SBI has a plan ready to cash in on India’s shadow bank crisis

New Delhi, Jan 17 (PTI) Jet Airways Chairman Naresh Goyal has told the State Bank of India (SBI) that he is ready to invest up to Rs 700 crore in the airline on the condition that his stake does not f

Bankruptcy is the "last option" for Jet Airways, State Bank of India’s (SBI) chairman said on Wednesday, adding that it might still be possible to draft in a new investor to keep the airline flying. "We believe it is in everybody’s interest that Jet Airways continues to fly," SBI chairman.

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Lenders of Jet Airways have been working on a resolution plan for last five months and it is almost ready, Kumar said New Delhi: Lenders, led by the SBI, are trying to revive debt-laden Jet Airways by a change in management as they feel collapse of the airline will not be good for consumers and competition, a source said after the SBI chief met.

A consortium of 26 lenders led by State Bank of India (SBI), with 51% stake in the debt trapped airline, has. plan was built on the premise of that circular. “As more and more flights were grounded.

Bank branches in India not dead; old-style branches a dying breed. Looking at the steep decline in bank branches around the world in the past years, one might think their future is doomed, particularly considering the bulk of global economy is moving to digital transactions, automated investment advice and cashless payments.

Case-Shiller: Despite economic growth, home price gains continue to lag Prices are slowing down, the job market continues its rebound, and interest rates are at historic lows. But will current economic conditions let them take advantage? home prices rose at a weaker.

SBI has announced plans to launch an omni-digital banking and lifestyle platform called YONO, which stands for ‘You Only Need One’.. the State Bank of India. The move was aimed to help.

Centre is ready to sell surplus govt land to generate cash to ease financial pressures, as suggested by Vijay. Read More NEW DELHI: The Centre is ready with an ambitious plan to sell surplus.

SBI Investment Plans for 5 Years August 20, 2019 August 24, 2019 Sonia Nagpal 16792 Views 0 Comment SBI Investment Plans , sbi investment plans for 5 years , top 5 sbi investment plans You may adopt a habit to save a proportion of your income, but it does not provide handsome returns and may be able to meet your short-term needs only.

RBI constitutes panel to suggest ways to deepen housing finance securitisation market REVISIONS TO THE GUIDELINES ON TRANSFER OF ASSETS THROUGH SECURITISATION AND DIRECT ASSIGNMENT OF CASH flows introduction securitisation involves pooling of homogeneous assets and the subsequent sale of the cash flows from these asset pools to investors. The securitisation market is