State Bank of India

Govt asks banks to provide liquidity support to companies

Finance

23 March, 2020

Govt asks banks to provide liquidity support to companies

The Indian government has asked all state-owned lenders to extend emergency credit lines to corporate borrowers, three government...

General

23 March, 2020

Grapevine: Carlyle, Brookfield, Tilden Park Capital may eye Yes Bank

Troubled private sector lender Yes Bank may attract interest from a clutch of foreign investors as part of a massive ......

Markets

18 March, 2020

Sensex, Nifty tumble over 5% as virus fears linger

Indian shares erased early gains to sink lower on Wednesday, with heavy losses in financial stocks, as fears of the ......

People

17 March, 2020

Salesforce hires former SBI chief Arundhati Bhattacharya as India CEO

U.S. cloud-based service provider Salesforce.com Inc has hired Arundhati Bhattacharya, one of India's best-known former bankers,...

Markets

17 March, 2020

Sensex, Nifty erase gains as coronavirus fears grip global markets

Indian shares gave up gains to slide more than 3% in the last hour of trade on Wednesday, in line ......

Finance

16 March, 2020

Carlyle-backed SBI Cards joins market rout as shares crack 13% on debut

SBI Cards & Payment Services Ltd, which saw a bumper turnout for its initial public offering earlier this month, slumped ......

Finance

16 March, 2020

Crisis-hit Yes Bank plunges into $2.5 bn quarterly loss

Troubled Indian lender Yes Bank reported a wider-than-expected quarterly loss of 185.6 billion rupees ($2.5 billion), and said...

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...

Premium

Finance

13 March, 2020

Yes Bank debacle: How healthy are smaller private-sector banks?

The Reserve Bank of India’s takeover of Yes Bank has heightened concerns about the health of other private-sector lenders,...

General

13 March, 2020

Grapevine: 4 banks, others to Yes Bank rescue; Walmart India insider to be CEO

State Bank of India or SBI will be joined by private-sector lenders ICICI Bank, HDFC Bank, Axis Bank and Kotak ......

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