SBI raises $1 billion in offshore syndicated loan https://ifttt.com/images/no_image_card.png"The success of this transaction reflects the improvement in the bank's credit and business profile, which is the result of tremendous work put in by SBI as a team over the years," SBI Chairman Dinesh Khara said exclusively to ET.
Government's cash surplus tops Rs 3.4 lakh crore https://ift.tt/54P3HSG from the deceleration in government spending, higher direct tax collections and a likely sharp rise in issuances of Treasury Bills by the Centre in FY24 were factors pushing up the government's cash balances, analysts said. The flow of government cash balances to and from the banking system is a key factor that influences liquidity conditions.
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