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Sunday, November 3, 2024
TopicState Bank of India

Topic: State Bank of India

This is what you need to do if you want to pay, or not pay, your loan EMI for 3 months

Processes vary from bank to bank with some asking customers to write to them to avail the moratorium, while others asking borrowers to inform them to opt out.

In Yes Bank crisis, you can’t miss the ugly realities of India’s private sector lenders

Private sector banks were once considered to be more accountable with stringent regulatory practices in place. Yes Bank crisis has undermined these assumptions.

Everything you need to know about the Yes Bank collapse, rescue and prospects

In Episode 409 of #CutTheClutter, Shekhar Gupta unravels the complexities of the Yes Bank crisis.

SBI reports biggest ever profit as bad loans dip

SBI has been helped by the resolution of some large bad loan accounts, such as Essar Steel India Ltd, but future profit may be constrained by slowing economy.

Jet Airways CEO Vinay Dube quits within hours of CFO leaving

A Jet Airways statement said the two executives -- Vinay Dube and Amit Agarwal -- were leaving the company with immediate effect.

Jet Airways’ pilots bid could get a hearing as others waver

A staff-led bid is rare though not without precedent. Pilots of the airline have so far secured a commitment of about $430 million from external investors.

Deadline for bidding on Jet Airways looms, but there are no takers yet

The Jet Airways deal is important for creditors who are looking to recover more than 1 billion in debt from the carrier.

Debt-laden Jet Airways plans to sell up to 75 per cent stake

State Bank of India Ltd., the lead creditor of Jet Airways, issued a document on Monday, inviting bidders with a net worth of at least Rs. 10 billion, to submit their interest by April 10.

Electoral bonds worth Rs 1,716 cr issued this year — it’s Rs 660 cr more than all of 2018

The revelations through an RTI inquiry comes as Supreme Court is hearing a petition, seeking a stay on the scheme.

Electoral bonds to be sold during Lok Sabha polls, says govt after press release muddle

Launched in March 2018, electoral bonds are meant to ensure transparency in political funding and offer an alternative to cash donations.

On Camera

As a Hindu Canadian, I am deeply hurt by cancellation of Diwali. My community is now sidelined

Canada faces serious foreign interference issues, but these challenges must not be weaponized to unfairly target friendly and important allies like India.

Watch CutTheClutter: Flattening INR-USD rate, and debate on pros and cons of a ‘strong’ rupee

In Episode 1544 of CutTheClutter, Editor-in-Chief Shekhar Gupta looks at some top economists pointing to the pitfalls of ‘currency nationalism’ with data from 1991 to 2004.

Indian firms sanctioned by US didn’t violate laws, says MEA. Hyderabad firm that supplied to Army on list

Among 19 Indian firms sanctioned by US Treasury Dept was Lokesh Machines Ltd accused of coordinating with 'Russian defence procurement agent to import Italy-origin CNC machines'.

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

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.