SBI
Finance
Flashback 2020: Virus manages to shoo away almost everyone from stressed assets
The distressed assets market was still going through teething problems from the four-year bankruptcy law when the Covid-19 pandemic...
Manufacturing
ARC prepares to swoop in on steel firm even as lenders near one-time settlement
A top asset reconstruction company (ARC) is circling a steel maker even as lenders near a one-time settlement (OTS) with ......
Finance
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 ......
Finance
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...
Finance
Banks scramble to beef up defences as coronavirus threatens to sour loan books
Banks across the nation are raising or proposing to raise at least Rs 1.4 trillion ($19 billion) as the industry ......
General
Coronavirus disruption pulls down M&A volumes to eight-year low in Jan-March
The volume of mergers and acquisitions (M&As) for Indian corporates declined to the lowest level in eight years in the ......
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...
Manufacturing
Kotak's stressed assets fund inks debut deal
The distressed assets fund of Kotak Investment Advisors has marked its debut deal, an executive told VCCircle, with a transaction...
Finance
State Bank of India gears up for IPO of PE-backed general insurance unit
State Bank of India (SBI) is preparing to list its general insurance arm on stock exchanges next fiscal year and ......
Finance
PE fund, top family office to pick up stake in SBI General Insurance
State Bank of India (SBI), the country's top lender, said on Wednesday its board approved a plan to divest 4 ......
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