SBI
Finance
Carlyle scores high returns from swift India exit move
Private equity firm Carlyle Group, which kicked off the new year with a swift exit move appears to have firmly pressed on ......
People
SBI Capital Markets names SBI's former US head as MD & CEO
State Bank of India's subsidiary SBI Capital Markets has appointed the state-run lender’s former head of US operations, Virendra Bansal, ......
General
Grapevine: Sony, Zee to hold board meet for India merger; Nobel Hygiene looking to sell stake
Sony Group is set to convene a board meeting on Friday to deliberate on the $10-billion merger of its India ......
TMT
Ola Electric gets debt funding from SBI
Electric two-wheeler (2W) manufacturer Ola Electric has raised Rs 3,200 crore (around $384.4 million) in a mix of equity and ......
Infrastructure
Indian lenders step up fundraising via infrastructure bonds as spending rises
Indian lenders are rushing to raise funds via longer term infrastructure bonds amid an increase in federal government spending. Banks have ......
Finance
Mastercard names former SBI chair Rajnish Kumar as India chairman
Mastercard on Thursday named former State Bank of India Chair Rajnish Kumar as the chairman of its Indian unit, as ......
General
Grapevine: TVS shelves EV fundraising; SBI rejects NARCL offer for NPA portfolio
Two-wheeler maker TVS Motor Company Ltd has put its fundraising plans on the backburner, a media report said, citing multiple ......
Finance
SBI may cut further stake in Yes Bank at end of lock-in
State Bank of India may look to lower its stake in Yes Bank after a lock-in period ends on March ......
Infrastructure
Mt. K Kapital snags ₹350 cr from SBI, Rustomjee, others
Real estate-focused fund management firm Mt. K Kapital has secured ₹350 crore (about $43 million) from anchor investors State Bank ......
People
BharatPe appoints Nalin Negi as interim CEO; Suhail Sameer steps down
Fintech unicorn BharatPe on Tuesday said it has appointed current chief financial officer (CFO) Nalin Negi as the firm’s interim ......