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UB Group takes lenders to court

UB Holdings Ltd and its chairman, Vijay Mallya, have taken the company’s 17 lenders, including SBI Caps Trustee Company, to the Bombay High Court against the recovery process initiated by......

Bankers fret over SBI Caps' Kingfisher loan proposal

For the second time in as many months, SBI Caps is in the line of fire from bankers for approaching them with a raw deal.In January, banks had rejected SBI Caps' initial proposal on Air India's......

AI accepts debt restructuring plan

Air India said on Wednesday it has accepted the corporate debt restructuring package first prepared by SBI Caps and then vetted by Deloitte."Air India has accepted the CDR package submitted by......

SBI Caps to prepare Air India growth plan

Ahead of a high level committee vetting its restructuring plan, government has appointed SBI Caps to prepare a growth plan for the cash-strapped national carrier Air India."We have appointed SBI......

GE Caps, SBI extend ties to insurance

The State Bank of India and GE Capital Services are extending their credit card marketing partnership in India to the insurance sector as a corporate agent.SBI Cards and Payment Services Pvt Ltd is......
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Raghuram Rajan

Stressing that cleaner balancesheets will lead to future loan growth for banks, RBI chief Raghuram Rajan on Thursday said a "deep surgery" is must... ...

http://www.dnaindia.com/money/report-deep-surgery-needed-to-clean-up-balance-sheets-for-future-loan-growth-for-banks-raghuram-rajan-2176700
Markets' crash wipes out Rs 3 lakh crore in investor wealth

An over 800 point fall in the S&P BSE Sensex has seen Investors lost an over Rs three lakh crore in just one session today. The investors' wealth... ...

http://smartinvestor.business-standard.com/market/Marketnews-365787-Marketnewsdet-Markets_crash_wipes_out_Rs_3_lakh_crore_in_investor_wealth.htm
SBI reverses gains after reporting poor Q3 results

State Bank of India declined 1.79% to Rs 156.10 at 14:05 IST on BSE after net profit fell 61.67% to Rs 1115.34 crore on 6.73% rise in total income... ...

http://www.capitalmarket.com/CMEdit/story2-0.asp?SNo=840880
Sensex Slumps 800 Points, Nifty Settles at its Lowest Since May 2014

3:31 p.m.: Stock markets closed at their lowest levels since May 2014. The Sensex slumped 807 points to close at 22,951.83 and Nifty plunged 239... ...

http://profit.ndtv.com/news/market/article-sensex-to-showcase-a-gap-down-opening-on-global-selloff-1276129
Sensex plunges below the 23,000-mark

The Sensex and the Nifty hit an intra-day low of 22,909 and 6,960 levels respectively today.  Markets attained fresh 52-week closing low with... ...

http://www.rediff.com/money/report/how-the-markets-fared-on-february11/20160211.htm

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