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SBI FROM REUTERS - Set To Hire BoFA-ML, Deutsche, IIFL, JM Fin, Kotak, SBI Cap For Rs 15,000 Cr QIP SOURCES TO BTVI - RBI To Hold First In Series Of Meetings With Stakeholders

May Exceed Fisc Deficit Tgt: Bimal Jalan

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January 16: India's fiscal deficit has crossed 94% of the target. Bloomberg TV India asks Bimal Jalan, Former Governor, RBI, if Finance Minister P. Chidambaram will be able to meet his 4.8% fiscal deficit target. He points out that there is very little room left with government to cut revenue expenditure.