Banks Q1 net seen mixed, pvt sector to outperformFriday, July 15, 2011 @ 7:49AMTop lender State Bank of India (SBI) will likely be alone among major Indian banks to post a fall in profit for the June quarter, on slower credit growth and higher provisions, but margins for most banks may shrink on higher deposit rates.
Banks' Q1 seen mixed; private sector to outperformFriday, July 15, 2011 @ 6:22AMBanks' Q1 seen mixed; private sector to outperformBanks' Q1 seen mixed; private sector to outperform
Govt paralysis fuelling Indians investing abroad, says Deepak ParekhThursday, July 7, 2011 @ 4:26AMAccording to HDFC chairman Deepak Parekh, several large industrial houses are now looking at investing abroad as it's much easier. Their strategy now is to have 50% of their turnover from abroad, he says.
There is uncertainty, total paralysis in policy: ParekhWednesday, July 6, 2011 @ 4:41PMIn an interview to TOI, he spoke of how jobs could be threatened with the slow pace of manufacturing activity as well as how the housing loan market continues to grow in healthy double digits, driven by cities outside the metros.
Specialised commercial branch of SBI inauguratedTuesday, June 14, 2011 @ 4:26AMGuntur, Andhra Pradesh, Jun 14 : To cater the needs of all business enterprises and to ensure speedy proceedings of loan proposals, the State Bank of India opened its Specialised Commercial Branch (SCB) here today.
The KKR lessonSaturday, May 14, 2011 @ 2:01AMAfter the celebrations die down, the new government will have to grapple with the onerous task of rekindling faith among the youths that Bengal can reclaim its fading glory, clamber back into India’s Premier League of States after being relegated to the Second Division and offer hope for a brighter tomorrow.
PSB chiefs, finmin to discuss HR, credit & deposit issues todayMonday, April 25, 2011 @ 4:54PMThe heads of 27 government-owned banks, including State Bank of India, will be meeting top officials of the finance ministry on Tuesday in New Delhi to discuss the financial performance in 2010-11 and targets for the current year.
Some golden investment tipsThursday, April 7, 2011 @ 8:09AMIn an hour-long chat on rediff.com, financial planning expert Sailesh Multani offered some valuable tips.
‘SBI is 100% compliant with everything RBI wants us to do'Wednesday, March 30, 2011 @ 1:12PMIn a no-holds-barred interaction with the media a day before his superannuation, Mr O. P. Bhatt, Chairman, spoke his mind on the special home loans scheme, deregulation of savings bank rate, his ‘working relationship' with the banking regulator, and why dissent is healthy in public discourse.