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Friday, November 8, 2024
TopicSBI

Topic: SBI

Ailing Jet Airways gets lifeline in debt swap deal with lenders

Anurag Kotoky -
Jet Airways, which needs Rs 85 billion to help it get back on its feet, will be revamped, with banks becoming the biggest shareholders of the company. 

What India’s top three mutual funds bought and sold in January

Ameya Karve -
Stock funds took in a net Rs 61.6 billion, the least since January 2017, and a 7% decline over the previous month

Madam, don’t send us to court, firms keen to avoid bankruptcy law tell SBI

Saloni Shukla -
Recent bankruptcy proceedings that wrested prominent companies from their owners were a wake up call for the country's business community.

SBI could take 15% equity stake in Jet Airways

P. R. Sanjai -
Burdened by debt, Jet Airways is looking to convert part of its loans to equity as it struggles to stay afloat in a highly competitive market

India’s SBI is said to select banks for $1.4 billion share sale

Crystal Tse -
SBI’s sale will help bolster its capital buffers as it attempts to grow loans at a faster pace.

Customers suffer as banks miss deadline to switch to safer chip-based debit & credit cards

Mahua Venkatesh -
The RBI had set 31 December 2018, as the deadline for all banks to replace magnetic strip debit & credit cards with chip-based ones.

Electoral bonds worth more than Rs 1,000 crore issued in 2017-18, says RTI reply

Sanya Dhingra -
Modi government's scheme had drawn flak from opposition, which had raised concerns that it would lead to an opaque poll funding process. 

Revised back-series GDP data poses a problem for SBI – how did we really perform?

Mahua Venkatesh -
SBI report says bank’s performance will have to be rewritten based on the new data and this can be contentious due to questions over credibility.

Harshad Mehta’s brother among 9 bank officials acquitted in SBI fraud case

PTI -
The nine officials were acquitted in a case of Rs 105 crore fraud involving State Bank of India.

SBI ex-chief on Vijay Mallya: Loan was taken. He can pay. So why should it take so long?

Mahua Venkatesh -
Arundhati Bhattacharya had said that SBI went after Vijay Mallya as he had given a personal guarantee for Kingfisher’s loans.
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On Camera

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Opinion

Economy

How to Trump-proof India’s trade policy: ‘Give US tariff concessions, block Chinese dumping’

TCA Sharad Raghavan -
Donald Trump has been vocal about India’s high import tariffs and has threatened retaliation. Simultaneously, his tough stand on China could see Chinese goods flood India.

Defence

China unveils J-35A stealth fighter, with striking resemblance to US F-35. Here’s how they compare

Smruti Deshpande -
The Chinese aircraft has uncanny similarities to the American F-35 jet. There are claims that China copied the design. Cyber theft of F-35 design data was reported in 2009.

National Interest

Xi wanted to teach India about imbalance of power. We should take a budgetary lesson from it

Shekhar Gupta -
While we talk much about our military, we don’t put our national wallet where our mouth is. Nobody is saying we should double our defence spending, but current declining trend must be reversed.

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