Pay hikes to boost retail loan growth by 17-20%: SBI VG Kannan, Managing Director, SBI 30 th June 2016; CNBC-TV18 · Discussing the stressed asset situation, Kannan told CNBC-TV18 that the worst is probably over. However, it does not mean that all bad news is done for. With monsoon playing well and implementation of 7th Pay Commission, growth trajectory is coming back in the economy, he says. Pay hikes will boost retail consumption and housing sector both. Kannan expects SBI's retail growth to be in the range of 17-20 percent on back of pay hikes. While there is also a possibility of a jump in inflation, it will not be substantial. · SBI has always been raising this foreign country funds overseas at regular intervals. We are raising from half a billion to USD 1.5 billion over the last so many years and this is one of the regular fund raising activities to enable our foreign offices to fund the assets. The exact timing will
Kotak Select Focus Fund - Regular Plan (G) Five Year Performance Investment Amount `1000/- month (SIP) 2011 2012 Month Nav Unit Month Nav Unit Jan Jan 10.48 95.45 Feb Feb 11.47 87.15 Mar Mar 11.02 90.74 Apr Apr 11.28 88.65 May May 10.44 95.80 Jun Jun 10.93 91.48 Jul 11.83 84.55 Jul 11.22 89.16 Aug 11.07 90.30 Aug 11.63 85.98 Sep 10.65 93.94 Sep 12.02 83.19 Oct 10.76 92.90 Oct 12.34 81.02 Nov 10.15 98.57 Nov 12.36 80.92 Dec 10.15 98.56 Dec 13.10 76.31 Total A 558.83 Total B 1045.87 2013 2014 Month
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