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Jet Airways has said that the flights were cancelled over an \unforeseen operational circumstance\ and not because of the protest by pilots. (Photo: Twitter | @jetairways)Business
Jet Airways shares jump over 8 pc on Hinduja stake buy buzz

'Hinduja Group is evaluating the Jet Airways opportunity,' the group said in a statement on Tuesday.

22 May 2019 12:24 PM IST

Jet Airways did not commission the creative being shared on social media platforms, in context of a recent event concerning another domestic airline, the statement said. (Photo: AFP/File)Business
Jet Airways' employees hold protest outside Civil Aviation Ministry

The protests come amid the State Bank of India-led consortium of lenders struggling to find a buyer for the airline.

21 May 2019 1:33 PM IST

The share price of SBI slumped 3.79 per cent to close at Rs 304.45 as the quarterly numbers were below what the market participants had anticipated.Business
RBI needs to go for larger rate cut in June: SBI report

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 IST

The state consumer commission had held Jet Airways responsible for causing losses to a passenger.Business
Jet Airways slumps after reports of Etihad's non-binding offer

Etihad wanted a commitment from banks on additional loans once it infuses equity into the company.

13 May 2019 11:02 AM IST

The share price of SBI slumped 3.79 per cent to close at Rs 304.45 as the quarterly numbers were below what the market participants had anticipated.Business
SBI reports net profit of Rs 838 cr Mar 2019 quarter; trims bad loan...

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 IST

Viral Acharya. (Photo: YouTube screengrab)Business
Early exit of Acharya from RBI not to roil markets: SBI report

In his resignation, he expressed inability to continue beyond July 23, 2019, the RBI said.

24 Jun 2019 7:24 PM IST

State Bank of India, SBI, had earlier reduced minimum balance requirement. (Photo: PTI)Business
SBI to offer home loans on basis of repo rate

In first week of June RBI had lowered the repo rate to 5.75 per cent.

19 Jun 2019 2:20 PM IST

Data analytics major SAS has created a new division to help organisations fight frauds and cyber crimes.Business
Over Rs 2.05 lakh cr frauds in 11 years: ICICI Bank, SBI and HDFC...

SBI reported 6,793 fraud cases involving Rs 23,734.74 crore followed by HDFC which recorded 2,497 cases involving Rs...

12 Jun 2019 3:12 PM IST

Reserve Bank of India (RBI)Business
New RBI norms to give more lenders headroom to resolve large NPAs:...

New framework provides some leeway to lenders and encourages them to refer cases to IBC, said SBI in its report.

11 Jun 2019 7:10 PM IST

Market indices opened sharply higher on Thursday, with the Sensex rising 383.96 points to 33,403.03 and the Nifty gaining 124.10 points at 10,252.50.Business
Six of top-10 firms lose Rs 34,590 crore in m-cap

SBI's m-cap dropped Rs 9,727.83 crore to Rs 3,04,909.35 crore and that of RIL tumbled Rs 9,159.92 crore to Rs...

9 Jun 2019 10:31 AM IST

The move is aimed at not only freeing up capital for banks for further lending but also slash borrowing costs for well-rated NBFCs. (Photo: ANI)Business
RBI assures all help to troubled NBFCs; SBI monitoring exposure to...

RBI is committed to ensuring a robust and well-functioning NBFC sector, said Das.

7 Jun 2019 9:03 AM IST

The share price of SBI slumped 3.79 per cent to close at Rs 304.45 as the quarterly numbers were below what the market participants had anticipated.Business
Reviewing exposure to auto dealers; will ensure industry do not...

SBI is one of the biggest credit providers to auto dealers and individuals (auto loans), the bank said in a statement.

31 July 2019 6:24 PM IST

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