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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