IRCTC (Indian Railway Catering and Tourism Corporation) and SBI have joined hands to give monetary benefit to the Indian railway passengers. To attract maximum railway travelers the IRCTC and SBI have developed a new system in which a passenger booking Indian Railway
The State Bank of India on Monday filed a recovery suit against Prashant and Ravi Ruia, before the Debt Recovery Tribunal (DRT) here in Gujarat. Essar Steel Lenders led by the SBI are saddled with dues of over Rs 63,000 crore, including overdue interest and penalties.
SBI Platinum Credit Card for IRCTC: Two of the biggest companies in their respective domains – State Bank of India and Indian Railways Catering and Tourism Corporation (IRCTC) have come together to offer various benefits to passengers of the Indian Railways.
State Bank of India has done well to approach the Supreme Court to challenge the National Company Law Appellate Tribunal (NCLAT) asking the Committee of Creditors (CoC) to reconsider its decision in the Essar Steel matter so as to ensure that operational creditors
State owned Power Finance Corporation (PFC) on Thursday became the promoter of REC Ltd as it acquired the management control of the power sector lender, PFC chairman and managing director Rajeev Sharma said.
Indian Railways: Booking train ticket? Besides IRCTC, passengers have options of these apps too from Paytm to SBI Buddy
Indian Railways Train Ticket Booking: Apps are very convenient to use and fast, as most of the information are already saved. Railway passengers have now many app options to book Railway tickets.
The Ruias have got backing of JSW Steel Chairman and Managing Director Sajjan Jindal, and there is a possible financial support coming from Russia’s VTB Bank in their bid to retain Essar Steel, their crown jewel.
Banks are close to restructuring the Rs 22,000-crore outstanding debt at Jaiprakash Power Ventures (JPVL) by finding a buyer for the cement grinding unit and transmission line, aiming to bring down the loans at the struggling power
The possibilities of further delays in debt resolution under the Insolvency and Bankruptcy Code (IBC) and the need to free up capital is being cited as among the reasons for the State Bank of India’s (SBI)
Prashant Jain, joint managing director and CEO of JSW Energy, believes there will be a quicker and better resolution if the stressed power assets go to National Company Law Tribunal (NCLT).