Tuesday, 17 May, 2022
TopicSBI

Topic: SBI

SBI-led bank lenders warn of risks to India from Essar Steel sale approval

Banks are opposed to certain terms of the Essar Steel sale, which, they say, could lead to higher lending rates, further affecting India's credit woes.

Insolvency plea against Jet Airways — here’s what lies ahead for the airline

NCLT, which will hear insolvency plea against Jet Airways today, was approached by consortium of lenders to recover their dues of over Rs 8,500 crore.

Broke Air India mortgaged land worth Rs 3,775 crore — land that belonged to someone else

The land, two prime plots in New Delhi, was loaned to Air India by the housing ministry. It is now locked with a consortium of 19 banks led by SBI.

SBI sees big opportunities in cash crunch crisis of NBFCs

SBI sees opportunities in taking business from NBFCs without creating new asset quality problems, says Chairman Rajnish Kumar.

SBI electoral bonds sales jump 542%, but voters clueless who’s funding polls

ThePrint view on the most important issues, instantly.

In defence of electoral bonds: Why it’s a positive step & critics are wrong

Modi government’s electoral bonds scheme has several benefits that its critics ignore. But even their criticisms are without merit.

This is how political parties can dodge SC’s interim judgment on electoral bonds

Legally, only SBI, which sells electoral bonds, is expected to have details of donors. So, political parties could claim ignorance on who donated to them.

Jet Airways lenders hopeful of successful bidding day after airline suspends operations

Banks Wednesday rejected an immediate Rs 400 crore demand of Jet Airways, compelling it to ground operations.

Jet Airways pilots appeal to SBI for Rs 1500 cr and PM Modi to save 20,000 jobs

Jet Airways pilots, engineers, and senior staff have not been paid salaries since January because of a severe paucity of cash.

Jet Airways suspends international flights till Monday as crisis worsens

The cash-strapped private air carrier announced that all its international flights will now be suspended till Monday.

On Camera

YourTurn

Representational image | Photo: Dhiraj Singh | Bloomberg

Indian law needs to account for women, make finance inclusive

Indian women face multiple barriers in accessing finance in an equitable manner. Research suggests adding a gender lens to existing laws and financial products is crucial.
Vehicles at a petrol pump station in Bengaluru, on 4 March 2021 | Photo: Dhiraj Singh | Bloomberg

Heatwave sends Indians into air-conditioned cars for relief, petrol sales soar

Petrol sales have gone up 14% during 1-15 May from the corresponding period in April, a considerable amount especially in comparison to other fuels.

Defence

By special arrangement

Desi defence start-up helps Army go off decades-long dependence on imported cold-weather gear

While AROO does research on the product, manufacturing is handled by another company with which it has a tie-up. The first set of AROO gear was delivered in second half of 2021.

How Congress is like the Ambassador & why Indian politics needs a brand new set of wheels

Like the car, nothing the party has done to reinvent itself has worked. Only way forward is to offer something looking towards the future, not in image of glorious past.
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