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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
Tuesday, Jun 10
22:30 3-Year Note Auction 1 3.972% 3.824%
Wednesday, Jun 11
02:00 API Weekly Crude Oil Stock 1 -0.37M 0.70M -3.30M
04:15 Visitor Arrivals (YoY) 1 18.8% -8.4%
14:30 10-y Bond Auction 1 4.588% 4.673%
16:30 MBA Mortgage Applications 1 12.5% -3.9%
18:00 Consumer Price Index ex Food & Energy (MoM) 3 0.3% 0.2%
18:00 Consumer Price Index (YoY) 3 2.5% 2.3%
18:00 Consumer Price Index ex Food & Energy (YoY) 3 2.9% 2.8%
18:00 Consumer Price Index n.s.a (MoM) 1 320.795
18:00 Building Permits (MoM) 1 2.2% -4.1%
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