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Prashant Kumar

Bourse-bound Netcore invests $100 mn for a majority stake in Unbxd

TMT

24 March, 2022

Bourse-bound Netcore invests $100 mn for a majority stake in Unbxd

Software-as-a-service (SaaS) platform Netcore Cloud said it has picked up a majority stake in US-based product discovery platform Unbxd Inc ......

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

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 ......

Cabinet clears Yes Bank rescue plan; ICICI, Axis, Kotak, HDFC to pitch in

Finance

13 March, 2020

Cabinet clears Yes Bank rescue plan; ICICI, Axis, Kotak, HDFC to pitch in

The Union Cabinet has approved a reconstruction plan for Yes Bank, finance minister Nirmala Sitharaman said on Friday, as the ......

SBI board okays $975 mn investment in moratorium-hit Yes Bank

Finance

12 March, 2020

SBI board okays $975 mn investment in moratorium-hit Yes Bank

State Bank of India’s board has approved an investment of Rs 7,250 crore ($975 million) in cash-starved private sector lender ......

SBI may take up to 49% stake in Yes Bank under RBI bailout plan

Finance

06 March, 2020

SBI may take up to 49% stake in Yes Bank under RBI bailout plan

The Reserve Bank of India (RBI) has outlined a scheme to revive Yes Bank that proposes State Bank of India ......

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KKR elevates two India executives as managing directors

Finance

06 December, 2019

KKR elevates two India executives as managing directors

Global alternative asset manager KKR & Co has promoted two India executives that it had hired just last year as ......

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SBI CFO Prashant Kumar on bank consolidation, progress on stressed assets and more

Finance

29 July, 2019

SBI CFO Prashant Kumar on bank consolidation, progress on stressed assets and more

State Bank of India (SBI) is leading many fights against top corporate defaulters, including Essar Steel, under the Insolvency and ......

PE firm ChrysCapital marks final close of seventh fund

General

21 February, 2017

PE firm ChrysCapital marks final close of seventh fund

Home-grown private equity firm ChrysCapital Management Co has overshot its $600 million target for its seventh fund despite a ‘tough’ ......