State Bank of India

Manufacturing

30 March, 2020

Suzlon Energy gets lenders' nod for debt resolution plan

Debt-laden Suzlon Energy Ltd’s resolution plan under the central bank’s Intercreditor Agreement (ICA) has received...

Economy

27 March, 2020

RBI slashes interest rates as coronavirus lockdown hits economy

The Reserve Bank of India on Friday slashed interest rates by 75 basis points to revive economic growth hit by ......

Finance

26 March, 2020

Yes Bank plans to raise $666 mn more after govt bailout

Yes Bank plans to raise up to Rs 5,000 crore ($666 million) to strengthen its capital base after the government ......

Markets

25 March, 2020

Nifty, Sensex clock best day since 2009 on $2 trillion US stimulus package

Indian shares surged to their best single-day percentage gain in over a decade on Wednesday, as a massive stimulus in ......

Finance

23 March, 2020

Govt asks banks to provide liquidity support to companies

The Indian government has asked all state-owned lenders to extend emergency credit lines to corporate borrowers, three government...

General

23 March, 2020

Grapevine: Carlyle, Brookfield, Tilden Park Capital may eye Yes Bank

Troubled private sector lender Yes Bank may attract interest from a clutch of foreign investors as part of a massive ......

Markets

18 March, 2020

Sensex, Nifty tumble over 5% as virus fears linger

Indian shares erased early gains to sink lower on Wednesday, with heavy losses in financial stocks, as fears of the ......

People

17 March, 2020

Salesforce hires former SBI chief Arundhati Bhattacharya as India CEO

U.S. cloud-based service provider Salesforce.com Inc has hired Arundhati Bhattacharya, one of India's best-known former bankers,...

Markets

17 March, 2020

Sensex, Nifty erase gains as coronavirus fears grip global markets

Indian shares gave up gains to slide more than 3% in the last hour of trade on Wednesday, in line ......

Finance

16 March, 2020

Carlyle-backed SBI Cards joins market rout as shares crack 13% on debut

SBI Cards & Payment Services Ltd, which saw a bumper turnout for its initial public offering earlier this month, slumped ......

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