The decision was taken after a meeting of the State Bank of India-led consortium of lenders.
17 Jun 2019 6:34 PM
SBI reported 6,793 fraud cases involving Rs 23,734.74 crore followed by HDFC which recorded 2,497 cases involving Rs 1,200.79 crore
12 Jun 2019 3:12 PM
RBI may again ask banks to link loans to repo or G-sec.
10 Jun 2019 4:22 AM
According to experts, the new category of home loans linked to repo rate may see quicker transmission.
08 Jun 2019 1:39 AM
Shares of State Bank of India closed 3.29 per cent down at Rs 348.55 apiece on the BSE on Wednesday.
30 May 2019 10:23 AM
The company has tied up with SBI recently for a Rs 1,500 crore loan to meet its working capital requirements.
27 May 2019 4:17 PM
The 'Mega Customer Meet', to be held on Tuesday, is expected to engage with 100,000 customers across 500 locations.
25 May 2019 1:01 PM
Between October and March, debit cards in circulation declined by 73 million despite banks offering cards to new account holders.
24 May 2019 2:25 AM
Darwin Platform Group has offered Rs 14,000 crore to acquire Jet Airways, its CEO Rahul Ganpule said.
15 May 2019 2:49 PM
RBI had cut the key short-term lending rate (repo) by 25 basis points each in its last two policy reviews.
14 May 2019 8:26 PM
SBI had invited binding bids for a stake in the airline, which is saddled with roughly dollar 1.2 billion in bank debt.
11 May 2019 12:42 PM
Surprissingly, another state-owned lender, Bank of Baroda, announced that it has hiked its MCLR by 0.05 per cent with effect from May 7.
11 May 2019 2:29 AM
The state-owned lender had witnessed a net loss of Rs 7,718.17 crore during corresponding January-March quarter 2017-18.
10 May 2019 2:43 PM
Chadha was learnt to have posted earlier in London and has taken charge at SBI Caps more than a month ago.
30 Apr 2019 1:34 AM
The airline has not paid March salaries to its over 20,000 employees. Jet ceased operations on April 17.
29 Apr 2019 2:07 PM
Jason Unsworth is the founder and CEO of Atmosphere Intercontinental Airlines.
25 Apr 2019 1:41 PM
Jet Airways temporarily suspended operations on April 17 as it ran out of cash.
24 Apr 2019 9:10 PM
Jet Airways employees on Monday held a protest here at Town Hall, appealing the Central government to save the private airline.
22 Apr 2019 8:24 PM
Running into debt of more than Rs 8,500 crore, Jet Airways has shut down operations temporarily.
21 Apr 2019 11:34 AM
The SBI-led consortium of lenders are now running the Jet Airways under a debt recast plan.
19 Apr 2019 2:12 PM