Coal India, NMDC emerge as must-watch mining plays as spot prices surge, says Motilal Oswal's Siddhartha KhemkaIndia's mining and metals sectors show strong opportunity with surging coal and iron ore prices, benefiting Coal India and NMDC. Private ba...
PSBs shelve deal to sell drug company loans to NARCLState Bank of India (SBI) and Punjab National Bank (PNB) had given loans to Parenteral Drugs, a contract manufacturer of liquid formulation...
ACRE raises binding offer for debt of Visa SteelACRE, an ARC, has given a revised offer of ₹243 crore as against its previous offer of ₹230 crore, the people said. ACRE was the sole bidde...
SBI to begin a fire auction of NPAs of Rs 746 crore in Oct-NovTo recoup more than Rs 746 crore, the State Bank of India (SBI) has lined up a number of non-performing assets for sale this month and the ...
SBI to Swiss auction KSK loansThe bank decided to hold a Swiss auction to avoid glare from investigative agencies in future, a bank executive said on condition of anonym...
State Bank of India conducts mega e-auctions of 1,000 propertiesBank officials said these were small retail and industrial properties whose owners were defaulting and which the SBI was selling through au...
SBI to conduct e-auction of 11 accounts to recover dues of Rs 467 croreSBI said the financial assets were showcased on Oct 12 and the e-auction will take place on Nov 7. The auction for the accounts will be hel...
Sebi to auction Sahara group's 5 more land parcelsSBI Caps will auction 3 properties at a reserve price of Rs 102 crore, while HDFC Realty will auction two properties at a reserve price of ...
Auction begins for Sahara land parcelsHDFC Realty and SBI Caps have been mandated by Sebi to auction a total of of 61 land parcels for an estimated market value of Rs 6,500 cror...
Sahara auction: Sebi adds 16 land parcels, bid price Rs 650 croreThis has taken the total number of properties of the beleaguered group to be auctioned to 58 with a combined reserve price of nearly Rs 5,0...
Sahara properties to be auctioned at Rs 1,900 crore reserve priceThe auction would be conducted by SBI Capital Markets and HDFC Realty, which have been tasked to auction a total of 61 land parcels, on Jul...
Mines Ministry asks states to consider SBI Capital, MSTC for auctionsMines Ministry has asked states to consider engaging SBI Capital -- the investment banking arm of state-run lender SBI -- as transaction ad...
NDMC ropes in SBI Cap as advisor for Taj Mansingh auctionNDMC, which works under the administrative control of the Union Home Ministry, had got a nod to auction the hotel in March this year.
SBI to e-auction distressed property on June 12SBI, in a public notice today, said it will be conducting a mega e-auction of distressed residential and commercial properties on June 12.
SBI to e-auction distressed properties every quarter nowThe maiden attempt by SBI, which has been fighting a long battle to contain bad loans, to dispose of distressed properties through an e-auc...
SBI sells only 130 properties in e-auction of 300 assets"We sold around 130 properties, largely residential through the e-auction process, realising about Rs 100 crore," a senior SBI official sai...
- No good news from bad loan sales for PSBs
Recent auctions of bad loans by state-owned banks (PSBs) have flopped, with the pricing expectation of these banks proving to be a dampener.