IndiaCatalog.com
Login Signup
IndiaCatalog.com
Home Web Directory Classifieds Yellow Pages Global Directory City Guide News Photo Galleries
Login
Signup
  • Home
  • News
  • State Bank of India Related news

State Bank of India Related news

SBI had offered to settle KFA loan issue with Vijay Mallya

SBI had offered to settle KFA loan issue with Vijay Mallya

MUMBAI: State Bank of India (SBI) is willing to have a one-time settlement of the Kingfisher Airlines loan issue with Vijay Mallya if he agrees to repay the outstanding principal amount along with some interest and legal fees, but the former liquor baron has put conditions which are unacceptable to the bank, its top official has told a parliamentary panel.

RIL and SBI sign agreement for payments bank

RIL and SBI sign agreement for payments bank

Reliance Industries Ltd (RIL) and State Bank of India (SBI), the country’s largest lender, have signed the subscription and shareholders’ agreements for their payments bank venture.

While RIL is the promoter with 70%, SBI will have an equity investment of 30%.

SBI: Jaypee account an NPA, lenders may invoke SDR

SBI: Jaypee account an NPA, lenders may invoke SDR

State Bank of India (SBI) has classified debt-laden Jaypee Associates as a non-performing asset (NPA) and lenders will soon meet to decide on converting debt to equity under Reserve Bank of India’s (RBI) strategic debt restructuring (SDR) provisions, a senior bank official said on Friday.

The official said Jaypee became a non-performing asset (NPA) some time back and the bank’s exposure to the account is around Rs 7,000 crore. Jaiprakash Associates had consolidated debt of Rs 58,250 crore in FY16.

SBI drive to raise $1.5bn

SBI drive to raise $1.5bn

Mumbai, June 29: The State Bank of India today said it would raise long-term capital of up to $1.5 billion (over Rs 10,000 crore) by issuing bonds in dollar or other convertible currencies.

The decision was taken by the executive committee of the bank today.

SBI to send detailed merger plan for govt approval soon

SBI to send detailed merger plan for govt approval soon

With nine months to go to complete the merger process involving its associates, State Bank of India (SBI) is working on details of the amalgamation proposal, which will be submitted to the government soon for approval.

The Cabinet earlier this month gave in-principle approval to merger of the five associate banks and Bhartiya Mahila Bank with the SBI.

SBI’s Arundhati Bhattacharya may get 1-year extension

SBI’s Arundhati Bhattacharya may get 1-year extension

NEW DELHI: The government is considering a proposal to extend Arundhati Bhattacharya's term as chairman of State Bank of India by at least a year, senior officials said

The finance ministry wants continuity in leadership as state-run SBI absorbs five associate units and Bhartiya Mahila Bank while cleaning up its books of bad loans, they said, adding that the government may fix SBI chairman's tenure at five years, up from three now.

SBI says no law broken in funding cluster bomb maker

SBI says no law broken in funding cluster bomb maker

New Delhi: The State Bank of India (SBI) has defended financing a US cluster bomb manufacturer, saying its investments were legal, after being put in a “Hall of Shame” along with several other major banks by a Dutch campaign group.

A report by PAX last week listed the government-owned bank as one of 158 lenders—including JP Morgan Chase, Barclays, Bank of America and Credit Suisse—that violated an international ban for investing in cluster bomb firms.

Brookfield, SBI said to mull India stressed asset venture

Brookfield, SBI said to mull India stressed asset venture

Singapore/Mumbai/Toronto: Brookfield Asset Management Inc. is in talks with State Bank of India, the country’s largest lender, about forming a joint venture to invest in stressed Indian assets, people with knowledge of the matter said.

Brookfield, Canada’s largest alternative asset manager, has discussed investing about Rs.70 billion in the venture while SBI and its associate banks are willing to invest as much as Rs.20 billion, according to the people.

SBI tightens grips on corporate borrowers; Rajan's imprint seen in new move

SBI tightens grips on corporate borrowers; Rajan's imprint seen in new move

Reserve Bank of India (RBI) governor Raghuram Rajan, who will end his tenure on September 4, leaves his imprint on the new loan agreements that banks are sewing with companies to make lending practices tougher.

With the historic asset quality review (AQR) increasing the bad loans of all banks, the State Bank of India (SBI) has decided to introduce new screws to tighten their grip on borrowers.

SBI merger to create banking powerhouse

SBI merger to create banking powerhouse

In a definitive push for consolidation in the banking sector, the Union Cabinet on Wednesday gave a go-ahead to the merger of State Bank of India (SBI) with its five associate lenders and Bharatiya Mahila Bank. The combined entity would create a financial sector powerhouse, with total assets worth Rs 29.7 lakh crore.

SBI has indicated it wants to complete the merger in 2016-17. While India's largest lender would reap benefits of scale and a larger balance sheet, it will be a major challenge to integrate staff and rationalise branches.

  • Previous
  • 52
  • 53
  • 54
  • 55
  • 56
  • Next

Post a FREE Classified Advertisement

Inviting Real Estate Agents, Job Placements Agents, Educational Institutes, Software Service Providers, Real Estate Builders, Marriage Bureaus, Travel Agents, Restaurant Owners, Health & Fitness Centers and other Local Businesses to Post a FREE Classified Advertisement on Cootera.com Classifieds Website.

Most Read News

IndiaCatalog News
Illegal US entry means jail, deportation, visa ban: Embassy warns Indians
IndiaCatalog News
Adani Total Gas, Jio-bp tie up to offer petrol, diesel, CNG at fuel outlets
IndiaCatalog News
NSE offers $160 mn to settle dispute with Sebi, move ahead with IPO
IndiaCatalog News
ED raids in Gujarat, Maharashtra in cyber fraud probe over ₹100 cr scam
IndiaCatalog News
India returns to space after 41 yrs, Shubhanshu Shukla lifts off on Axiom-4

CORPORATE NEWS

Securities and Exchange Board of India ( SEBI )
Securities and Exchange Board of India ( SEBI )
Unitech Limited
Unitech Limited
Lanco Industries
Lanco Industries
Paytm
Paytm
Infosys Technologies Limited
Infosys Technologies Limited
Bharat Sanchar Nigam Limited (BSNL)
Bharat Sanchar Nigam Limited (BSNL)
Coal India Ltd
Coal India Ltd
Air India
Air India

PHOTO GALLERY

Ninnu Kori
Ninnu Kori
Audi A8 L 4.2 TDI quattro
Audi A8 L 4.2 TDI quattro
SKODA Superb
SKODA Superb
Paisa
Paisa
Raj Tarun
Raj Tarun
Regina Cassandra
Regina Cassandra
adinayakudu
adinayakudu
Yamaha Alpha
Yamaha Alpha
IndiaCatalog.com

IndiaCatalog.com is a website brought to you by Portland Technologies to provide directory of Indian websites, News, City Guides and profiles of Indian Businesses. Portland Technologies also provides IT solutions for Small and Medium Businesses in India.


Products

India Web Directory

Global Web Directory

Yellow Pages

Photo Galleries

FREE India Classifieds


Useful links

About us

Advertise

Link to us

Submit a Site

Business Reviews


Contact

Plot #37, Ramnagar Gundu, Hyderabad - 500 044

service@indiacatalog.com

+91-40-23756949


© Copyright: IndiaCatalog.com