State Bank of India
Finance
Flashback 2020: RBI gets into rescue mode as banks, non-banks tide over tough year
In early March, three weeks before most of India went into a lockdown to fight the coronavirus pandemic, the Reserve ......
Finance
SBI-backed Neev Fund tops up first private equity vehicle
Private equity investor Neev Fund, floated by State Bank of India in partnership with the UK’s Department for International Development, ......
Finance
Yes Bank CEO on tackling NPAs, reviving loan growth and more
On March 5, Prashant Kumar, then the finance chief of State Bank of India, was tasked with leading troubled lender ......
Markets
Sensex, Nifty hit new record; Lakshmi Vilas Bank sinks 20%
Indian shares reversed course to close at a record high on Wednesday, as a rally in automotive and banking shares ......
Finance
Neev Fund inches closer to making first close of new PE vehicle
Private equity investor Neev Fund is looking to make the first close of its second investment vehicle within two months, ......
Finance
India Inc reins in FY20 ad costs even as some ramp up in pre-Covid days
Corporate India curbed advertising expenses for 2019-20 even before the slowing economy took a turn for the worse at the ......
TMT
WhatsApp starts payments service in challenge to Paytm, PhonePe
Facebook Inc’s WhatsApp will start its payments service in India on Friday, the messaging app said in a blog post, ......
Finance
Indian banks expect loan growth to revive but concerns linger
Indian banks are loosening their purse strings and lending more as pent-up demand surfaces in the Indian festive season, though ......
Finance
SBI sees stronger credit growth after profit beats forecasts
State Bank of India, the country's largest lender by assets, on Wednesday forecast stronger annual credit growth and beat estimates ......
Finance
India Inc's legal costs slip off FY19 perch; Sun Pharma retakes top spot
India Inc’s legal expenses pace came down to a high single digit rate in 2019-20 from the fastest growth seen ......
