Jul 30, 2013, 08.53 PM | Source: Reuters
Bonds for non-resident Indians (NRI) will not work in current market conditions, State Bank of India chief Pratip Chaudhuri said on Tuesday.
Most countries are now issuing sovereign bonds, the head of the country's largest lender said while speaking to reporters at a post-policy conference.
Earlier in the day, the central bank left interest rates unchanged as it supports a battered rupee but said it would roll back recent liquidity tightening measures when stability returns to the currency market, enabling it to resume supporting growth.
The recently announced Rs 7,575 crore capital infu
The United Forum of Banks Unions (UFBU), an umbrel
Sanjay Mookim of Bank of America Merrill Lynch rec
Normal banking operations may take a hit tomorrow
State Bank today launched a payment system at its