announced that it would soon come out with flexible norms for loan restructuring, SBI has demanded that it be allowed to convert up to 30 percent of debt into equity.

SBI,   RBI,   Arundhati Bhattacharya,   Indian banking,   Indian economy,   State Bank of India ,  
<strong>SBI</strong> for restoring 30 percent equity norm in debt recast

SBI for restoring 30 percent equity norm in debt recast

10 Dec 2014

Mumbai: After RBI announced that it would soon come out with flexible norms for loan restructuring, SBI has demanded that it be allowed to convert up to 30 percent of debt into equity.

SBI,   equity norm,   debt recast,   Arundhati Bhattacharya,   Raghuram Rajan,   ,  
Lending rates can be cut when credit picks up: <strong>SBI</strong>

Lending rates can be cut when credit picks up: SBI

09 Dec 2014

Mumbai: State Bank of India chief Arundhati Bhattacharya on Tuesday said the cut in lending rates can only happen when credit picks up.

State Bank of India,   SBI chief,   Arundhati Bhattacharya,   Lending rates,  
<strong>SBI</strong> Mutual Fund puts off Sharia-compliant fund launch

SBI Mutual Fund puts off Sharia-compliant fund launch

05 Dec 2014

Mumbai: SBI Mutual Fund has deferred its plan to launch a Shariah-compliant equity fund, which has run into a controversy amid opposition from religious bodies and targeted investors to the proposed structure of this scheme.

SBI,   SBI Mutual Fund ,   AIMPLB,   Mutual Fund,   Dinesh Khara ,  

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