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SBI's share sale to raise up to Rs 15,000 cr may be pushed to June

Apr 24, 2015

SBI's share sale to raise up to Rs 15,000 cr may be pushed to June

The share sale would happen via the "fast track" follow-on offering route, said the sources. Under the fast-track process, select large companies are exempted from complying with the market regulator's disclosure and filing requirements. #SEBI #SBI #FPO #share sale #lender
Finmin assures state banks of freedom from political interference

Jan 07, 2015

Finmin assures state banks of freedom from political interference

The finance ministry has written to public lenders and other financial institutions, assuring them of full freedom in matters related to commercial decisions, transfers and postings. #finance ministry #Narendra Modi #State lenders #political interference
RBI needs to allow small banks to think big if it wants them to succeed

Sep 21, 2014

RBI needs to allow small banks to think big if it wants them to succeed

Several companies are planning to apply to become smaller banks, including some among those, which failed to win a banking licence in April. #RBI #Financial inclusion #Co-operative banks #Small banks #local banks #money lenders
HDFC bank Q4 results disappoint, slowest growth in over a decade

Apr 22, 2014

HDFC bank Q4 results disappoint, slowest growth in over a decade

India's slowed economic growth has led to a decline in credit and a rise in bad debts, factors which analysts expect will weigh on the profitability of the banking sector this fiscal year. #Economy #India #Banks #HDFC #EarningsShow #lenders #Quarterly profit #slowdown of growth
Banks decide to start recovery of Kingfisher loans

Feb 12, 2013

Banks decide to start recovery of Kingfisher loans

Kingfisher lenders today finally decided to start the recovery process for Rs 7,500-crore loans given to the grounded airline, a top official of State Bank of India said today. #Debt #Kingfisher Airlines #CompanyWatch #lenders