Senior executives from SBI, ex-RBI official among applicants
Successful candidates will be eligible for direct admission into the industry linked diploma programs
Will take latest GDP estimate of 5% for FY13 into account while making next policy: Subbarao
Infusion of capital will be in the form of equity
It may be noted, the bank is in the process of raising around Rs 325-330 crore through the preferential issue route from five to six investors
Need to conserve profits to strengthen the capital base is driving the effort
Deal is in line with Kotak’s strategy to add value to its existing business lines
Has provided personal accident cover to over 7 mn SBI account holders across India
Extends losses for fifth straight session on sustained dollar demand by importers
RBI governor says though inflation has peaked, it is still above central bank’s comfort zone