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Monday, September 29, 2025
TopicSBI

Topic: SBI

Yes Bank crisis shows why India needs a resolution mechanism to act before it is too late

Yes Bank should’ve been overseen by a Resolution Authority, depositors shouldn’t have had to face moratorium. Now SBI or LIC shouldn’t be forced to buy it.

How government intervention is wrecking India’s banking system

A summary of Episode 407 of #CutTheClutter where Shekhar Gupta explains why the government should move out of India’s banking system.

India’s first credit card IPO set for success despite market turmoil caused by coronavirus

SBI Cards & Payment Services IPO received orders for 22.5 times the shares on offer. It’s a strong showing for India’s first billion-dollar IPO since 2017.

Modi govt approves rescue plan for Yes Bank, SBI-led consortium to inject capital

The rescue plan will throw a lifeline to Yes Bank which has been struggling to raise capital since the middle of last year, as it has faced a surge in bad loans.

Coronavirus panic casts shadow on SBI’s blockbuster credit card IPO

Coronavirus-fuelled declines in India may impact the SBI card IPO’s over-subscription rate, which in turn may limit the premium on listing.

SBI chairman says Yes Bank will not be allowed to fail

SBI chairman Rajnish Kumar says he’s certain ‘some solutions will emerge’ to steady Yes Bank, which has been on a prolonged quest to raise new capital.

SBI comes to the aid of India’s distressed real estate developers

SBI will finance both builders & homebuyers, charging developers a premium & offering latter a refund if their apartments are left unfinished.

PMLA court orders liquidation of Vijay Mallya’s Rs 11,000-cr assets to clear debt

An SBI-led consortium of banks is trying to recover Rs 6,205 crore from Vijay Mallya along with compoundable interest since 2013.

Why SBI credit cards could face a Mukesh Ambani challenge

Indian consumers & merchants are thriving on cardless digital credit and Mukesh Ambani with 335 million customers on Jio stands to gain most.

SBI revises full-year GDP growth forecast to 5%, and 4.2% for July-September quarter

The full-year GDP growth forecast is 1.1% lower than SBI’s earlier projection of 6.1%, and one of the lowest predicted by any institution so far.

On Camera

Bodoland poll loss a wake-up call for Assam BJP. Zubeen’s death puts CM Sarma in a tight spot

Assam CM can’t celebrate that the Congress drew a blank in the Bodoland Territorial Council polls in 2010 as well as 2015, and bagged only one in 2020.

Market regulator SEBI clears Adani Group of impropriety alleged by Hindenburg Research

SEBI probe concluded that purported loans and fund transfers were paid back in full and did not amount to deceptive market practices or unreported related party transactions.

Aerial warfare analyst Tom Cooper faults India’s military PR, says Pakistan does it better

In post on social media, Cooper narrated experience of MiG-21 researcher from Germany who wanted to attend aircraft’s farewell ceremony in India, and the roadblocks he faced. 

Something’s hidden in the Oval Office photo of Trump, Munir, Sharif. India must look closely

What Munir has achieved with Trump is a return to normal, ironing out the post-Abbottabad crease. The White House picture gives us insight into how Pakistan survives, occasionally thrives and thinks.