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Business News: SBI to acquire nearly 10% stake in India International Clearing Corporation

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 ....

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Business News: Retail depositors earning negative returns; relook taxation on interest: SBI economists

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 ....

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Business News: Banks may not be pricing their risks adequately, says new report from SBI Research

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 ....

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