State Bank of India
Finance
State Bank of India veteran to take over as SBI Card CEO
SBI Cards & Payments Services Ltd has appointed Ashwini Kumar Tewari as its managing director and chief executive officer, India’s ......
Manufacturing
Once-iconic textile firm enters bankruptcy to weave its way out of crisis
A textile company that owns a once-iconic saree brand is the latest to enter bankruptcy proceedings after a Mumbai-based asset ......
Markets
Nifty, Sensex rise as Reliance rallies; inflation data awaited
Indian shares ended higher on Monday, led by a rally in Reliance Industries, ahead of June's inflation data which investors ......
Finance
PNB reports $491 mn Dewan Housing loans as fraud
Punjab National Bank said on Thursday it had reported loans made to Dewan Housing Finance Corporation Ltd worth 36.89 billion ......
Finance
SBI, Investec to form JV for institutional equities broking
State Bank of India, the nation’s biggest lender, is forming a joint venture with the local arm of South African ......
Finance
SBI to invest $235 mn more in Yes Bank
State Bank of India’s executive committee has approved a further investment of up to Rs 1,760 crore (about $234.8 million) ......
General
Grapevine: Byju's eyes WhiteHat Jr; SoftBank to exit SBG Cleantech
Learning app Byju’s has expressed its interest to acquire WhiteHat Jr, a new startup focusing on coding for school students ......
Markets
Sensex, Nifty settle lower on India-China tensions, rise in virus cases
Indian shares ended a choppy session lower on Wednesday due to escalating border tensions with China and a spike in ......
Markets
Sensex, Nifty down 2% on delayed telecoms ruling, dour Fed outlook
Indian shares closed down over 2% on Thursday, led by bank stocks, after the country's top court extended a hearing ......
General
Grapevine: Yes Bank to raise $1.3 bn; Axis Mutual Fund, 2 others lead race for L&T MF
Yes Bank, which was recently rescued by a consortium led by the State Bank of India (SBI), plans to soon ......
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