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    HomeNewsBusinessCompaniesSBI may raise funds from overseas markets in FY12

    SBI may raise funds from overseas markets in FY12

    OP Bhatt, SBI chairman, said that incremental credit-deposit ratio should be over 100% in FY11. SBI's current credit-deposit ratio is at 77%. Hence, SBI is aiming to raise funds from the overseas markets in the next fiscal year to achieve the ratio target.

    February 18, 2011 / 15:26 IST

    OP Bhatt, SBI chairman, said that incremental credit-deposit ratio should be over 100% in FY11.  SBI's current credit-deposit ratio is at 77%.

    Hence, SBI is aiming to raise funds from the overseas markets in the next fiscal year to achieve the ratio target.

    first published: Feb 18, 2011 03:20 pm

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