Markets Nosedive

A broker works while sitting in front of a screen displaying live stock quotes on the floor of a trading firm in Mumbai May 23, 2013. REUTERS/Vivek Prakash

Sensex loses 388 points, Nifty ends below 6,000 on Fed, China concerns

The Nifty posted its biggest percentage fall in a year on Thursday, as the prospect of an end to the U.S. stimulus programme and a weak China manufacturing survey sparked concerns foreign investors would end their recent buying spree.  Full Article 

  • Most Popular
  • Most Shared

REUTERS SHOWCASE

SBI Earnings

SBI Earnings

State Bank of India Q4 profit falls, shares drop.  Full Article | Related Story 

Chidambaram Speaks

Chidambaram Speaks

Chidambaram seeks to soothe investor nerves  Full Article 

Subsidy Compensation

Subsidy Compensation

Government to pay state-run fuel retailers $8.1 billion in Q4 oil subsidy.  Full Article 

Ranbaxy Loses Sheen

Ranbaxy Loses Sheen

Ranbaxy shares slump after Daiichi Sankyo says misled.  Full Article 

Bernanke Testimony

Bernanke Testimony

Bernanke says more progress needed before stimulus pullback.  Full Article 

Galaxy S4 Sales

Galaxy S4 Sales

Samsung says Galaxy S4 sales hit 10 million.  Full Article 

China Flash PMI

China Flash PMI

China factory activity shrinks for first time in seven months.  Full Article 

Lenovo Earnings

Lenovo Earnings

China's Lenovo buys and diversifies to outshine PC rivals.  Full Article 

Buy, Sell or Hold?

Buy, Sell or Hold?

Confused while buying stocks? Get buy, sell or hold recommendations from VantageTrade.  Full Coverage 

Reuters India Mobile

Reuters India Mobile

Get the latest news on the go. Visit Reuters India on your mobile device.  Full Coverage 

BASIS POINT-Two club US$40m SBI Osaka loan

Stocks

   

Fri Nov 23, 2012 12:26pm IST

HONG KONG, Nov 23 (Basis Point) - Bank of Taiwan Tokyo and Chinatrust Commercial Bank Tokyo have clubbed a US$40m one-year term loan for the Osaka branch of State Bank of India, according to sources.

BOT has provided US$30m and Chinatrust has committed US$10m, sources said. Sources said the margin is at around 140-150bp over three-month Libor. (Reporting by Sandra Tsui; Editing by Gavin Stafford)
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.