Tuesday, September 17, 2013

SBI expects Rs 4,000-cr capital infusion from government this financial year

.........."We have requested the government for Rs 4,000-crore capital infusion (in the current financial year)," SBI Chairman Pratip Chaudhuri said here on the sidelines of a function to launch an Air India-SBI co-branded credit card. When asked about his expectations from the coming RBI policy review, he said the bank had recommended a cut in the cash reserve ratio (CRR), as well as in repo rate..............

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