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SBI transformed from being in loss in 2018 to USD 100 bn company, due to regulatory reforms by RBI: Governor Malhotra
The Economic Times· 2025-11-07 13:57
Addressing the SBI Banking and Economics Conclave 2025 in Mumbai, Governor Malhotra said that the transformation of India's banking sector was made possible by a strong regulatory framework and key policy measures introduced by the RBI and the government."The SBI Chairperson was just now mentioning, as we entered, that in 2018, they were in a loss. And today they are a USD 100 billion company," he noted.He emphasized that the introduction of the These measures, he said, encouraged greater discipline among ...
Jindal Power receives CCI approval to acquire Jaiprakash Associates
MINT· 2025-10-01 01:32
New Delhi, Sep 30 (PTI) Fair trade regulator CCI on Tuesday said it has given in-principle approval to Naveen Jindal-led Jindal Power's proposal to acquire debt-ridden Jaiprakash Associates, should it win a bid in the ongoing insolvency proceeding.Apart from Jindal Power, the proposals of PNC Infratech, Adani Group and Dalmia Bharat for JAL acquisition have been cleared by the regulator."Commission approves acquisition of Jaiprakash Associates Limited by Jindal Power Ltd," the regulator said in a post on X. ...