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Page 81 - Sbi

Unlock BFSI 2.0: SBI chief hopes for lesser corporate debt recast requests

Kumar said banks would look at all requests for restructuring on a case-to-case basis and will act according to whatever is permitted by regulation

Unlock BFSI 2.0: SBI chief hopes for lesser corporate debt recast requests
Updated On : 27 Aug 2020 | 11:21 PM IST

SC to examine if assets can be considered for liquidation to settle dues

UBHL has challenged the March 6 order of the Karnataka High Court upholding the decision of a single judge to wind up the company

SC to examine if assets can be considered for liquidation to settle dues
Updated On : 27 Aug 2020 | 9:34 PM IST

India needs more banks for financial inclusion: SBI, HDFC Bank leaders

"Consolidation for the sake of consolidation" is not feasible because demand for financial services exceeds supply in the country, said Aditya Puri

India needs more banks for financial inclusion: SBI, HDFC Bank leaders
Updated On : 27 Aug 2020 | 2:24 PM IST

SBI plans policy to lend to coal miners ahead of landmark auctions

Lenders are also wary about sustained demand for coal, which is seen globally as a dirty fuel but is still the biggest source for electricity generation in India.

SBI plans policy to lend to coal miners ahead of landmark auctions
Updated On : 26 Aug 2020 | 10:20 PM IST

Goldman Sachs upgrades SBI to 'Buy', ups target price by 54%; here's why

Seen as the "proxy of improving confidence in the financial sector", Goldman Sachs believes SBI's current stock valuation (0.2x FY21E BVPS) makes for an attractive entry point

Goldman Sachs upgrades SBI to 'Buy', ups target price by 54%; here's why
Updated On : 26 Aug 2020 | 2:31 PM IST

Banks sanction loans of Rs 1.56 trn to MSMEs under credit guarantee scheme

The loan amounts sanctioned by PSBs increased to Rs 76,765 crore, of which Rs 58,230 crore has been disbursed as of August 24, Sitharaman said

Banks sanction loans of Rs 1.56 trn to MSMEs under credit guarantee scheme
Updated On : 25 Aug 2020 | 11:11 PM IST

Covid-19 impact: Moody's lowers SBI's baseline credit assessment to 'ba2'

The rating agency, however, affirmed SBI's Baa3 deposit ratings

Covid-19 impact: Moody's lowers SBI's baseline credit assessment to 'ba2'
Updated On : 25 Aug 2020 | 10:52 PM IST

States face uncovered losses of Rs 3.1 trillion in FY21: SBI report

States are likely to face uncovered losses of up to Rs 3.1trn in the current financial year due to massive disruption caused by Covid-19 pandemic, according to a report by State Bank of India (SBI)

States face uncovered losses of Rs 3.1 trillion in FY21: SBI report
Updated On : 24 Aug 2020 | 5:39 PM IST

Bank stks in focus; Nifty Bank adds over 2.5%; IDFC First gains 7%, SBI 2%

Global agency Moody's pegs the banks' recap needs at Rs 1.9 lakh crore to Rs 2.1 lakh crore ($25 billion-$28 billion) in external capital over the next two years under its base scenario

Bank stks in focus; Nifty Bank adds over 2.5%; IDFC First gains 7%, SBI 2%
Updated On : 24 Aug 2020 | 2:53 PM IST

SBI, PNB, BoB may go for share sale in FY21 to shore up capital: Report

According to the sources, banks would get a better picture about their Non-Performing Assets (NPAs), one-time loan restructuring and consequent ratings latest by the end of October

SBI, PNB, BoB may go for share sale in FY21 to shore up capital: Report
Updated On : 23 Aug 2020 | 11:47 PM IST

CBI searches 5 places in Delhi, MP for Rs 938 cr SBI loan fraud case

The searches were being carried out in Madhya Pradesh's Morena and the office premises of KS Oils Ltd on Delhi's Barakhamba Road, as also of its Managing Director and promoters

CBI searches 5 places in Delhi, MP for Rs 938 cr SBI loan fraud case
Updated On : 22 Aug 2020 | 11:00 PM IST

Govt appoints Ashwani Bhatia as SBI MD, to continue till retirement

Bhatia will be the fourth managing director at the country's largest lender

Govt appoints Ashwani Bhatia as SBI MD, to continue till retirement
Updated On : 22 Aug 2020 | 2:47 AM IST

Anil Ambani to move NCLAT against appointment of RP in SBI matter

Tribunal rejects submissions by Ambani counsel, says it has no option but to nominate RP within seven days of creditor filing an application

Anil Ambani to move NCLAT against appointment of RP in SBI matter
Updated On : 22 Aug 2020 | 1:49 AM IST
Divi's, SBI Life to see combined inflows of Rs 1,400 cr on Nifty inclusion
Updated On : 22 Aug 2020 | 12:31 AM IST

Ashwani Bhatia appointed Managing Director of SBI up to May 2022

Bhatia is at present working as the Deputy Managing Director in SBI

Ashwani Bhatia appointed Managing Director of SBI up to May 2022
Updated On : 21 Aug 2020 | 11:02 PM IST

Market share, valuation: 5 reasons why CLSA is bullish on SBI amid Covid-19

In a report dated August 20, CLSA upped the target price on the stock to Rs 310, translating into 59.2 per cent upside from Thursday's closing price on the BSE

Market share, valuation: 5 reasons why CLSA is bullish on SBI amid Covid-19
Updated On : 21 Aug 2020 | 3:48 PM IST

NCLT agrees to hear SBI's bankruptcy case against Anil Ambani

The ruling is the most high-profile insolvency case against a founder who pledged to pay loans on behalf of their companies

NCLT agrees to hear SBI's bankruptcy case against Anil Ambani
Updated On : 21 Aug 2020 | 1:43 PM IST

YES Bank: What keeps CEO of India's most troubled lender awake at night?

Kumar set aside an hour a day during the first two months to call depositors to reassure them personally about the bank's stability

YES Bank: What keeps CEO of India's most troubled lender awake at night?
Updated On : 21 Aug 2020 | 7:39 AM IST

Reliance Home Fin resolution may be delayed as auditors split on fraud call

Clean chit by SBI-appointed forensic auditor, fraud call by Bank of Baroda's party

Reliance Home Fin resolution may be delayed as auditors split on fraud call
Updated On : 20 Aug 2020 | 11:03 PM IST
MARKET WRAP: Sensex slips 394 pts amid weak global cues; RIL declines 1.7%
Updated On : 20 Aug 2020 | 4:01 PM IST