Alekh Archana
Stories by Alekh Archana
State Bank of India to hire merchant banker for sale of non-core assets
SBI has stakes in stock exchanges, depositories, clearing and warehousing corporations, and credit rating agencies
India: Canara Bank seeks bids for 70% stake sale in factoring service arm
The base price, a minimum realisation expected from the transaction, is set at Rs90 crore.
PNB-led lenders group look to sell stake in Jindal India Thermal Power
Lack of availability of coal and higher interest costs are the key reasons for JITPL’s financial stress.
India: IDBI Bank steps up sale of non-core assets, looks to offload 5% in CCIL
Bank seeks to strengthen its weak capital base through the sale of assets not central to its main business.
