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Kingfisher default: It's not banks but tax-payers who should feel hopeless as Mallya has last laugh

May 26, 2015

Kingfisher default: It's not banks but tax-payers who should feel hopeless as Mallya has last laugh

More than being an individual case, banks' approach to Kingfisher and its disgraced King should set a strong example for other wily promoters #Kingfisher Airlines #SBI #Vijay Mallya #NPA #public sector banks #wilful defaulter #Unted Bank of India
Kingfisher loan status: BSE seeks clarification from United Bank

May 25, 2015

Kingfisher loan status: BSE seeks clarification from United Bank

The BSE has sought clarification from us with respect to news reports in this regard, the bank said in a regulatory filing. #Business #NewsTracker #SBI #BSE #Vijay Mallya #United Bank of India #corporate #Kingfisher House
Sensex goes downhill amid poor ITC earnings, falls 313 points on Fed fears

May 25, 2015

Sensex goes downhill amid poor ITC earnings, falls 313 points on Fed fears

ITC on Friday reported a modest 3.65 percent rise in standalone net profit at Rs 2,361.18 crore for the fourth quarter ended March 2015. #Sensex #Tata Steel #Tata Motors #coal india #SBI #HDFC #GAIL #Cipla #Federal Reserve #ITC #MarketClose #Dr Reddy's Lab
Banks struggle to recover loans even as growth rate beats China

May 25, 2015

Banks struggle to recover loans even as growth rate beats China

Although bank loans still account for bulk of the credit in India, another factor that has weighed on bank loans is cheaper availability of funds through commercial papers and bonds. #Economy #HowThisWorks #India #China #SBI #Icra #Credit Growth #loans #Arundhati Bhattacharya

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Why should finance minister put fresh equity in SBI?

Oct 07, 2011

Why should finance minister put fresh equity in SBI?

Government-owned banks like SBI should not think it is their right to equity when they need it. They need to do more to plough back retained earnings. #SBI #HDFC Bank #To The Contrary #Bank of Baroda #NotJobsButPassion
Who did SBI in? Govt must look in the mirror for answer

Oct 05, 2011

Who did SBI in? Govt must look in the mirror for answer

Instead of decrying Moody's downgrade of State Bank of India and India, the government should look for a different villain - and look in the mirror #State Bank of India #SBI #Moody's #Downgrade #PIIGS #Crying Wolf