India Inc. faces ₹7.13 lakh crore climate change risk
Foreign investors want top corporates to come clean on their green strategy.
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Economy showing signs of revival: SBI chairman Khara
Dinesh Khara took over as chairman of the State Bank of India at the peak of the pandemic. Talking to Fortune India, Khara says he believes that FY22 is already showing signs of a revival.
20% NPA in Mudra loans: SBI chairman
The stress in the economy—on the back of the second Covid wave—is showing up on the Mudra and MSME portfolios of the SBI.
Growth signs visible: SBI chairman
State Bank of India (SBI) —the country’s largest lender by assets—does not expect FY22 to be a complete washout year like FY21.
SBI to park ₹20,000 crore NPAs in bad bank
The country’s biggest lender will transfer the accounts in phases by the end of FY22.
YONO to be Super App, won’t be spun off: SBI
YONO will not be hived off as a separate fintech arm but will be instead monetised as an open banking platform.
SBI loan to Adani’s Australia coal project stuck
State Bank of India's ₹5,000 crore loan to Adani’s Carmichael coal project is stuck. Exposure is subject to approval from local government, says SBI chairman Dinesh Khara to Fortune India.
The consistent outliers of D-Street
Fortune India’s second edition of the Top 100 Wealth Creators sees 32 companies staying put from the 2019 list, despite the once-in-a-century survival challenges posed by the Covid-19 pandemic.
Indian banks may scramble to buy Citi India assets
Analysts and bankers believe that the high quality retail banking division will get a raft of suitors.
Has Covid-19 made PSBs more vulnerable?
While Indian banks' improved financial metrics do not fully reflect the impact of the Covid-19 pandemic, the under–capitalised PSBs are likely to remain risk averse and lose market share.
