The Indian government is trying hard to bring down the interest rates in order to counter the economic slowdown. Indian finance minister, Mr. P. Chidambaram, met with heads of private as well as PSU banks and advised them to lower lending rates. Expectedly, several public sector lenders were first to follow the advise. SBI have […]
Tag: Citibank
Citi arm takes 40% in BPTP
April 9, 2008 – 2:35 am
New Delhi :- Property investment division of Citibank has invested one hundred sixty million dollar in real estate major BPTP. earlier Citibank Property Investment (CPI) had invested eighty million dollar in the company to take 5.89 per cent stake. The hottest investment will be made in a special purpose vehicle (SPV) of BPTP, which is […]
Influence of American Youth On Indian Youth
February 12, 2008 – 12:38 am
When you were in India in the last summer, according to you what changes in the economy were the most profound. What is your opinion about the overall standard of living? The biggest change was the level of investments going on. Families that were traditional in their thinking had changed their mindset; they must invest […]
