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SBI plans Rs 9,000 cr QIP issue

Nov 14, 2013

SBI plans Rs 9,000 cr QIP issue

The country's largest lender State Bank of India today said it has sought government approval to raise Rs 8,000-9,000 crore through the qualified institutional placement (QIP) by the end of the current fiscal. #SBI #Government of India #Qualified Institutional Placement #Banking sector #Arundhati Bhattacharya
No proposal to hike FDI limit in banks: govt

Aug 23, 2013

No proposal to hike FDI limit in banks: govt

The penetration of the insurance sector is below France, Switzerland, the UK, the US, Japan, Singapore, South Korea, Taiwan and Hong Kong. #Investing #State Bank of India #Gross Domestic Product #PolicyWatch #Insurance #Namo Narain Meena #Banking sector
Govt panel for super regulator for pension, insurance and commodities

Mar 22, 2013

Govt panel for super regulator for pension, insurance and commodities

A government appointed panel today suggested a super regulator, merging oversight functions of market, commodity, insurance and pension regulators, while leaving the banking business regulation under the Reserve Bank. #commodities #PolicyWatch #Insurance #Pension #Banking sector #FLSRC
Banking outlook negative on higher NPAs: Moody's

Jan 21, 2013

Banking outlook negative on higher NPAs: Moody's

Global ratings agency Moody's today said it has a "negative" outlook on the country's banking system due to concerns over asset quality and the high interest rates. #Moody's #NPA #ExpertView #Banking sector

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Banking outlook negative on higher NPAs: Moody's

Sep 19, 2014

Libya: Let the scramble for oil money begin

The ever-deepening political, ideological and geographical fault lines dividing Libya into two power blocs have finally reached the gates of one of the country's most important and well-respected institutions: the Central Bank. Last week, the House o... #Libya #Madrid #U.S. House of Representatives #Tripoli, Libya
Banking outlook negative on higher NPAs: Moody's

Sep 19, 2014

Cheque mate: State will only accept electronic payments

THE use of cheques is expected to collapse from today when the State and public bodies stop sending them and will no longer accept them from businesses. The move coincides with changes made by Ulster Bank to the rules for current accounts, which are ... #Libya #Madrid #U.S. House of Representatives #Tripoli, Libya
Banking outlook negative on higher NPAs: Moody's

Sep 18, 2014

EBRD Lowers Economic Growth Forecast for Bulgaria to 1.5% of GDP

The European Bank for Reconstruction and Development (EBRD) has lowered its growth forecast for Bulgaria to 1.5% of the GDP. In May 2014, the EBRD predicted a growth rate of 1.9% for Bulgaria for 2014. The EBRD predicts economic growth of 2% in 2015 ... #European Union #Bulgaria #European Bank for Reconstruction and Development