State Bank of India
Markets
Nifty, Sensex record second straight weekly gain
Indian shares closed higher on Friday, led by gains in financials, with the State Bank of India surging 8% after ......
Finance
Lenders seek RBI nod to recast over $40 bn potential NPAs
Lenders have sought permission from the Reserve Bank of India (RBI) to restructure loans worth Rs 3 trillion ($40 billion) ......
Finance
State Bank of India's alternative assets arm gets new chief executive
A senior executive from the country's largest lender State Bank of India will head its step-down unit, SBICAP Ventures Ltd, ......
General
Jet Airways lenders make fourth attempt to sell grounded carrier
Lenders to Jet Airways (India) Ltd have decided to invite fresh bids from potential investors in their fourth attempt to ......
Finance
Banks weigh Sashakt panel-proposed fund to turn around stressed assets
Indian banks have revived discussions on setting up an asset management company and an alternative investment fund of around Rs ......
Markets
Sensex, Nifty rise on Reliance Industries boost, but end week sharply lower
Gains in Reliance Industries boosted Indian shares on Friday, but they ended the week sharply lower as coronavirus cases continued ......
Finance
Carlyle-backed PNB Housing appoints SBI veteran as interim CEO
PNB Housing Finance Ltd said on Tuesday it has appointed Neeraj Vyas as its interim managing director and chief executive ......
Finance
Three lenders trim stake in Yes Bank within two weeks of investment
Three private-sector banks, which had pitched in to save Yes Bank from the brim of a collapse last month, have ......
Finance
Bank mergers keep financial sector in focus but PE deals slip again in Jan-March
India’s banking, financial services and insurance (BFSI) sector recorded seven big mergers in the first quarter of 2020 but private ......
Healthcare
Dhanuka Laboratories takes over Orchid Pharma under insolvency plan
Dhanuka Laboratories Ltd has taken over Orchid Pharma Ltd as per an insolvency resolution plan that was approved by courts ......