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'Efforts on to limit bad assets'
SBI Chairman OP Bhatt spoke to mediapersons at a press conference to announce the bank’s results. Excerpts: What kind of credit growth do you see in the fourth quarter and in the current financial year? There is a pick-up in credit demand and the bank expects to disburse Rs 25,000-30,000 crore in January-March. For the current financial year, credit growth in estimated at 19 per cent. Do you
SBI Chairman OP Bhatt spoke to mediapersons at a press conference to announce the bank’s results. Excerpts: What kind of credit growth do you see in the fourth quarter and in the current financial year? There is a pick-up in credit demand and the bank expects to disburse Rs 25,000-30,000 crore in January-March. For the current financial year, credit growth in estimated at 19 per cent. Do you
Weak rollovers indicate long unwinding
The Nifty could not hold on to the 5,100 level and expired at 5,005 on account of unwinding of long positions in index as well as stocks futures. The rollovers in Nifty December futures were lower
Banks ask RBI to ease higher loan-loss coverage burden
Seek inclusion of write-offs; RBI says no to deadline extension.
Seek inclusion of write-offs; RBI says no to deadline extension.
Expiry effect in overbought market
The cash market generated extraordinary volumes and saw net gains while the derivatives market displayed bullish sentiments and signs of decent carryover. There are also signs of traders bracing for
The cash market generated extraordinary volumes and saw net gains while the derivatives market displayed bullish sentiments and signs of decent carryover. There are also signs of traders bracing for
SBI examining options to increase provision on bad loans
State Bank of India (SBI) today said its provisions on bad loans are adequate but the cover may be increased if the need arises.
State Bank of India (SBI) today said its provisions on bad loans are adequate but the cover may be increased if the need arises.
Car breakdown? Dial 100
here is good news for women in the national capital, as they can now call the police control room (PCR) for assistance at any time, in case of a car breakdown, a senior official said on Tuesday. The m
here is good news for women in the national capital, as they can now call the police control room (PCR) for assistance at any time, in case of a car breakdown, a senior official said on Tuesday. The m
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