State Bank of India

SBI, Investec to form JV for institutional equities broking

Finance

09 July, 2020

SBI, Investec to form JV for institutional equities broking

State Bank of India, the nation’s biggest lender, is forming a joint venture with the local arm of South African ......

Finance

08 July, 2020

SBI to invest $235 mn more in Yes Bank

State Bank of India’s executive committee has approved a further investment of up to Rs 1,760 crore (about $234.8 million)...

General

07 July, 2020

Grapevine: Byju's eyes WhiteHat Jr; SoftBank to exit SBG Cleantech

Learning app Byju’s has expressed its interest to acquire WhiteHat Jr, a new startup focusing on coding for school students...

Markets

17 June, 2020

Sensex, Nifty settle lower on India-China tensions, rise in virus cases

Indian shares inched lower in early trade on Wednesday as escalating border tensions with China and a spike in coronavirus ......

Markets

11 June, 2020

Sensex, Nifty down 2% on delayed telecoms ruling, dour Fed outlook

Indian shares closed down over 2% on Thursday, led by bank stocks, after the country's top court extended a hearing ......

General

09 June, 2020

Grapevine: Yes Bank to raise $1.3 bn; Axis Mutual Fund, 2 others lead race for L&T MF

Yes Bank, which was recently rescued by a consortium led by the State Bank of India (SBI), plans to soon ......

Markets

05 June, 2020

Nifty, Sensex record second straight weekly gain

Indian shares edged higher on Friday, helped by gains in financial stocks and a surge in conglomerate Reliance Industries after...

Finance

04 June, 2020

Lenders seek RBI nod to recast over $40 bn potential NPAs

Lenders have sought permission from the Reserve Bank of India (RBI) to restructure loans worth Rs 3 trillion ($40 billion) ......

Premium

Finance

02 June, 2020

State Bank of India's alternative assets arm gets new chief executive

A senior executive from India’s largest lender State Bank of India will head its step-down unit, SBICAP Ventures Ltd, which...

General

13 May, 2020

Jet Airways lenders make fourth attempt to sell grounded carrier

Lenders to Jet Airways have decided to invite fresh expressions of interest for selling a stake in the bankrupt airline....

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