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
Story continues below Advertisement

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

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!