Diplomacy
Chinese Premier Li Keqiang seeks trust in India as border issue continues to irk
Chinese Premier Li Keqiang is seeking to build trust with India on his first foreign trip since taking office, which comes just a few weeks after a military standoff between the Asian giants on their ill-defined border in the Himalayan mountains. Full Article | Slideshow
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Govt likely to infuse $544 mln in FY13: SBI head
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People walk in front of a signboard displayed at the head office of State Bank of India in Mumbai November 9, 2009.
Credit: Reuters/Arko Datta/Files
NEW DELHI |
NEW DELHI (Reuters) - The government has indicated a capital infusion of 30 billion rupees into State Bank of India in the current fiscal year ending in March 2013, the bank's chairman said on Monday.
The infusion into the country's biggest bank will be done through a preferential allotment of shares, Pratip Chaudhury told reporters.
Capital infusion plans for the next financial year have not been finalised yet, Chaudhury added.
(Reporting by Arup Roychoudhury; Editing by Sunil Nair)
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