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SBI to acquire nearly 10% stake in India International Clearing Corporation : Rashtra News #SBI #acquire #stake #India #International #Clearing #Corporation The strategic investment in IICC is aimed at strengthening the financial markets infrastructure, SBI said in a regulatory filing on Thursday. State Bank of India (SBI) on Thursday said it will acquire about 10 ....
Retail depositors earning negative returns; relook taxation on interest: SBI economists : Rashtra News Retail depositors are earning negative returns on their bank deposits and hence, there is a need for reviewing taxes on interest earned, economists at the country's largest lender SBI have said. If not for all the depositors, the taxation review should ....
Banks may not be pricing their risks adequately, says new report from SBI Research : Rashtra News RBI's policy of providing abundant liquidity may have resulted in banks inappropriately pricing their lending risks, according to a report by SBI's research team. "A back of envelope estimate suggests that the core funding cost of the banking ....