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 5 (ANI): Indian Oil Corporation on Friday again stopped fuel supplies to Jet Airways across the country for some time due to non-clearance of outstanding bills.
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.
New Delhi [India], April 3 (ANI): The Centre on Wednesday filed an affidavit before the Supreme Court saying electoral bonds is a positive step in the right direction to ensure "accountability and transparency" in conducting elections, adding that these bonds were introduced to deal with
Islamabad [Pakistan], Apr 02 (ANI): Pakistan Finance Minister Asad Umar said negotiations with International Monetary Fund (IMF) has reached its final stage with settlement of almost all issues related to a bailout package.
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 26 (ANI): Financially-troubled Jet Airways on Tuesday assured the government that it will not ground any more aircraft and strive to increase the seat-capacity in coming weeks.
New Delhi [India], Mar 26 (ANI): Jet Airways' pilots said on Tuesday they remain committed to the airline and will leave no stone unturned to ensure that it returns to its former glory.
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.
Mumbai (Maharashtra) [India], Mar 11 (ANI): Inflows from foreign institutional investors turned the market sentiment positive on Monday with equity benchmark indices gaining sharply after the announcement of general elections due to begin on April 11.