MP changes financial year to January-December from next fiscal

Newsroom24x7 Staff Bhopal: The Madhya Pradesh Cabinet chaired by Chief Minister Shivraj Singh Chouhan today decided to change the Government’s financial year to January-December from the next fiscal. The chief minister also addressed a high level meeting at Mantralaya here today. The meeting was held to ascertain annual targets of different departments. Ministers of all… Read More MP changes financial year to January-December from next fiscal

SBI’s core capitalisation to improve in the financial year ending-March 2017

Newsroom24x7 Staff Singapore/Mumbai: Fitch Ratings expects SBI’s core capitalisation to improve in the financial year ending-March 2017 (FY17), from a core equity Tier 1 ratio of 10.3% at end-September 2016. SBI is likely to receive around USD835 million in new capital from the government shortly (of the total USD1.1 billion earmarked for FY17; around 5%… Read More SBI’s core capitalisation to improve in the financial year ending-March 2017