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 decision was taken by a consortium of banks wh
"We are working with the regulators as well as the
Local media had earlier reported about the discrep
Management of non-performing assets and credit gro
"Asset quality issues are issues of the past. They
The first meeting was held on April 8 and also att
"We cut underweight on financials and flip to over
"Neither the payments banks nor small finance bank