State Bank of India says it is not in favor of shutting down Kingfisher Airlines
India’s biggest and lead lender of Kingfisher Airlines on July 12, 2012 said that it does not intend to shut down the airlines. The cash trapped airline said that it needs to take a few measures to recover the loans…
Dena Bank not to reduce lending rates after SBI
Indian money lender Dena Bank on July 10, 2012 said that it will not follow the footsteps of the State Bank of India by reducing the lending rates. The bank also said that its rates were the lowest in the…
State Bank Of India announces hike in interest rates
India’s largest lender, the State Bank Of India has increased its interest rates by 25 basic points to nine percent . The bank in a statement on June 29 said that the interests have increased for three to five year…