overseas borrowings

India cuts tax on overseas borrowings (Lead)


September 21st, 2012 - 8:34 pm ICT by IANS
New Delhi, Sep 21 (IANS) In yet another move to draw in international capital, the Indian government Friday reduced tax on overseas borrowings by domestic companies to five percent from ... Read more...

Posted in Business |

India lowers taxes on overseas borrowings


September 21st, 2012 - 3:48 pm ICT by IANS
New Delhi, Sep 21 (IANS) The government Friday reduced tax on overseas borrowings by domestic companies to five percent from 20 percent so that local companies could easily raise funds ... Read more...

Posted in Business |

Fitch cuts SBI, PNB, ICICI Bank outlook to negative (Lead)


June 20th, 2012 - 6:22 pm ICT by IANS
Mumbai, June 20 (IANS) Global ratings agency Fitch Wednesday cut its outlook on leading Indian financial institutions, including State Bank of India (SBI), ICICI Bank and Punjab National Bank ... Read more...

Posted in Business |

SBI to approach Moody’s for review and re-rating


May 18th, 2012 - 10:26 pm ICT by IANS
Kolkata, May 18 (IANS) The country's biggest lender State Bank of India (SBI) is mulling to approach global credit ratings firm Moody's Investors Services to "review" its ratings, its ... Read more...

Posted in Business |

SBI slumps 4 percent on ratings downgrade


October 5th, 2011 - 5:13 pm ICT by IANS
Mumbai, Oct 5 (IANS) State Bank of India (SBI), the country's largest lender, slumped over four percent Wednesday, sliding for the second straight day after Moody's downgraded its ratings ... Read more...

Posted in Business |

Industry split over tightening of foreign borrowing norms


December 10th, 2009 - 7:03 pm ICT by IANS
New Delhi, Dec 10 (IANS) Leading industry lobbies Thursday differed over the central bank's decision to tighten foreign borrowing norms on the ground that the liquidity crunch has eased considerably and it ... Read more...

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Capital inflows in line with need: Apex bank


December 10th, 2009 - 6:51 pm ICT by IANS
Kolkata, Dec 10 (IANS) Reserve Bank of India (RBI) Governor Duvvuri Subbarao Thursday said capital inflows into India were in line with the country's need and that there was no concern over ... Read more...

Posted in Business |

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