Tuesday, April 22, 2008

Reserve hike will hit State Bank, ICICI most

(MUMBAI) State Bank of India and ICICI Bank Ltd, two of the nation's biggest banks, will be worst hit by the central bank's decision to increase the amount of cash they must hold with it, a Goldman Sachs Group Inc analyst said in a report.

Source: http://business-times.asiaone.com/mnt/html/btpre/registration/redirect.jsp?dlink=/sub/news/story/0,4574,275986,00.html?

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