n18
VIDEO |Tamil
   |
videos

SBI says funded exposure of Rs 1100 cr to telecom sector

last updated on February 02, 2012 at 5:12 pm moneycontrol

In an interview to CNBC-TV18, Santosh Nair, Deputy Managing Director of SBI, "This is basically guarantees issued for the license; if the licenses are cancelled these guarantees will also stand cancelled. So the net fund based will be about Rs 1100 crore. Many of the companies probably will also get refund of the license money they have paid."

0 Like 0 Dislike
Content Missing | Report Abuse

Copyright Violation

Offensive or Abusive

Sexual or Pornography,

Hateful or Racism,

Violent or Repulsive

YOU MAY LIKE

01:09 27 May 2012 from FirstPost

Reebok execs named in Rs 870 cr fraud denied anticipatory bail

A trial court in Gurgaon today denied anticipatory bail to Subhinder Singh Prem and Vishnu Bhagat, the former managing director and chief operating officer of Reebok India respectively, the Business Standard reported.While the Gurgaon police argued...

11:48 27 May 2012 from FirstPost

Nokia 808 Pureview available for online pre-order at Rs 32,000

After a slew of speculation that the Nokia 808 Pureview hone would be available in India for Rs 29,000 it now turns out that it will cost Rs 32,000. Although Nokia has not confirmed that this is the price at which it will be selling its hotly...

11:09 27 May 2012 from IANS

Singapore keen to invest in Myanmar's hotel sector

Yangon, May 27 (IANS) Businessmen from Singapore are keen to invest in the hotel and tourism sector in Myanmar.A 15-member delegation of the International Enterprise Singapore Business Department Trip to Myanmar, led by Tan Soon Kin, group director...

N18 Msg

Disclaimer: Network18 Media & Investments Limited is proposing, subject to market conditions and other considerations, an offer of its equity shares on rights basis and has filed a Draft Letter of Offer with the Securities and Exchange Board of India. The Draft Letter of Offer is available on the website of SEBI at www.sebi.gov.in and the websites of the Lead Managers at www.icicisecurities.com and www.rbs.in. Investors should note that investment in equity shares involves a high degree of risk and are requested to refer to "Risk Factors" in the Draft Letter of Offer. The Equity Shares have not been and will not be registered under the US Securities Act of 1933, as amended (the "US Securities Act"), or any state securities laws in the United States and may not be offered or sold in the United States or to, or for the account or benefit of, "U.S. persons" (as defined in Regulation S under the US Securities Act) except in a transaction exempt from the registration requirements of the US Securities Act and in accordance with any applicable U.S. state securities laws.