SBI
Finance
Strong start for LIC on day 1 of IPO
The subscription for India’s biggest initial public offer ever - of Life Insurance Corp of India - witnessed a strong ......
Finance
Indifi ropes in ex-SBI chairman Rajnish Kumar as adviser
Small business-focused digital lender Indifi Technologies Thursday appointed former SBI chairman Rajnish Kumar as an adviser for the company’s growth ......
Finance
India probes debt trustee units of SBI, Axis, IDBI on suspected fee cartel - Reuters Excl
India's antitrust body is investigating the trustee units of State Bank of India, Axis Bank and IDBI Bank for suspected ......
Economy
India's top lender stops handling trade with sanctioned Russian entities - sources
India's top lender will not process any transactions involving Russian entities subject to international sanctions imposed on Russia after its ......
Consumer
ADIA, GIC among anchor investors in Vedant Fashions Limited
Ethnic wear brand Manyavar’s parent Vedant Fashion has raised Rs 944.76 crore from 75 anchor investors including sovereign funds Abu ......
Finance
Bad bank starts operations, banks to transfer $6.6 bn NPAs by March
National Asset Reconstruction Company Ltd (NARCL), a government created entity to tackle bad loan problem in India, is set to ......
Consumer
Fresh bids for Videocon Industries by Feb 2 after Vedanta Group's bid rejected
State Bank of India (SBI)-led consortium of lenders of have invited fresh expressions of interest (EoIs) for debt-ridden Videocon Industries ......
Markets
SBI MF to soon meet investment banks for IPO mandate
SBI Funds Management Ltd (SBI MF), the asset management joint venture between State Bank of India and France’s Amundi, will ......
Consumer
NCLAT revokes Vedanta unit's plan for Videocon Group, lenders may restart bidding process
A higher bankruptcy court on Wednesday set aside the National Company Law Tribunal (NCLT) order on Videocon Industries Ltd, allowing ......
TMT
State Bank of India invests $20 mn in payment solutions provider Pine Labs
Payment solutions provider Pine Labs Pvt Ltd, which is headed for a US listing, said on Tuesday it has raised ......