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State Bank of India

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Carlyle scores high returns in swift India partial exit

Finance

15 February, 2024

Carlyle scores high returns in swift India partial exit

Private equity firm Carlyle Group, which kicked off last year with a control deal for VLCC, topped up its bet ......

Mastercard names former SBI chair Rajnish Kumar as India chairman

Finance

14 September, 2023

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 ......

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Grapevine: SBI selling stressed assets; Matrix may back stealth startup

General

08 August, 2023

Grapevine: SBI selling stressed assets; Matrix may back stealth startup

State Bank of India is looking to sell distressed loans of more than Rs 96,000 crore to asset reconstruction companies ......

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How the pecking order of i-banks changed in first half of 2023

Finance

06 July, 2023

How the pecking order of i-banks changed in first half of 2023

The investment banks' league table recorded substantial changes in the first half of 2023 with homegrown banks securing the top ......

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Grapevine: KKR eyes over $1-bn roads deal; Kedaara looks to sell Spandana Sphoorty

General

15 June, 2023

Grapevine: KKR eyes over $1-bn roads deal; Kedaara looks to sell Spandana Sphoorty

Private equity major KKR’s roads unit is in discussions to acquire a clutch of road assets from an Indian company ......

Y Combinator-backed Cashfree elevates two executives to drive growth

People

04 May, 2023

Y Combinator-backed Cashfree elevates two executives to drive growth

Payments and banking solutions provider Cashfree Payments has elevated two of its senior executives Arun Tikoo and Ramkumar Venkatesan in ......

Multiples PE marks first close of fourth fund at $640 mn

Finance

03 May, 2023

Multiples PE marks first close of fourth fund at $640 mn

Homegrown private equity firm Multiples Alternate Asset Management, or Multiples PE, has marked the first close of its fourth fund after collecting ......

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How the pecking order of I-banks changed dramatically in Q1

Finance

10 April, 2023

How the pecking order of I-banks changed dramatically in Q1

The list of top investments bankers in India by fees earned during the first quarter of 2023 changed dramatically although ......

How resilient are Indian lenders amid a global banking turmoil?

Finance

20 March, 2023

How resilient are Indian lenders amid a global banking turmoil?

Turbulence in the United States and the European banking sectors has prompted Indian policymakers to assure investors that the domestic ......

Adani sell-off extends; India's opposition lawmakers launch protests

Finance

06 February, 2023

Adani sell-off extends; India's opposition lawmakers launch protests

Lawmakers of India's main opposition party kicked off planned protests at some state-run companies on Monday over the crisis at ......