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State Bank Of India Sbi
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

Business  /  Published 14.04.19

Adhunik hopes dim for Liberty

Liberty House Group, the UK-based conglomerate led by Sanjeev Gupta, has failed to buy another stressed asset from India’s bankruptcy court within the stipulated time.The National Company Law Appell...
By Sambit Saha in Calcutta

Business  /  Published 09.04.19

SBI cuts lending rates by 5 bps

External benchmarkSBI had earlier announced that some of its loans and deposits will be linked to the repo rate from May 1.Saving bank deposits with balances of over Rs one lakh and short-term loans w...
By Our Special Correspondent in Mumbai

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North East  /  Published 02.10.19

Dimbeswar Baruah’s plea to honour educationists

 Nonagenarian teacher Dimbeswar Baruah has urged big business houses to come forward in recognising and honouring educationists, who toil ceaselessly for the uplift of society without ever coming...
By Ali Fauz Hassan in Guwahati

Business  /  Published 23.09.19

SBI fixes repo as benchmark

The State Bank of India (SBI) on Monday announced that it will adopt the repo rate as the benchmark for all floating rate loans to MSMEs and for home and retail loans from October 1.This move comes af...
By Our Special Correspondent in Mumbai

Business  /  Published 04.11.18

RIL slashes transaction time with blockchain

In a first for India, British banking major HSBC has executed a trade finance transaction involving an export by Reliance Industries to an American client using the blockchain, which massively reduced...
By Agencies in Mumbai

Business  /  Published 08.05.20

SBI ups risk premia on loans

State Bank of India (SBI) has raised the spread, or the risk premia, on its floating rate home loans that are linked to the repo rate, pushing up the effective rates on these loans even as it reduced ...
By Our Special Correspondent in Mumbai

Business  /  Published 07.05.20

SBI to extend moratorium to NBFCs

The country's largest lender SBI has decided to extend the RBI-approved moratorium to the cash-strapped NBFC sector to help them tide over the crisis, its MD Dinesh Kumar Khara said on Thursday.The RB...
By PTI in Calcutta


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