Moneycontrol PRO

business

No defaults in telecom space currently: SBI

Santosh Nayar, Deputy MD Corporate Banking, SBI told CNBC-TV18, RBI's move will aid banks to sell their spectrum in case there is a default. However, spectrum alone will not encourage banks to lend cash flow would also be considered.

first published: Jun 14, 2012 12:55 pm

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347
CloseOutskill Genai