BANKING & FINANCE Sector Updates

SBI, ICICI slash FY12 credit growth targets Not only RBI, government and rating agencies but also bankers are not too optimistic about credit growth this year. Bank See 18-20% growth for banking sector ahead: Chanda Kochhar
Chanda Kochhar, MD & CEO, ICICI Bank sees banking secto..    

. Interest rates pinching pockets? Experts at rescue
Informed investor has always focused on the macros, but.   

.. No 'clarity' but SBI sees rights issue through by March '12
In an exclusive interview with CNBC-TV18, Krishna Kumar...    

 ICICI Bank land in trouble due to 'devil may care' attitude
Irked by ICICI Bank's "callous and devil-may-care attit..   

. PE managers turn entrepreneurs, small-deal market an allure
It seems the small fish is eating the big fish in the p.    

.. Public debt mgmt body will compromise RBI efforts: Gopinath
The proposed separate public debt management agency wou..   

. NBFC shares tank on expected RBI provision norms
Shares of non-banking finance companies (NBFCs) fell 1-.     

.. SEBI vs Enam: SAT Keeps July 13 as final hearing in case
The Securities Appellate Tribunal (SAT) today kept July...   

 ICICI Bank agrees to refinance AI's loans worth Rs 5500cr
Air India is refinancing loans worth Rs 5,500 crore tha...