Page 26 - Sbi

SC rejects SBI plea to vacate stay on invoking Anil Ambani's personal guarantees

While the personal guarantee matter is being heard by the SC, the fate of dues worth Rs 45,000 crore, including to the Chinese banks, will be decided by the NCLT where the matter is still pending

Top headlines: Vedanta wins arbitration claim; direct tax mop up improves

From Russian vaccine making its way to India to ONGC withdrawal from Sudan oil fields, here are top headlines this morning

Supreme Court to begin hearing SBI's plea against Anil Ambani today

A banker said Ambani has objected to the SBI invoking personal guarantees under the Corporate Debtors Regulations, 2019

Titan ticks with Covid times to roll out contactless payments watches

Titan Pay range, launched in tie-up with SBI, allows bank's YONO account holders to tap the watch on contactless payment POS machines without having to swipe or insert bank card\

Select PSU banks gain on government's Rs 20,000 crore fund infusion plan

Finance Minister Nirmala Sitharaman had, during her Union Budget speech for 2020-21 in February, avoided going for recapitalisation of PSBs in this financial year

SC decision on Anil Ambani guarantee to decide fate of other promoters

Banks plan to invoke personal guarantees in 40 cases

How to sniff and dodge financial scams and keep your wealth intact

Here are some tools that will help you detect a scam from a mile away and avoid touching one even with a 10-foot barge pole

Loan restructuring: This time is different

It marks a reversal in the approach to tackling bad loans, but it is not kicking the can down the road

State Bank of India raises Rs 4,000 cr via AT1 bonds at a coupon of 7.74%

State Bank of India (SBI) has sold Rs 4,000 crore of the Basel compliant additional tier one (AT1) bonds at a coupon of 7.74%

SBI raises Rs 4,000 crore through Basel III compliant debt instruments

The country's largest lender State Bank of India (SBI) on Wednesday said it has raised Rs 4,000 crore through the issuance of Basel III compliant debt instruments

Focusing only on retail may not be prudent for banks currently: SBI MD

At a time when the economy is facing challenges, banks should not solely focus on the retail segment as sluggish growth can impact this category of loans, a top banker said

Cube Highways enters Rs 3,500 cr financial deal with SBI

The firm was awarded nine road stretches with 2,265 lane kilometers across states in India last November, in the third Toll-Operate-Transfer round by NHAI

SBI invokes personal guarantees of Bhushan Power & Steel promoter

Action against Sanjay Singal comes within days of the Finance Ministry asking banks to invoke personal guarantees in all insolvency cases

State Bank of India prices riskiest capital securities at record-low cost

SBI will sell Rs 4,000 crore ($545 million) of the so-called Additional Tier 1 bonds at a coupon of 7.74 per cent

Plan to recruit 14,000 staff this year; VRS not cost-cutting exercise: SBI

The State Bank of India (SBI) said it proposes to recruit 14,000 employees during the current year and its 'on tap VRS' is not a cost-cutting exercise

SBI denies VRS meant to save cost, says it plans to hire 14,000 this year

The spokeperson said SBI had an existing workforce of around 250,000 and had been at the forefront of serving employee needs and designing ways for engaging, assisting employees in their life journey

Top headlines: Voda Idea re-brands itself 'Vi', SpiceJet to pay Rs 243 cr

From Delhi High Court asking SpiceJet to deposit Rs 243 cr, Vodafone Idea rebrands itself 2 years after merger to Maruti Suzuki posting 11% rise in August production, here are top news of the evening

SBI's VRS scheme cruel as economy has collapsed, says P Chidambaram

Congress leader P Chidambaram on Monday slammed the reported SBI plan to implement a voluntary retirement scheme at a time when the economy has collapsed and called it cruel

SBI plans VRS scheme covering 30,000 staff as it seeks to optimise costs

The scheme will be opened to all permanent officers and staff who have put in 25 years of service or have completed 55 years of age on the cut-off date

Operational strength, subsidiaries to drive State Bank of India's re-rating

Annual operating profit of Rs 60,000 crore good enough to absorb any increase in provisioning, while high growth potential subsidiaries to drive valuations