New Delhi [India], Apr 11 (ANI): SBI Capital Markets has extended the deadline for investors to bid for a controlling stake in beleaguered Jet Airways by two days till Friday.
Mumbai (Maharashtra) [India] April 11 (ANI/ BusinessWire India): PAISALO Digital Limited signed the first co-origination loan agreement with State Bank of India, the first agreement of its kind in the country that State Bank of India has signed. Introducing a platform for the last mile cu
Mumbai (Maharashtra) [India], Apr 9 (ANI): Taking a cue from recent policy measures announced by the Reserve Bank of India (RBI), the State Bank of India (SBI) on Tuesday, reduced its Marginal Cost of Funds Based Lending Rate (MCLR) by 5 bps across all tenors, resulting in MCLR coming down f
New Delhi [India], Apr 8 (ANI): A consortium of lenders led by State Bank of India (SBI) on Monday invited expressions of interest (EoIs) to buy a stake in financially-strapped Jet Airways and said prospective bidders will need to settle the airline's existing debt.
New Delhi [India], Apr 4 (ANI): State Bank of India Chairman Rajnish Kumar on Thursday hailed the RBI monetary policy announced earlier in the day, saying that the decision to cut repo rate by 25 basis points (bps) was largely in consonance with the market.
Mumbai (Maharashtra) [India], Apr 1 (ANI): Bank of Baroda on Monday became India's second largest public sector bank behind State Bank of India (SBI) following a three-way merger with Dena Bank and Vijaya Bank.
Kathmandu [Nepal], Mar 30 (ANI): Three banks, including the State Bank of India (SBI), committed over Rs 7,800 crore as a loan for Nepal's biggest hydropower project, during the two-day Nepal Investment Summit which concluded here on Saturday.
New Delhi [India], Mar 30 (ANI): Disappointed over non-clearance of pending dues, Jet Airways pilots on Friday reiterated that they will stop flying from April 1.
New Delhi [India], Mar 25 (ANI): Jet Airways Chairman Naresh Goyal stepped down on Monday, paving way for lenders to bail out the financially troubled airline he set up 25 years ago.
New Delhi [India], Mar 20 (ANI): State Bank of India (SBI) Chairman Rajnish Kumar said on Wednesday that all lenders have been working on a resolution plan to bail out the debt-laden Jet Airways and sending it to bankruptcy is the last option.