State Bank of India
Finance
Carlyle-backed PNB Housing taps another SBI veteran to be CEO
PNB Housing Finance Ltd, which is part-owned by private equity firm Carlyle, has appointed a former head of SBI Cards ......
Finance
Not right to drag all distressed companies into insolvency: SBI MD
Indian banks and financial regulators should look for solutions outside the bankruptcy law to deal with stressed assets that will ......
Finance
Warburg Pincus-backed SBI General Insurance gets new CEO
SBI General Insurance Company Ltd, which counts private equity firm Warburg Pincus as an investor, has elevated its deputy chief ......
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 ......
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, ......
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 ......
Finance
Yes Bank debacle: How healthy are smaller private-sector banks?
The Reserve Bank of India’s takeover of Yes Bank has heightened concerns about the health of other private-sector lenders, especially ......
TMT
Top-funded Indian startups' ad & marketing spends more than doubled to $1.35 bn
Backed with venture money, India’s best-funded startups went aggressive in attracting and retaining customers -- so much so that a ......
Manufacturing
JSW's Sajjan Jindal eyes another stressed assets target, set to buy steel firm
Billionaire Sajjan Jindal-owned JSW Projects Ltd is close to sealing a deal for a majority stake in a distressed steelmaker, ......
Finance
Yes Bank: Sweet bet for several PE firms before WestBridge's contrarian play went bust
‘Never catch a falling knife’ is a colloquial term widely and frequently used in the investment world when the price ......
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