State Bank of India

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Finance

29 December, 2020

Flashback 2020: RBI gets into rescue mode as banks, non-banks tide over tough year

In early March, three weeks before most of India went into a lockdown to fight the coronavirus pandemic, the Reserve ......

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Finance

18 December, 2020

SBI-backed Neev Fund tops up first private equity vehicle

Private equity investor Neev Fund, floated by State Bank of India in partnership with the UK’s Department for International Development, ......

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Finance

20 November, 2020

Yes Bank CEO on tackling NPAs, reviving loan growth and more

On March 5, Prashant Kumar, then the finance chief of State Bank of India, was tasked with leading troubled lender ......

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Finance

13 November, 2020

Neev Fund inches closer to making first close of new PE vehicle

Private equity investor Neev Fund is looking to make the first close of its second investment vehicle within two months, ......

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Finance

13 November, 2020

India Inc reins in FY20 ad costs even as some ramp up in pre-Covid days

Corporate India curbed advertising expenses for 2019-20 even before the slowing economy took a turn for the worse at the ......

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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 ......

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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 ......

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Finance

26 August, 2020

Oman India PE fund hits final close of second fund after long slog

Mid-market private equity firm Oman India Joint Investment Fund (OIJIF) has made a final close of its second fund, more ......

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Finance

25 August, 2020

SBI gets new head to wrestle down bad loans worth $17.5 bn

India’s largest lender State Bank of India (SBI) has appointed a new managing director (MD) to manage down gross non-performing ......

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Manufacturing

21 August, 2020

Shree Renuka Sugars makes final stab at debt, hopes to shake off NPA image at last

Shree Renuka Sugars, one of the top three sugar makers in India that has been working to shed its non-performing ......