State Bank of India

Why the govt's lending push could come back to bite the banking sector

Finance

05 December, 2019

Why the govt's lending push could come back to bite the banking sector

Deen Dyal, who runs a tea stall on the outskirts of New Delhi, was beaming when he walked out of ......

Finance

04 December, 2019

SBI to trim stake in UTI Mutual Fund via IPO

Top lender State Bank of India on Wednesday approved the sale of an up to 8.25% stake in mutual fund ......

Markets

27 November, 2019

Sensex, Nifty rise as US-China trade hopes boost sentiment

Indian shares ended higher on Wednesday tracking global equity markets, as upbeat comments by US President Donald Trump that Washington...

Manufacturing

15 November, 2019

Supreme Court clears decks for ArcelorMittal to buy Essar Steel

The Supreme Court has cleared the decks for global steel giant ArcelorMittal SA’s Rs 42,000 crore ($5.85 billion) acquisition of ......

General

14 November, 2019

Grapevine: Investec eyes SBI Caps stake; SoftBank sets 5-year IPO deadline for Paytm

The local unit of South African financial services group Investec is leading the race to buy a stake in State ......

General

11 November, 2019

Grapevine: Hero Corp may buy into Max Financial; Tencent picks up Policybazaar stake

Sunil Kant Munjal’s Hero Corp is looking to buy a significant minority stake from Analjit Singh in Max Financial Services...

Infrastructure

07 November, 2019

Govt approves $1.4 bn for fund to help stalled housing projects

India’s cabinet has approved 100 billion rupees ($1.4 billion) for a fund to help clear stalled housing projects, Finance...

Finance

06 November, 2019

CBI registers 42 new bank fraud cases totalling $1 bn

India’s federal police said on Tuesday that they had registered 42 new cases of bank fraud amounting to about 72 ......

Premium

Finance

04 November, 2019

Why banks are slowing bad-loan sales to asset reconstruction companies

Indian banks have slowed the pace of selling bad loans to asset reconstruction companies (ARCs), as they work on other ......

Markets

25 October, 2019

Nifty, Sensex close lower for the week

Indian shares eked out minor gains on Friday ahead of a local holiday, as a rally in State Bank of ......

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