State Bank of India is likely to undergo sea change as
the government, which now happens to be the dominant shareholder, in an unprecedented move is willing to infuse capital to the bank. This will certainly provide greater flexibility on the part of the bank to raise funds; help power its growth plan and fuel its acquisition drives. The first quarterly result of the bank has been a robust one, wherein it reported a 78.5% growth. The banking major is expected to close the year with Rs.50 billion in profits.
For Complete IIPM Article, Click on IIPM Article
the government, which now happens to be the dominant shareholder, in an unprecedented move is willing to infuse capital to the bank. This will certainly provide greater flexibility on the part of the bank to raise funds; help power its growth plan and fuel its acquisition drives. The first quarterly result of the bank has been a robust one, wherein it reported a 78.5% growth. The banking major is expected to close the year with Rs.50 billion in profits.For Complete IIPM Article, Click on IIPM Article
Source : IIPM Editorial, 2007
An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative
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An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative
Read More:-
The Sunday Indian - Greatest News weekly
IIPM, GURGAON
Maya jaal spreads far & wide!
Another hogwash!
COMMUNALISM
While the mayhem continues!
Billions spent on million light years...
The art of splitting hair?
POTA? Funny!
The army’s fallen behind China
The Man of Steel gets his hands in Oil
HLL ‘Lever’ ages the power of Hindustan
