Banks may give up rights to revive housing projectsAt the end of May 2022, around 4.80 lakh units (launched in 2014 or before), worth over ₹4.48 lakh crore, were stuck in various constructio...
26 Jun, 2023, 12.58 AM IST
SWAMIH fund completes over 20,000 homes since inception in 2019SWAMIH is India's largest social impact fund specifically formed for completing stressed and stalled residential projects.
06 Mar, 2023, 12.35 PM IST
India government invests over Rs 5,000 cr more in SWAMIH Investment Fund I to help homebuyersSWAMIH Investment Fund I is India’s largest social impact fund aiming to provide priority debt financing for the completion of stressed, br...
09 Dec, 2022, 12.38 AM IST
SBI subsidiary signs MoU with MEA for Trilateral Development Cooperation FundThe TDC Fund will route India’s commitment of approx. Rs.175 cr. (£17.5 million) to the Global Innovation Development Fund (GIP Fund) – pro...
11 Jul, 2022, 10.27 PM IST
SWAMIH Investment Fund gives final approval to 105 proposalsIn November 2019, the centre had announced a Rs 25,000-crore fund -- Special Window for Affordable & Mid-Income Housing (SWAMIH)-- to help ...
18 Feb, 2022, 07.54 PM IST
NBCC to sell unused FAR of Amrapali projects for Rs 1,500 croreNBCC is involved in the completion of 23 Amrapali housing projects, the cost of completion of which is estimated at about Rs 8,500 crore.
28 Aug, 2021, 11.54 AM IST
Banks interested in funding Amrapali’s stalled projects, says NBCCDays after SBICAP Ventures Ltd, which is managing the government's Rs 25,000-crore special window fund to revive stalled housing projects s...
09 Aug, 2021, 10.44 PM IST
SBICAP Ventures signs MoU to fund six Amrapali projectsMoU has come days after NBCC invites bid to sell embattled real estate developer Amrapali Group’s 5,192 housing units in Noida and Greater ...
04 Aug, 2021, 09.26 PM IST
Realtors should avail last mile finances from Rs 25k cr stress fund: SBICAPMany real estate developers have been complaining that they are not able to get funds from the government-backed Special Window for Afforda...
26 Nov, 2020, 07.54 PM IST
Govt’s stress fund for stuck realty projects sees surge in funding proposalsSBICAP Ventures receives over 100 new applications in one month after lowering return expectations
15 Jun, 2020, 05.42 PM IST
Govt AIF to ensure complete control of funds' end use, no diversion: SBICAP VenturesThe AIF is taking various steps to ensure complete control of the disbursement of funds, the end use and to avoid any diversion of funds. T...
28 Feb, 2020, 07.34 PM IST
SBI arm clears 4 applications for stressed real estate fundAccording to a banking source, more than 100 proposals have already been submitted to SBICAP Ventures by December 31. A source said that se...
09 Jan, 2020, 11.53 AM IST
SC asks SBICAP Ventures to take call in 10 days on funding Amrapali projectsThe top court directed court receiver senior advocate R Venkatramani, who has been appointed custodian of properties of Amrapali Group, to ...
19 Dec, 2019, 12.06 PM IST
SBICAP Ventures achieves first closure of govt’s last-mile fund for stuck projectsSpecial Window for Affordable and Mid-Income Housing Fund (SWAMIH) Investment Fund.
06 Dec, 2019, 09.19 PM IST
SBICAP Ventures launches SME, affordable housing fundsThe SME fund is expecting to raise a corpus of Rs 400 crore, while the affordable housing fund would look at raising Rs 350 crore.
19 Nov, 2018, 04.06 PM IST
SBI to sell up to 49% in i-banking arm SBI CapsSBI Caps had reported a net profit of Rs 327 crore for FY18, up 30% from Rs 252 crore in FY17.
23 May, 2018, 10.21 AM IST
SBI names Praveen Gupta as new MD and CEO of SBI Capital MarketsThe State Bank of India has named Praveen Gupta as its new managing director and chief executive of its merchant banking arm, SBI Capital M...
23 Jun, 2015, 02.27 PM IST