Latest News on State Bank Of India
Showing of 0 - 10 from 534 results
State Bank Of India - Total results - 534
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Oct 10, 2018
Rs 45,000 crore NBFC loan portfolio buyout: Is State Bank of India being cast in role of knight in shining armor?
The SBI is not an asset reconstruction company (ARC) so as to be scouting for receivables that it can buy at a bargain price. -
Oct 09, 2018
IL&FS crisis: SBI to buy assets worth Rs 45,000 cr from NBFCs to resolve liquidity crunch
State Bank of India (SBI) said on Tuesday it will buy good quality assets worth Rs 45,000 crore from NBFCs that are facing liquidity crunch triggered by a series of debt repayment defaults by financial conglomerate IL&FS and its subsidiaries. -
Oct 03, 2018
SBI slashes ATM withdrawal limit for certain card holders from 31 October
The country's largest lender SBI will limit cash withdrawals from ATMs to Rs 20,000 per day for certain card holders from 31 October -
Sep 27, 2018
Fifth tranche of electoral bonds sale will take place during 1-10 October: Finance ministry
Electoral bonds are being pitched as an alternative to cash donations made to political parties as part of efforts to bring transparency in political funding. -
Sep 27, 2018
RBI cancels tomorrow's meeting with IL&FS shareholders; company's AGM scheduled for 29 September
The RBI had earlier called a meeting with key shareholders of IL&FS, including Life Insurance Corporation of India (LIC) and State Bank of India, after the company and its subsidiaries defaulted on repayments of various debt instruments. -
Sep 26, 2018
No proposal yet from IL&FS for additional funds; will do everything to stabilise financial markets: SBI chairman
SBI holds 6.42 percent in the IL&FS group that is facing a serious liquidity crisis and has defaulted on interest payment on various debt repayments since 27 August. -
Sep 25, 2018
Debt-ridden IL&FS will not be allowed to collapse, all options open: LIC Chairman VK Sharma
IL&FS Financial Services, a group company of IL&FS defaulted on one of its commercial paper (CP) issuances due for repayment on Monday -
Sep 24, 2018
Padmaja Chunduru assumes charge as Indian Bank's managing director and CEO
Earlier, Padmaja Chunduru served State Bank of India as its deputy managing director (global markets), Mumbai -
Sep 20, 2018
SBI hopes to resolve 7-8 stressed power assets with an exposure of around Rs 17,000 cr until 11 November: Chairman Rajnish Kumar
The Supreme Court has asked the banks to maintain status quo and not to initiate insolvency proceedings against defaulting power companies till 11 November, 2018, when it would hear the case again. During this period lenders would be able to resolve stressed assets. -
Sep 20, 2018
Govt set to pay for Iranian oil using rupees from November, could use UCO Bank and IDBI Bank to route payments
Indian refiners are currently using State Bank of India and Germany-based Europaeisch-Iranische Handelsbank AG to buy Iranian oil in euros
