HFCs and banks expect a drop in demand for housing loans in the short-term.
As a step to protect its interest as a lender, SBI will look at the financial stability and corporate governance practices in companies where it has exposure.
Ambani said, in the telecom space, the focus will be on debt reduction, and the virtual merger did away with the need for major capex and will help towards this
Lower inflation, FCNR(B) outflows likely to influence central bank decision
All shares held by SBI in the five associate banks will stand cancelled after merger.
'I want to leave behind the bank stronger and better than when I took over.'
Interview with former Reserve Bank of India governor by Duvvuri Subbarao.
This shortfall could continue to hurt loan growth in 2016-17.
Under this service, SBI will give services in person or through remote mode.
Rupee is seen to remain in the range of 67.50-68.80 in the short-term
Employee integration and branch rationalisation are major challenges.
New SDR norms allow promoters to manage debt-laden firms.
Mallya offered to pay Rs 4,000 crore (Rs 40 billion) as settlement.
Two members recommended bringing down the rate by 50 bps in the April policy.
Loans to wilful defaults are said to be a little over Rs 1 lakh crore.
'Confidentiality needs to be maintained.'
Benchmark rate for new loans to be lower by 80-90 bps from Friday; move could increase competition but hit commercial papers.
In the case of Iran, the lifting of sanctions has paved the way for direct relations.
Banks have been patient and flexible in rescheduling loans.
The next chairman at the country's largest lender could enjoy a four-year tenure.
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