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Indian banks expect loan growth to revive but concerns linger

Finance

05 November, 2020

Indian banks expect loan growth to revive but concerns linger

Indian banks are loosening their purse strings and lending more as pent-up demand surfaces in the Indian festive season, though ......

SBI sees stronger credit growth after profit beats forecasts

Finance

04 November, 2020

SBI sees stronger credit growth after profit beats forecasts

State Bank of India, the country's largest lender by assets, on Wednesday forecast stronger annual credit growth and beat estimates ......

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India Inc's legal costs slip off FY19 perch; Sun Pharma retakes top spot

Finance

21 October, 2020

India Inc's legal costs slip off FY19 perch; Sun Pharma retakes top spot

India Inc’s legal expenses pace came down to a high single digit rate in 2019-20 from the fastest growth seen ......

Jet Airways lenders approve bid by Kalrock Capital consortium

Infrastructure

17 October, 2020

Jet Airways lenders approve bid by Kalrock Capital consortium

Lenders to Jet Airways (India) Ltd approved on Saturday a resolution plan to revive the airline that was grounded one-and-a-half ......

SBI's new chief says top priority to maintain loan book quality

Finance

08 October, 2020

SBI's new chief says top priority to maintain loan book quality

India's largest lender, State Bank of India's newly appointed chairman said that his focus areas as he takes over will ......

Govt appoints Dinesh Khara as chairman of State Bank of India

Finance

07 October, 2020

Govt appoints Dinesh Khara as chairman of State Bank of India

The Indian government on Tuesday appointed Dinesh Khara as chairman of the State Bank of India (SBI), the country's top ......

UTI AMC gets $87 mn from anchor investors as IPO crosses one-fourth mark

Finance

29 September, 2020

UTI AMC gets $87 mn from anchor investors as IPO crosses one-fourth mark

The initial public offering of UTI Asset Management Co Ltd, the country’s eighth-largest mutual fund house by assets under management, ......

Grapevine: Brookfield, SBI, HDFC to jointly set up asset reconstruction firm

General

23 September, 2020

Grapevine: Brookfield, SBI, HDFC to jointly set up asset reconstruction firm

Canada’s Brookfield, State Bank of India (SBI), and housing finance firm HDFC are joining hands to come up with a ......

Grapevine: Ex-Cognizant CEO raising PE fund in America; Acme Solar to sell projects

General

21 September, 2020

Grapevine: Ex-Cognizant CEO raising PE fund in America; Acme Solar to sell projects

Former Cognizant chief executive Francisco D’Souza is raising a $1 billion (Rs 7,335 crore) private equity fund in the US ......

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Company watch: Will coronavirus play spoilsport just as Perfios Software heats up?

TMT

18 September, 2020

Company watch: Will coronavirus play spoilsport just as Perfios Software heats up?

Perfios Software Solutions Pvt. Ltd’s topline over the past four financial years shows the firm has well harnessed the blooming ......