SBI more valuable than Citibank???
"On Monday... the market capitalisation of Citigroup was Rs 57,328 crore as against Rs 66,449 crore of SBI (based on closing share price on Friday)..."
"US government had infused $45 billion in Citigroup under the troubled asset relief programme, besides extending $300 billion guarantee for assets. Against this, in the present financial crisis, SBI has emerged even stronger than earlier. Its deposits and assets base increased faster than that of the Indian banking industry."
"US government had infused $45 billion in Citigroup under the troubled asset relief programme, besides extending $300 billion guarantee for assets. Against this, in the present financial crisis, SBI has emerged even stronger than earlier. Its deposits and assets base increased faster than that of the Indian banking industry."
Labels: Company
posted by Sid.V at
9:37 PM
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