India’s largest lender State Bank of India has recently unveiled an emergency credit line to meet liquidity mismatch for its borrowers, amid the coronavirus pandemic scare. The additional...
The Reserve Bank of India drafted a reconstruction plan of Yes Bank recently. As per the plan, the investor bank shall buy 49% stake in Yes Bank. Recently,...
Challa Sreenivasulu Setty, who is currently serving as the Deputy managing director of the country’s largest lender, has been appointed as the managing director of the State bank...
As per an order issued on Monday, 20th January 2020 by the Ministry of Personnel, Sanjiv Chadha, who was serving as the Deputy Managing Director in the State...
The South Central Railways (SCR) zone of the Indian Railways has signed a Memorandum of Understanding (MoU) and State Bank of India(SBI) for providing doorstep banking services in...
India has secured a US $277 million (about Rs.1,900 crore) loan from Germany to establish an energy-efficient housing programme in the country. The loan agreement was signed between...
The largest power company of India, National Thermal Power Corporation (NTPC) Limited has signed a term loan agreement of Rs 5000 crore with the country’s largest lender, the...
The largest publicly traded multinational conglomerate company in India in terms of market capitalization(m-cap), Reliance Industries Limited (RIL) became the first Indian company to cross Rs 10 Lakh...
U GRO Capital has entered into a Small and Medium Enterprises (SME) loan co-origination agreement with the country’s largest lender State Bank of India (SBI) to increase loan...
SBI chairman Rajnish Kumar has been appointed as the new chairman of Indian Banks’ Association (IBA) for 2019-20. He succeeded Sunil Mehta, who was the MD & CEO...
