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SBI tags Vijay Mallya, United Breweries Holdings as wilful defaulters
India TV

SBI tags Vijay Mallya, United Breweries Holdings as wilful def...

After a protracted legal battle, State Bank of India (SBI) has declared industrialist Vijay Mallya a 'wilful defaulter' for defaults on nearly Rs 7,000 crore loans to the long-grounded Kingfisher Airlines. "SBI has declared Mallya, Kingfisher ... India TV, 6 days ago
Business Insider India

Obama nominates Dandekar for bank post [The Gazette, Cedar Rapids, Iowa]

Nov. 21--Swati Dandekar, a former Iowa state legislator, has been nominated by President Barack Obama to be United States executive director with the Asian Development Bank. Dandekar, 64, of Marion will hold the rank of ambassador. Her nomination ...
 Bloomberg1 week ago Barack Obama names Indian-origin Swati Dandekar as Asian Development Bank director  Business Insider India1 week ago Barack Obama nominates Swati Dandekar as Asian Development Bank's Executive Director  MyInforms1 week ago Obama Nominates Swati Dandekar To Asian Development Bank  News India Times1 week ago
Business Today India

Government mulls merger of Bharatiya Mahila Bank into State Bank of India

NEW DELHI: Bharatiya Mahila Bank (BMB) may be absorbed by State Bank of India if a plan being considered by the government is accepted, said two officials aware of the matter. This would considerably reduce the scope of the United Progressive ...
 Economic Times1 day ago Top 8 stocks that trended on D-Street today  Business Today India1 day ago IDBI Bank strike today to oppose privatisation plans  ZeeNews.com1 day ago IDBI Bank strike tomorrow to oppose privatisation plans  Economic Times2 days ago

Foreign investors get nod to buy bonds in default

By Mail Today Bureau in Mumbai THE Reserve Bank of India ( RBI) has allowed foreign investors to buy corporate bonds that are either totally or partly in default as part of the strategy to boost the distressed debt market, which is still in its ...
 Yahoo! India2 days ago 3 foreign banks snap up 90% of India state government debt  Oman Tribune4 days ago Foreign banks buy state bonds  Asian Age4 days ago Foreign banks grab 90% of Indian state government bonds  International Business Times India4 days ago

United Bank of India hikes base rate by 25 basis points

Pending the audit's completion, the loan sanctioning power was limited to Rs 10 cr BS Reporter | Kolkata February 14, 2014 Last Updated at 00:22 IST United Bank of India on Thursday announced a raise in its base rate or minimum lending rate by 25 ...
 Business Standard India1 week ago

State Bank launches easy personal gold loan

ate Bank of India launched a new variant of personal gold loan Gold Loan Overdraft. Addressing a Press meet here on the occasion, Chief General Manager, Bhubaneswar Circle B Venugopala Reddy said earlier gold loan was sanctioned in form of demand ...
 New Delhi Pioneer1 week ago

JK among worst states for business: World Bank report

Gets 29th rank among 32 States assessed for All India Assessment of Business Reforms MUKEET AKMALI Srinagar, Publish Date: Nov 16 2015 12:02AM | Updated Date: Nov 16 2015 1:13AM File Photo While the ruling Peoples Democratic Party leadership ...
 Greater Kashmir1 week ago

Tata front runner for GE Capital's stake in SBI Cards

The state-owned State Bank of India partnered GE Capital in 1998 for its credit card business. Tata Sons, the holding company for the $109 billion Tata Group, has put its weight behind a bid for GE Capital's stake in SBI Cards valued at Rs 2,000 crore (Rs 2 billion).  Bombay House, the Tata Group's headquarters, is working on a bid that will combine the strength of non-banking finance company (NBFC) Tata Capital and software giant Tata Consultancy Services.  GE in April decided to ...
 Rediff.com2 months ago
Business Insider UK

HSBC is shutting down its private banking unit in India

People walk past the head office of HSBC bank in Mumbai November 20, 2008. MUMBAI (Reuters) - HSBC Holdings Plc is shutting its private banking unit in India, marking the exit of another foreign bank from the cut-throat wealth management business ...
 Business Insider UK22 hours ago

IDBI employees on one-day strike

New Delhi, Nov 27: More than 30,000 employees of the Industrial Development Bank of India (IDBI) went on a one-day nationwide strike today to what they said was an attempt by the NDA government to create an Axis Bank-like structure for the private ...
 Newshence.com1 day ago IDBI Bank Employees Observe Strike Against Privatisation Plans  New Indian Express1 day ago IDBI Bank employees go on strike after govt dilutes stake  DNA India1 day ago IDBI Bank union to strike today to oppose stake sale move  Financial Express2 days ago
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