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Fri, 04 Jul 2008 02:19:59 GMT

Fitch assigns bank loan ratings to Export-Import Bank of India (Thaipr.net)
Fitch Ratings has assigned a 'AAA(ind)' National rating to Export-Import Bank of India (EXIM)'s INR44.2 billion bank term loans. The agency has also affirmed the bank's Long-term Issuer Default Rating

Thu, 03 Jul 2008 12:16:12 GMT

PRESS RELEASE: Fitch Assigns Ratings to India's Export-Import Bank (Nasdaq)
Fitch Ratings-Singapore/Mumbai-03 July 2008: Fitch Ratings has today assigned a 'AAA(ind)' National rating to Export-Import Bank of India (EXIM)'s INR44.2 billion bank term loans.

Sat, 05 Jul 2008 09:11:06 GMT

Bank to shift Queensland jobs offshore (Milton Ulladulla Times)
The personal loan details from hundreds of thousands of National Australia Bank's Queensland customers are heading offshore to India as the bank prepares to axe more than 120 jobs at its Coorparoo lending centre.

Fri, 04 Jul 2008 08:00:16 GMT

India's Inflation Accelerates to Fastest in 13 Years (Update2) (Bloomberg.com)
July 4 (Bloomberg) -- India's inflation accelerated to the fastest pace in more than 13 years, strengthening the case for the central bank to increase borrowing costs this month.

Tue, 01 Jul 2008 03:43:50 GMT

Bank of India raises prime lending rate by 50 bps (Reuters via Yahoo! India News)
MUMBAI (Reuters) - State-run Bank of India has raised its benchmark prime lending rate by 50 basis points to 13.25 percent with effect from Tuesday, it said in a statement issued late on Monday.

Tue, 01 Jul 2008 05:56:00 GMT

State Bank may increase interest rates again (IANS via Yahoo! India News)
New Delhi, July 1 (IANS) India's leading public sector bank, the State Bank of India (SBI), could once again increase its interest rates including that for loans for housing and consumer durables, its chairman O.P. Bhatt indicated here Tuesday.

Sun, 06 Jul 2008 08:02:10 GMT

State surplus: $176.5 million (Arkansas News Bureau)
The state ended its fiscal year with a $176.5 million surplus. Net available general revenues for the full year, which ended June 30, were $4.53 billion. That number eclipses last year's collections by $61.3 million, roughly 1.4 percent.

Sat, 05 Jul 2008 14:47:49 GMT

Calcutta Telegraph

SBI raises floating rate on home loans by 0.5 per cent
domain-B, India - 22 hours ago
Mumbai: State Bank of India, the country's largest lender, has increased its floating home loan rate by 50 basis points across all tenors with effect from ...
India's HDFC, ICICI Bank raise loan, deposit rates Reuters
SBI, three others raise rates Hindu
Short covering helps public sector banks recover Hindu Business Line
Business Standard - Economic Times
all 111 news articles

Thu, 03 Jul 2008 11:13:09 GMT

Sify

Mkts: Bears play havoc, push Sensex down by 571 pts
Sify, India - Jul 3, 2008
The market witnessed a fairly decent recovery a little past mid afternoon as a few bank stocks, led by heavyweight State Bank of India, bounced back smartly ...
Sensex crashes by over 600 pts in early trade @ 10:22 hrs Sify
Sensex slips for the seventh successive week Sify
Sensex ends 360 pts up as bulls return to the ring Sify
Sify - Sify
all 230 news articles

Fri, 04 Jul 2008 04:38:18 GMT

Indian State Banks' Target Share Prices Cut by Morgan Stanley
Bloomberg - Jul 3, 2008
By MC Govardhana Rangan July 4 (Bloomberg) -- State Bank of India and other government-run banks in the country had their stock price targets cut by Morgan ...

Thu, 26 Jun 2008 16:59:40 GMT

IBNLive.com

Consumers fret as State Bank hikes interest rates
Economic Times, India - Jun 26, 2008
MUMBAI: India's largest commercial bank, the State Bank of India (SBI), on Thursday hiked its primary lending rate by 50 basis points in what is expected to ...
State Bank may increase interest rates again Deccan Herald
SBI plans M-Banking roll out in July; BoI, UBI likely in June Sify
Hike in lending rate generates interest in SBI NDTV.com
Financial Express - Hindu Business Line
all 182 news articles

Tue, 01 Jul 2008 20:41:09 GMT

Calcutta Telegraph

SBI hikes home, car loan rates
The Statesman, India - Jul 1, 2008
PTI GHAZIABAD June 30: Home loans and auto financing from public sector State Bank of India would be dearer as the lender has decided to hike interest rates ...
4 more banks hike lending Hindustan Times
Major banks announce hike in PLRs NDTV.com
PNB, BoB hike lending, deposit rates Times of India
Business Standard - Business Today
all 84 news articles

Mon, 30 Jun 2008 09:54:52 GMT

State Bank's Bhatt Sees Less Profit From India Loans (Update2)
Bloomberg - Jun 30, 2008
``There's going to be stress on assets across the banking industry,'' Bhatt, 57, said in his office in State Bank of India's Mumbai headquarters June 27. ...

Thu, 03 Jul 2008 13:09:20 GMT

Indian shares close over 4 pct lower on record oil prices ...
Forbes, NY - Jul 3, 2008
State Bank of India Ltd., India's largest bank, gained 2.07 percent to 1101.55 rupees and ONGC rose 0.56 percent to 859.20 rupees.
Indian Stocks Gain Most in 3 Months, Led by Infosys, Reliance Bloomberg
Indian Stocks Plunge Due to Political Turmoil and Inflation Fears Voice of America
India's Sensex Index Has Worst First Half; ICICI Leads Decline Bloomberg
Forbes - Forbes
all 54 news articles

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