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Jet Airways in talks with SBI for Rs 1,500 crore loan

Monday, December 31, 2018, 8:01 AM

Loss-making carrier Jet Airways is in discussions with the State Bank of India for raising Rs 1,500 crore short-term loan to meet its working capital requirement and some payment obligations, a source said. Jet Airways strategic partner and Middle-east carrier Etihad, which holds 24 % stake in the Indian full service carrier, is likely to provide guarantee for the loan, he said.
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Bank strike on Wednesday, services to be affected

Tuesday, December 25, 2018, 10:15 PM

Services of state-owned banks are expected to be impacted Wednesday due to a-nation-wide strike call given by unions to protest against proposed amalgamation of Vijaya Bank and Dena Bank with Bank of Baroda. This will be second-bank strike in less-than-a-week. Last Friday, an officers' union of state-run banks observed a-day-long strike to protest against the merger and also demanded immediate settlement of wage negotiations.
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SBI may block your netbanking services from December 1

Friday, November 30, 2018, 8:46 AM

Some customers of SBI, country's largest public lender, will not be able to access internet-banking facility if they do not link their mobile number with their respective accounts. Customers who fail to register their mobile number with the bank will lose access to internet banking services from December-1, 2018. Non-internet banking customers can visit the nearest SBI branch to register their respective mobile number.

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