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Tuesday, April 13, 2010

SBI not seeking govt funds: Finmin official

State Bank of India has not sought funds from the government and is looking at alternative options to raise capital, R. Gopalan, secretary for financial services in the finance ministry, said on Tuesday.

India plans to infuse capital into some state-run banks to aid their growth.
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Economic Event Calendar

GMT+5:30 Event Vol. Actual Consensus Previous
Wednesday, Apr 16
11:30 Consumer Price Index (MoM) 3 0.3% 0.4% 0.4%
11:30 Consumer Price Index (YoY) 3 2.6% 2.7% 2.8%
11:30 Retail Price Index (YoY) 2 3.2% 3.2% 3.4%
11:30 Retail Price Index (MoM) 2 0.3% 0.0% 0.6%
14:00 DCLG House Price Index (YoY) 1 5.4% 5.1% 4.8% Revised from 4.9%
16:30 MBA Mortgage Applications 1 20%
17:30 BoE Quarterly Bulletin 1
18:00 Retail Sales Control Group 3 1%
18:00 Retail Sales ex Autos (MoM) 2 0.3% 0.3%
18:00 Retail Sales (MoM) 3 1.3% 0.2%
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