Thursday 30 November 2017
SBI is confident haircuts will be moderate: B Sriram
Emboldened by the interest expressed by private players in stressed assets, the country’s largest lender State Bank of India is hopeful that it will not have to take huge haircuts on most assets getting resolved under the Insolvency & Bankruptcy Code (IBC).
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The 24-company Indian life insurance industry closed last month with new business of Rs 22,776.03 crore, up by 31.87 per cent over the prev...
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