Tag: SBI

Air India to Lease its Delhi Assets to Govt. Entities

Receiving good response from the government entities, Air India now plans to lease its properties to them while discarding the applications by the private sector companies. Air India is really happy that their plan to lease its assets in Delhi will be a great success. The airlines hope that their lease plan will fetch a […]

DLF plans to refinance ECB at 7%

Photo by abrinskyDLF, India’s leading real estate developer is approaching domestic banks like State Bank of India (SBI) and ICICI bank to refinance a 300 million USD loan it had raised last year through external commercial borrowings (ECB). The debt of company might get refinanced at a rate of around 7%. The refinancing will be […]

Banks’ Exposure to Realty

May 03, 2010 In the time span of April 2009 to December 2009, the advances to commercial realty sector by the State Bank of India group (SBI) jumped 56%. This is in contrast with the growth of the banking sector which was no more than 1% in this time period. As per an answer to […]

Hope of Home Loan Relief Plan Extension by SBI

Photo by seaview99March 25, 2010 After the budget 2010, SBI brings a gleam of hope for home loan borrowers as it plans an extension in the home loan relief plan. SBI, the State Bank of India, one of the largest lenders in India, has indicated that although there would be slight changes, but it may […]

Retail Players Lap Up Stocks As FIIs Exit

As the four-year bull run in the Indian market went into a sharp correction early this year, foreign investors quietly withdrew part of their holdings in leading stocks while retail investors bought into them. Domestic investors(including institutions, MFs and retail investors)were net buyers in those top companies. These entities together bought around 1.1 percentage point […]

SBI MF to launch Real Estate Equity Fund

The SBI Mutual Fund filed the offer document with the Securities and Exchange Board of India (Sebi) for launching a dedicated scheme for the real estate and related sector, on 13th march . The purpose of Magnum Sector Funds Umbrella (MSFU) Real Estate Equity Fund is to offer investors opportunities for long-term growth in capital […]