State Bank of India
Manufacturing
Suzlon Energy gets lenders' nod for debt resolution plan
Suzlon Energy Ltd, which last year disclosed a default of more than $1 billion, has received approval from its lenders ......
Economy
RBI slashes interest rates as coronavirus lockdown hits economy
The Reserve Bank of India on Friday slashed interest rates by 75 basis points in an emergency move to revive ......
Finance
Yes Bank plans to raise $666 mn more after govt bailout
Yes Bank Ltd has approved plans to raise up to Rs 5,000 crore ($666 million) to strengthen its capital base ......
Markets
Nifty, Sensex clock best day since 2009 on $2 trillion US stimulus package
Indian shares surged to their best single-day percentage gain in over a decade on Wednesday, as a massive stimulus in ......
Finance
Govt asks banks to provide liquidity support to companies
The Indian government has asked all state-owned lenders to extend emergency credit lines to corporate borrowers, three government and banking ......
General
Grapevine: Carlyle, Brookfield, Tilden Park Capital may eye Yes Bank
Troubled private sector lender Yes Bank may attract interest from a clutch of foreign investors as part of a massive ......
Markets
Sensex, Nifty tumble over 5% as virus fears linger
Indian shares skidded over 6% in the waning moments of trading on Wednesday, with financial stocks suffering the most, as ......
People
Salesforce hires former SBI chief Arundhati Bhattacharya as India CEO
U.S. cloud-based service provider Salesforce.com Inc has hired Arundhati Bhattacharya, one of India's best-known former bankers, as its India chief ......
Markets
Sensex, Nifty erase gains as coronavirus fears grip global markets
Indian shares gave up gains to slide more than 3% in the last hour of trade on Wednesday, in line ......
Finance
Carlyle-backed SBI Cards joins market rout as shares crack 13% on debut
SBI Cards & Payment Services Ltd, which saw a bumper turnout for its initial public offering earlier this month, slumped ......
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