SBI
Finance
Bad bank starts operations, banks to transfer $6.6 bn NPAs by March
National Asset Reconstruction Company Ltd (NARCL), a government created entity to tackle bad loan problem in India, is set to...
Consumer
Fresh bids for Videocon Industries by Feb 2 after Vedanta Group's bid rejected
State Bank of India (SBI)-led consortium of lenders of have invited fresh expressions of interest (EoIs) for debt-ridden Videocon...
Markets
SBI MF to soon meet investment banks for IPO mandate
SBI Funds Management Ltd (SBI MF), the asset management joint venture between State Bank of India and France’s Amundi, will...
Consumer
NCLAT revokes Vedanta unit's plan for Videocon Group, lenders may restart bidding process
A higher bankruptcy court on Wednesday set aside the National Company Law Tribunal (NCLT) order on Videocon Industries Ltd, allowing...
TMT
State Bank of India invests $20 mn in payment solutions provider Pine Labs
Payment solutions provider Pine Labs Pvt Ltd, which is headed for a US listing, said on Tuesday it has raised ......
Finance
PE exits hit 5-year low as investors caution over valuations: IIFL-VCCEdge report
Private equity (PE) exits hit a five-year low with deal volume and value falling 18%, led by a dip in ......
Finance
SBI picks up minority stake in Apollo-backed JSW Cement
India’s largest lender, the State Bank of India (SBI), has invested Rs 100 crore in JSW Cement, a part of the ......
Finance
SBI may offload 6% stake in its asset management arm via IPO
State Bank of India, India's largest and biggest public sector lender, on Wednesday said it will explore possibilities to...
Finance
SBI puts Rs 4,000 cr loan exposure in KSK Mahanadi up for sale
State Bank of India, the country’s largest public sector lender, has put loans worth Rs 4101.87 crore ($547 million) in...
Finance
Distressed steel investor Nithia Capital set to buy North-based steel firm for Rs 316 cr
A UK-based distressed steel investor consortium, led by Nithia Capital Resources LLP (Nithia), has received approval from an insolvency...
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