Friday, 21 January, 2022

Topic: SBI

Fund managers flock to shorter debt over rate hike, trade war uncertainty

Kotak Mahindra AMC and Mirae AMC are among investors seeking refuge in debt maturing in less than 5 years.

Why India needs to fix GST, publish GDP back-series before trying quick fixes for banks

All kinds of patchwork solutions are in the works for reviving comatose state-run lenders that account for 70 per cent of India's banking sector.

Sinking rupee will soon hit bank earnings, market liquidity

Creating a rupee shortage risks worsening liquidity in India’s banking system, which is already running short of cash.

Deep in debt, Videocon blames Modi’s India, Supreme Court and Brazil

State Bank of India filed an insolvency petition against Videocon. The TV maker filed an appeal to get back control, blamed India and Brazil for bad debt pile.

Banks to push insolvent firms into liquidation if proposed bid prices are low

Proposed resolution plans must either bring value to the enterprise or a meaningful recovery for creditors, says Rajnish Kumar, chairman of State Bank of India, the country's largest lender.

Public sector banks have a lot to do with India’s banking crisis

The disproportionate concentration of bad loans in the government owned banking system has a major role to play in the crisis that India is presently facing. 

SBI gets electoral bond scheme moving, even as it is questioned in SC

The bank has asked the EC for details of parties eligible to receive funds. Finance ministry announces first issue of the scheme will be open from 1-10 March.

Staring into the hole

Loans given by banks during the boom years are torpedoing them, and we will all feel the ripple effects.

On Camera


The BBC Broadcasting House in London

BBC is Britain’s only imperial legacy with purpose, UK must value it to remain in soft-power war

It’s deeply worrying that the Johnson govt, filled with defenders of the country’s imperial past, seems intent on rendering this last great British asset valueless.

Mahindra expects strong recovery in auto sales as supply chain constraints ease

According to Mahindra, the auto industry is poised for a very strong rebound because it has been buffeted by a number of factors over the last 2-3 years.


File image of German Ambassador to India Walter J. Lindner | Twitter | @AmbLindnerIndia

Won’t be silent if rules-based order challenged, envoy Lindner says as German warship visits

In an exclusive interview, the German ambassador to India said port call of the German warship Bayern in Mumbai shows the significance of the Indo-Pacific region.
Illustration by Soham Sen | ThePrint

Read my lips, I’m hurting, says Pakistan’s National Security Policy. What it means for India

The new policy is mostly chaff, but it reveals the most inward-looking Pakistan in 3 decades. It needs breathing space, and is realising loss of stature and friendship with US.