Showing of 0 - 10 from 887 results
Sbi - Total results - 887
Jun 28, 2017
Provisioning for 12 NPAs: SBI's Arundhati Bhattacharya rules out huge dent on bottom linesThese 12 large accounts had become NPAs by end-March 2016 and Crisil estimates show the banks had already provisioned 40 percent for these NPAs worth Rs 2 trillion or about Rs 80,000 crore.
Jun 26, 2017
NPA resolution: Banks may have to take 60% haircut on 12 large bad loan accounts, says CrisilThe RBI over a fortnight back referred the 12 largest bad loans for resolution under the Insolvency and Bankruptcy Code 2016 (IBC), which provides for these companies to be referred for liquidation.
Jun 23, 2017
Lenders approve Rs 86,000-crore Essar Oil sale to RosneftWith this Rs 86,000-crore transaction, which makes it the largest FDI inflow for the country, the company hopes to close the deal by early next month, Essar group sources said.
Jun 23, 2017
Tackling NPAs: Banks to kick off insolvency of Bhushan Steel, Essar Steel, Electrosteel; total loan Rs 92,000 crThese three borrowers are among the 12 accounts identified by the Reserve Bank for immediate reference to National Company Law Tribunal
Jun 22, 2017
Govt sells 2.5% Larsen & Toubro stake, pockets Rs 4,200 croreWith this transaction, the government has garnered nearly Rs 6,400 crore from disinvestment so far in the current fiscal. The Budget had estimated to collect Rs 72,500 crore through minority sale and strategic stake sale of CPSEs.
Jun 21, 2017
Farm loan waivers, Uday bonds to impact state finances: SBI research report"We estimate that out of 29 states, after implementation of loan waiver and UDAY, only 8 states will have now less than 2.5 percent fiscal deficit," the report said.
Jun 20, 2017
GST impact: Credit card bill, insurance premium to get costlierFinancial services and telecom have been put in the 18 percent GST slab
Jun 19, 2017
LIC corners 38.67% of SBI's Rs 15,000 cr QIP issueSBI will use the QIP proceeds to augment its capital adequacy ratio and for general corporate purposes.
Jun 19, 2017
Sensex, Nifty scale new peak, banking shares were in demandThere was more of buying as investors saw NPA resolution gaining traction after the Reserve Bank asked lenders to initiate bankruptcy proceedings against large defaulters
Jun 14, 2017
Banks express concern over stress, likely loan defaults in telecom sectorThe IMG met officials from four leading banks -- State Bank of India, Punjab National Bank, Axis Bank and HDFC Bank on financial difficulties being faced by the telecom industry, whose debt burden stand at a whopping Rs 4.6 lakh crore.