State Bank of India
Infrastructure
Govt's real estate fund to revive housing projects hits first close
An alternative investment fund the central government launched last month to revive stalled housing projects has hit its first close ......
Finance
How RBI's new norms for ARCs may affect the bad-loan market
The Reserve Bank of India’s tightening of norms for asset reconstruction companies (ARCs) to buy bad loans may lead to ......
General
Grapevine: RIL in talks with banks for Alok Industries; Temasek may invest in Licious
Reliance Industries Ltd (RIL) is in negotiations with State Bank of India (SBI), HDFC Bank and ICICI Bank to fund ......
Finance
Carlyle set to make best-ever India returns from partial exit in SBI Cards
Private equity firm Carlyle Group is all set to record its best-ever performance from its India portfolio by paring its ......
Finance
Why the govt's lending push could come back to bite the banking sector
Deen Dyal, who runs a tea stall on the outskirts of New Delhi, was beaming when he walked out of ......
Finance
SBI to trim stake in UTI Mutual Fund via IPO
Top lender State Bank of India on Wednesday approved the sale of an up to 8.25% stake in mutual fund ......
Markets
Sensex, Nifty rise as US-China trade hopes boost sentiment
Indian shares ended higher on Wednesday tracking global equity markets, as upbeat comments by US President Donald Trump that Washington ......
Manufacturing
Supreme Court clears decks for ArcelorMittal to buy Essar Steel
The Supreme Court has cleared the way for global steel giant ArcelorMittal SA’s Rs 42,000 crore ($5.85 billion) acquisition of ......
General
Grapevine: Investec eyes SBI Caps stake; SoftBank sets 5-year IPO deadline for Paytm
The local unit of South African financial services group Investec is leading the race to buy a stake in State ......
General
Grapevine: Hero Corp may buy into Max Financial; Tencent picks up Policybazaar stake
Sunil Kant Munjal’s Hero Corp is looking to buy a significant minority stake from Analjit Singh in Max Financial Services ......
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