Mumbai: The country's largest lender, State Bank of India (SBI), said on Thursday five of its associate banks would merge with itself from April 2017. "We advise that the Government of India has issued the orders ...under subsection of Section 35 of the State ... Sify, 4 days ago
SBI pushes merger of 5 associate banks, BMB to next fiscal - Deccan Herald, 1 month ago
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State Bank of India (SBI) and three of its listed subsidiaries on Thursday informed the exchanges the Cabinet approval on the planned merger of associates with the parent bank. "We advise that the finance minister, in a press briefing (yesterday), announced ...DNA, 1 week ago Cabinet okays SBI mega merger with 5 associates Rediff.com, 1 week ago Govt gives green signal to merger of SBI, associate banks; no decision regarding Bharatiya Mahila Bank DNA, 1 week ago Cabinet clears decks for merger of SBI and 5 associate banks Deccan Herald, 1 week ago
Madhya Pradesh government would seek a loan from New Development Bank (NDB) for renewal and repair of 1,500-km long district roads of the state. "The state Cabinet chaired by the Chief Minister Shivraj Singh Chouhan decided to seek a loan equal to 70 per cent ...Business Standard, 4 weeks ago
Edible oil firm Ruchi Soya Industries in association with State Bank of India (SBI) today launched an initiative to provide banking assistance to farmers. "To start off, banking assistance will be provided to soybean farmers in Indore, Samwer, ...Business Standard, 2 months ago
Retired employees have been roped in by the Bank Note Press (BNP) at Dewas in Madhya Pradesh to meet the demand for new currency following the cash recall exercise which has triggered a huge liquidity crunch. The facility, managed by Security Printing and ...Deccan Herald, 2 months ago
Reports from Ludhiana, Coimbatore, Moradabad, Tirupur, Indore, Surat, Delhi, Mumbai, Kolkata, Chennai and Hyderabad, suggest the impact of demonetisation is worsening.Arup Roychoudhury, T E Narasimhan, Sharath Chowdary and Ishita Ayan Dutt/Business Standard report. MUMBAI: A month after demonetisation, people wait outside an ATM in Mumbai. Photograph: Satish Bodas/Rediff.com A month after Prime Minister Narendra Modi announced nearly 86% of India's cash in circulation by value would lose their ...Rediff.com, 2 months ago
In the second of a six-part series, Sanjay Jog of Business Standard walks across the streets of Indore to find out how it has been hit by demonetisation. Raju Agarwal, who runs a small engineering unit in the Pithampur industrial area near Indore, has been planning to take his business to the next level. But Prime Minister Narendra Modi’s announcement on demonetisation has changed it all. Suddenly his clients and suppliers are chasing Raju, asking him to fulfill his payment ...Rediff.com, 2 months ago
India's mini Mumbai, the financial capital of central India, Indore is the city of dreams if one believes what CM Shivraj Singh Chauhan has to say about his state's biggest city. With an estimated annual nominal GDP of around Rs 14 billion, its continuing ...catchnews.com, 2 weeks ago
Megastar Amitabh Bachchan and legendary singer Lata Mangeshkar along with Tibetan spiritual leader Dalai Lama have lauded 'Namami Devi Narmade - Sewa Yatra', the ongoing awareness campaign in Madhya Pradesh to conserve river Narmada. Bachchan, Mangeshkar and ...catchnews.com, 3 weeks ago
The Enforcement Directorate (ED) officials today reached Katni to investigate the alleged hawala racket in which funds to the tune of Rs 500 crore were illegally routed using fake bank accounts post-demonetisation. The agency reached Katni and started probe ...Business Standard, 1 month ago
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