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SBI launches new home loan scheme for working executives

February 01, 2016

Under the scheme, 'SBI FlexiPay Home Loan', the additional loan amount will help such professionals in acquiring better and spacious living spaces for themselves and their families...


Banks need $140 billion to comply with Basel III norms by FY19, says Fitch

December 18, 2015
Banks in India will need about $140 billion to ensure full compliance with the Basel III norms by 2018-19, Fitch Ratings said on Thursday. It also said that they are unlikely to see a significant improvement in the credit growth unless capital and bad loans related issues are resolved. The government's expected capital injection of around $11 billion into its banks is critical but may be insufficient to support sustainable lending growth to achieve Basel III requirements and cushion against balance-sheet stress, all at the same time, Fitch said.

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