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State Bank Of India Sbi
Business  /  Published 25.02.19

SBI weighs tribunal route for Jet Airways

To recover its loans from Jet Airways, state-run lender SBI is considering moving the National Company Law Tribunal (NCLT) as it feels the airline is running out of funds for operations even as share...
By PTI in New Delhi

Business  /  Published 29.06.19

Asian Colour lenders clear JSW bid

Lenders of Asian Colour Coated Ispat Ltd (ACCIL) have approved the JSW group’s Rs 1,550-crore bid to acquire the debt-ridden steel firm, sources said. ACCIL went into insolvency in July last year af...
By PTI in New Delhi

Business  /  Published 17.06.19

Jet lands in bankruptcy court

Lenders led by the State Bank of India (SBI) on Monday finally decided to start bankruptcy proceedings against Jet Airways as their last attempt to find a resolution for the grounded carrier, which o...
By Our Special Correspondent in Mumbai

Business  /  Published 07.03.20

SBI plans to invest Rs 10000cr in Yes Bank

State Bank of India (SBI) chairman Rajnish Kumar on Saturday said the total investment by the PSU lender in Yes Bank will not exceed Rs 10,000 crore even as it has received queries from multiple inves...
By Our Special Correspondent in Mumbai

Business  /  Published 05.12.19

Corporate lending witnessing lack of demand: SBI

State Bank of India (SBI), the country's largest lender, on Thursday said it is witnessing a lack of demand for corporate loans, a category where growth is also 'muted'.Retail lending, however, is gro...
By PTI in Kolkata

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Business  /  Published 29.11.19

Sensex tumbles 336 points

Market benchmark BSE Sensex tumbled 336 points on Friday as investors turned jittery ahead of GDP data release, snapping its two-day record-setting streak.After plummeting 466 points during the sessio...
By PTI in Mumbai

Business  /  Published 29.01.19

SBI to hold 15% if Jet bid takes off

The State Bank of India may end up owning 15 per cent of Jet Airways if the cash-strapped airline’s plan to convert debt into equity is approved by its shareholders.The full service carrier will be ...
By Our Special Correspondent in Mumbai

Business  /  Published 17.01.19

Jet Airways' Goyal lobs counter-offer

In a fresh twist to Jet Airways’ road to resolution, chairman Naresh Goyal has offered to invest up to Rs 700 crore in the carrier under the condition that his stake should not fall below 25 per cen...
By Our Special Correspondent in Mumbai

Business  /  Published 16.01.19

Jet Airways weighs options to tackle lenders

Lenders to Naresh Goyal-controlled Jet Airways, the troubled full service airline that missed a December 31 deadline to pay its dues, met here on Wednesday to consider a resolution plan even as specul...
By Our Bureau in Mumbai

Business  /  Published 15.04.19

Jet Airways fails to get funds support

The fate of Jet Airways and its 20,000 employees continued to hang in the balance as a consortium of lenders on Monday dithered on providing emergency funds to the airline.The Jet board will meet on T...
By Our Special Correspondent in Mumbai


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