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SBI may cut further stake in Yes Bank at end of lock-in

Finance

02 March, 2023

SBI may cut further stake in Yes Bank at end of lock-in

State Bank of India may look to lower its stake in Yes Bank after a lock-in period ends on March ......

 Mt. K Kapital snags ₹350 cr from SBI, Rustomjee, others

Infrastructure

16 January, 2023

Mt. K Kapital snags ₹350 cr from SBI, Rustomjee, others

Real estate-focused fund management firm Mt. K Kapital has secured ₹350 crore (about $43 million) from anchor investors State Bank ......

BharatPe appoints Nalin Negi as interim CEO; Suhail Sameer steps down

People

03 January, 2023

BharatPe appoints Nalin Negi as interim CEO; Suhail Sameer steps down

Fintech unicorn BharatPe on Tuesday said it has appointed current chief financial officer (CFO) Nalin Negi as the firm’s interim ......

Shamsher Singh elevated as MD, CEO of SBI Funds

Finance

23 December, 2022

Shamsher Singh elevated as MD, CEO of SBI Funds

Asset management company SBI Funds Management Ltd (SBIFML), announced the elevation of Shamsher Singh as managing director and chief executive ......

Yes Bank board approves fund raising from Advent, Carlyle

Finance

29 July, 2022

Yes Bank board approves fund raising from Advent, Carlyle

Private sector lender Yes Bank considered and approved proposals for private equity investment at its board meeting held on Friday. ......

SBICAP Ventures to set up fund for SME investment

Manufacturing

12 July, 2022

SBICAP Ventures to set up fund for SME investment

SBICAP Ventures Ltd (SVL), a subsidiary of country’s largest lender State Bank of India (SBI), will establish the Trilateral Development ......

NSDL initiates talks with investment banks for IPO

Finance

22 June, 2022

NSDL initiates talks with investment banks for IPO

National Securities Depository Ltd (NSDL), India’s first and biggest depository services company, has initiated talks with investment banks for an ......

Some respite for bulls as indices end at 3-week high

Finance

21 June, 2022

Some respite for bulls as indices end at 3-week high

Markets posted their best session in three weeks on Tuesday, lifted by sharp gains in metal and technology stocks as ......

Indices pare mid-day losses, end higher

Finance

26 May, 2022

Indices pare mid-day losses, end higher

Markets bucked broader market weakness to end higher on Thursday as investors picked up beaten-down financial and metal stocks after three ......

Markets give up mid-session gains to end lower for sixth straight day

Finance

13 May, 2022

Markets give up mid-session gains to end lower for sixth straight day

Markets ended lower for a sixth straight session on Friday, reversing from earlier gains as poor earnings from top lender ......