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State Bank of India

SBI may convert some Jet debt into equity; OYO eyes co-working firm Innov8

General

30 January, 2019

SBI may convert some Jet debt into equity; OYO eyes co-working firm Innov8

Central government-owned State Bank of India is in negotiations to convert a part of its loans to cash-strapped Jet Airways ......

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Focusing on sale of NPAs rather than insolvency process: Dena Bank CEO

Finance

30 January, 2019

Focusing on sale of NPAs rather than insolvency process: Dena Bank CEO

Dena Bank, one of the weakest public-sector lenders, has posted losses for three financial years in a row, and is ......

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Running out of patience, more banks are putting bad loans on the block

Finance

28 January, 2019

Running out of patience, more banks are putting bad loans on the block

Lenders including India’s largest bank are opting to sell their loan exposures to companies facing insolvency even as the...

Edelweiss, Altico in race for IL&FS PE; SBI finds few takers for Essar Steel loan

General

23 January, 2019

Edelweiss, Altico in race for IL&FS PE; SBI finds few takers for Essar Steel loan

IL&FS Investment Managers Ltd, the private equity arm of Infrastructure Leasing & Financial Services Ltd, has received...

SBI puts its entire loan exposure to debt-laden Essar Steel on the block

Finance

16 January, 2019

SBI puts its entire loan exposure to debt-laden Essar Steel on the block

State Bank of India (SBI) has put its entire loan exposure to debt-laden Essar Steel Ltd worth Rs 15,431 crore ......

Jet Airways defaults on debt payment to banks

Infrastructure

02 January, 2019

Jet Airways defaults on debt payment to banks

Debt-laden Jet Airways Ltd has delayed the payment to a consortium of Indian banks, led by State Bank of India ......

Carlyle-GIC consortium eyes stake in SBI Life Insurance

Finance

27 December, 2018

Carlyle-GIC consortium eyes stake in SBI Life Insurance

US-based private equity giant The Carlyle Group will team up with Singapore’s sovereign wealth fund GIC to pick up a ......

SBI, Axis Bank, IndusInd lead race for two IL&FS arms; Mapletree eyes logistics

General

12 December, 2018

SBI, Axis Bank, IndusInd lead race for two IL&FS arms; Mapletree eyes logistics

Bidders State Bank of India, Axis Bank and IndusInd Bank are leading the race for the twin capital market arms ......

Neev Fund backs Singapore waste management company Blue Planet

Infrastructure

27 November, 2018

Neev Fund backs Singapore waste management company Blue Planet

Private equity firm Neev Fund, which is backed by State Bank of India and the UK’s Department for International Development,...

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SBICAP Ventures reduces size of thematic PE funds

Finance

19 November, 2018

SBICAP Ventures reduces size of thematic PE funds

SBICAP Ventures Ltd, which had earlier this year revealed plans to launch two thematic private equity funds with a combined ......

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