State Bank of India not worried about telco exposure
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Last Updated: Thu, Feb 02, 2012 12:51 hrs
State Bank of India (SBI) the country's top lender, is not worried about loans to telecom companies, whose licences have been cancelled, going bad as they may bid again, its deputy managing director Santosh Nair said.
Airlines firsts that changed the industry
Shares of SBI fell as much as 4 percent after India's Supreme Court revoked all 122 telecoms licences issued under a scandal-tainted 2008 sale.
A look at why gold could be on fire in the second half of 2012
The National Stock Exchange's banking index reversed losses and were trading flat. They were down nearly 2 percent just after the announcement
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