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t, sheer size of SBI’s operations, helps SBI leverage and feed on the ever growing appetite of Indian business and consumer. Plus, in an industry, here one is allowed to do business worth Rs.100 with just Rs.8 in the pocket, you need players, who can withstand crests and troughs of business cycle. And SBI, which just celebrated it’s bi-centenary celebrations, is a testimony of the resilience that bank craves. Like arch rival ICICI, SBI is building a war chest of funds. The bank plans to offload a part of the promoters’ holding by way of a Follow-on public issue in the current fiscal to fund credit growth and keep pace with technological upgradations. This one’s all about pure banking, no frills attached.
For Complete IIPM Article, Click on IIPM Article
t, sheer size of SBI’s operations, helps SBI leverage and feed on the ever growing appetite of Indian business and consumer. Plus, in an industry, here one is allowed to do business worth Rs.100 with just Rs.8 in the pocket, you need players, who can withstand crests and troughs of business cycle. And SBI, which just celebrated it’s bi-centenary celebrations, is a testimony of the resilience that bank craves. Like arch rival ICICI, SBI is building a war chest of funds. The bank plans to offload a part of the promoters’ holding by way of a Follow-on public issue in the current fiscal to fund credit growth and keep pace with technological upgradations. This one’s all about pure banking, no frills attached.For Complete IIPM Article, Click on IIPM Article
Source : IIPM Editorial, 2007
An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative
