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  SBI to offload up to Rs. 4,000 crore bad loans to asset reconstruction companies

  Apr 06, 2014, 04:45 PM IST

  Kolkata: India's largest banker SBI is selling off its non-performing assets (NPA) of around Rs. 3,500-4,000 crore for the financial year 2013-14 to asset reconstruction companies (ARC).“We are selling NPA between Rs. 3,500-4,000 crore of

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  Mutual funds on selling spree; offload Rs 10,000 cr of shares

  Mar 09, 2014, 06:40 PM IST

  New Delhi:  Mutual funds sold shares worth over Rs 10,000 crore during the first 11 months of the current financial year on continued redemption pressure.In contrast, they pumped in a staggering Rs 4.43 lakh crore