Page 7 - State Bank Of India Sbi
YES Bank fallout: Troubled borrowers may soon face a serious credit crunch
A substantial portion of YES Bank's corporate loans are "bilateral transactions", and fall outside the pale of consortium lending.
 "YES Bank fallout: Troubled borrowers may soon face a serious credit crunch")
Yes Bank crisis: Working to restore all services soon, says Kumar
Before the RBI action, YES Bank had deferred announcement of its earnings for the 3rd quarter of 2019-20 to March 14 or before. "I think we are going to declare our results on March 14th," Kumar said.
 "Yes Bank crisis: Working to restore all services soon, says Kumar")
YES Bank zooms on reports SBI may pick stake; SBI recoups early losses
YES Bank has been struggling to raise capital for months. It also had to postpone its December 2019 quarter results as the fundraising process consumed most of its top management's time.
 "YES Bank zooms on reports SBI may pick stake; SBI recoups early losses")
Black Friday, again: Here are three key reasons why market crashed today
Banking stocks took a beating on Friday following developments around YES Bank. The private lender's board was superseded by the Reserve Bank of India (RBI)
 "Black Friday, again: Here are three key reasons why market crashed today")
End of a long rope
There's need for an insolvency framework for financial sector
 "End of a long rope")
Coronavirus, not developments at YES Bank, will determine market direction
The health scare would taper-off in India also in a matter of a few weeks/months, based on the quantum of spurt in the initial stages and also depending upon the possible role of temperature.
 "Coronavirus, not developments at YES Bank, will determine market direction")
Best of BS Opinion: YES Bank fallout, Data Protection Bill, and more
Business Standard Opinion pieces for the day talk YES Bank's fallout, Data Protection Bill among other issues.
Chidambaram calls SBI plan for YES Bank bizarre, attacks Modi govt
Blames Centre for being oblivious to a 35% spike in private lender's loan book since 2014, hints that SBI was arm-twisted into the deal
 "Chidambaram calls SBI plan for YES Bank bizarre, attacks Modi govt")
Hero Group's Munjal hails IBC, says India's regulatory framework improving
Sunil Kant Munjal says country is going through 'pain of transition', sees consumption picking up in 2-3 months, isn't too worried about coronavirus
 "Hero Group's Munjal hails IBC, says India's regulatory framework improving")
SBI says YES Bank survival crucial, can invest up to Rs 10,000 cr in it
SBI chief asserts private lender's failure could have huge implications for economy, says many co-investors have evinced interest afte reading RBI draft
 "SBI says YES Bank survival crucial, can invest up to Rs 10,000 cr in it")
YES Bank crisis: Raising capital immediate priority, says Prashant Kumar
YES Bank would be run independently and focus will be on turnaround to make it a robust bank and a good investment, Kumar said
 "YES Bank crisis: Raising capital immediate priority, says Prashant Kumar")
Moratorium on YES Bank is credit negative, highlights uncertainty: Moody's
YES Bank will not be able to grant or renew any loan or advance, make any investment, incur any liability or agree to disburse any payment
 "Moratorium on YES Bank is credit negative, highlights uncertainty: Moody's")
ATM queues to govt assurance: YES Bank crisis in pictures
RBI on Friday unveiled 'Scheme of Reconstruction' for Yes Bank, saying that the SBI has expressed willingness to invest in the crisis-ridden lender
Market Wrap, March 6: Sensex tanks 894 pts, Nifty at 10,989
On a weekly basis, Sensex dropped 1.8 per cent while Nifty lost 1.89 per cent
 "Market Wrap, March 6: Sensex tanks 894 pts, Nifty at 10,989")
Market Wrap, March 5: Sensex gains 61 pts; Nifty at 11,269
On the sectoral front, PSU banks and FMCG stocks made decent gains while realty, metal. and media counters suffered losses
Want to assure YES Bank depositors that their money is safe: FM Sitharaman
She added that the people can withdraw money to deal with tough situations and the cash crunch is being dealt with
 "Want to assure YES Bank depositors that their money is safe: FM Sitharaman")
YES Bank fallout: SBI Cards may see some negative impact on listing
A plan to infuse capital in YES Bank where it continues to function as a separate entity just like LIC investing in IDBI Bank, would be a big positive for all the concerned stakeholders, analysts say
 "YES Bank fallout: SBI Cards may see some negative impact on listing")
SBI board approves exploring 'investment opportunity' in YES Bank
A rescue plan involving SBI and Life Insurance Corporation of India was being discussed and an announcement in this regard might be made soon
 "SBI board approves exploring 'investment opportunity' in YES Bank")
YES Bank tumbles 85% after RBI imposes moratorium; SBI plunges 11%
YES Bank has registered slippages of Rs 12,000 crore so far in FY20, while it has placed Rs 30,000 crore of loan assets under the watch list.
 "YES Bank tumbles 85% after RBI imposes moratorium; SBI plunges 11%")
NSE puts restrictions on YES Bank shares, no bank guarantees to be accepted
The bank has also experienced serious governance issues and practices in the recent years which have led to steady decline of the bank
 "NSE puts restrictions on YES Bank shares, no bank guarantees to be accepted")
