Wednesday, 29 June, 2022
TopicSBI

Topic: SBI

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

YourTurn

File photo of Isha Ambani, daughter of billionaire Mukesh Ambani | Bloomberg

Mukesh Ambani’s daughter Isha Ambani to be named chair of Reliance retail

Isha Ambani, the current director of Reliance Retail Ventures Ltd., is expected to be announced as the chair as early as Wednesday.

Defence

The Indian Air Force logo | Commons

Almost 4,000 enrol for IAF’s Agnipath recruitment scheme on day 1 of online registrations

These registrations pertain to the Indian Air Force's Agniveer Vayu programme. The online portal for the first phase was opened at 10 am Friday, and will close on 5 July.

With Agnipath, Modi govt’s shock & awe doctrine may have misfired a vital reform, yet again

Modi govt's biggest flaw has been its disinclination to accept limitations of electoral majorities. This ruined land acquisition and farm reform, stalled labour codes.
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