State Bank of India
Infrastructure
Jet Airways approves lenders' rescue deal to plug $1.2 bn funding gap
The board of Jet Airways Ltd has approved a plan by its lenders to resolve a near 85 billion rupee ......
General
SBI General Insurance's JV partner to exit; TPG, Manipal Group eye stake in Medanta
Multinational insurer Insurance Australia Group is looking to sell its 26% stake in SBI General Insurance Company Ltd for around ......
Infrastructure
Are power sector lenders seeing light at the end of the stressed assets tunnel?
Until six months ago, the power sector was struggling to find buyers for stressed assets. Now, it is limping ahead ......
General
SBI may convert some Jet debt into equity; OYO eyes co-working firm Innov8
Central government-owned State Bank of India is in negotiations to convert a part of its loans to cash-strapped Jet Airways ......
Finance
Focusing on sale of NPAs rather than insolvency process: Dena Bank CEO
Dena Bank, one of the weakest public-sector lenders, has posted losses for three financial years in a row, and is ......
Finance
Running out of patience, more banks are putting bad loans on the block
Lenders including India’s largest bank are opting to sell their loan exposures to companies facing insolvency even as the country’s ......
General
Edelweiss, Altico in race for IL&FS PE; SBI finds few takers for Essar Steel loan
IL&FS Investment Managers Ltd, the private equity arm of Infrastructure Leasing & Financial Services Ltd, has received takeover interest from ......
Finance
SBI puts its entire loan exposure to debt-laden Essar Steel on the block
State Bank of India (SBI) has put its entire loan exposure to debt-laden Essar Steel Ltd worth Rs 15,431 crore ......
Infrastructure
Jet Airways defaults on debt payment to banks
Debt-laden Jet Airways Ltd has delayed the payment to a consortium of Indian banks, led by State Bank of India ......
Finance
Carlyle-GIC consortium eyes stake in SBI Life Insurance
US-based private equity giant The Carlyle Group will team up with Singapore’s sovereign wealth fund GIC to pick up a ......
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