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Wednesday, May 26, 2010

SBI raises Rs 5 bn via CDs: Sources

State Bank of India, the country's largest lender, raised Rs 5 billion through issuance of a three-month certificate of deposit at 5.40 percent, three sources with direct knowledge told on Wednesday.

"The money was raised to give it to one of the subsidiaries, which is not a bank, due to some mismatches," one source said.
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Economic Event Calendar

GMT+5:30 Event Vol. Actual Consensus Previous
Friday, Jun 20
18:00 Fed's Waller speech 2
18:00 Raw Material Price Index 1 -0.4% -0.8% -3.3% Revised from -3.0%
18:00 Industrial Product Price (MoM) 1 -0.5% 0.0% -0.8%
n/a Fed Monetary Policy Report 2
22:30 Baker Hughes US Oil Rig Count 1 438 439
Sunday, Jun 22
22:45 Fed's Daly speech 2
Monday, Jun 23
04:30 S&P Global Services PMI 2 50.6
04:30 S&P Global Manufacturing PMI 2 51
04:30 S&P Global Composite PMI 2 50.5
12:30 Fed's Waller speech 2
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