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  • Greater Noida developer receives Rs 249 crore from SBICap to complete stuck project

    Panchsheel Greens II is the second project in Greater Noida which has received financial assistance from the stressed fund. Earlier, Rs 165 crore was sanctioned to the Capital Athena project.

  • SBICAP Fund accords final approval to 80 stressed real estate projects consisting of 50,000 homes

    SBICAP Fund accords final approval to 80 stressed real estate projects consisting of 50,000 homes

    Of these 80 stressed real estate projects that SBICAP Fund has accorded final approval to, 33 are from Delhi-NCR and will see the completion of around 28,000 homes.

  • Mantri Developers becomes first project in Bengaluru to secure funding from SWAMIH Fund

    Mantri Developers becomes first project in Bengaluru to secure funding from SWAMIH Fund

    The funding will be utilized for the construction and completion of its project Mantri Serenity.

  • SBICAP-managed stressed fund approves 20 new proposals, clears investment worth Rs 1300 crore

    SBICAP-managed stressed fund approves 20 new proposals, clears investment worth Rs 1300 crore

    This takes the total number of proposals approved for the Special Window for Completion of Construction of Affordable and Mid-Income Housing Projects (SWAMIH I) to 101 and the total investments to over Rs 10,000 crore

  • Over 80 stressed housing projects to get funding of over Rs 8,700 crore under SWAMIH Fund

    Over 80 stressed housing projects to get funding of over Rs 8,700 crore under SWAMIH Fund

    Investments in 18 projects have been given final clearance and disbursement is at various stages across 7 residential projects; Builders and buyers welcome the move

  • Exclusive | Real estate AIF clears Rs 540 cr for two stuck projects; funds available for construction which is to begin immediately

    Exclusive | Real estate AIF clears Rs 540 cr for two stuck projects; funds available for construction which is to begin immediately

    The two deals are expected to unlock a capital of Rs 3,000 crore and provide relief to 1,800 homebuyers, benefiting over 8,500 people, a top official of SBI Capital Markets told Moneycontrol.

  • Stressed realty projects fund: 4 of 200 applications approved, says Niranjan Hiranandani

    Stressed realty projects fund: 4 of 200 applications approved, says Niranjan Hiranandani

    The four approved in the first round are of Rs 25 crore each. As many as 2.5 lakh housing units expected to benefit

  • Auction of 60 offshore mineral blocks in first phase: Govt

    Auction of 60 offshore mineral blocks in first phase: Govt

    The government will soon come out with redrafted rules with regard to exploration and mining in offshore mineral blocks and allot 60 blocks under auction route in first phase, a move that will bring transparency and efficiency in the process, a top official said.

  • Sahara properties to be auctioned at Rs 722 cr reserve price

    Sahara properties to be auctioned at Rs 722 cr reserve price

    HDFC Realty has been asked to auction a total of 31 land parcels at Rs 2,400 crore, while SBI Cap has been tasked to auction another 30 land properties with an estimated market value of about Rs 4,100 crore.

  • Hindustan Aeronautics to hit markets by December-end

    Hindustan Aeronautics to hit markets by December-end

    The government in 2013 appointed four merchant bankers- SBI Cap, Goldman Sachs, Barclays and Axis Capital -for managing the stake sale of HAL.

  • Sebi imposes Rs 2.5 cr fine on Electrosteel, IPO bankers

    Sebi imposes Rs 2.5 cr fine on Electrosteel, IPO bankers

    Electrosteel group incidentally has also been named in the coal scam and the Sebi order follows its probe into complaints that the company did not disclose in IPO documents that its proposal for an iron ore mine in Jharkhand was rejected by the Ministry of Environment and Forest.

  • PNB Q2 profit rises 8%, other income tanks; NPA falls QoQ

    PNB Q2 profit rises 8%, other income tanks; NPA falls QoQ

    The public sector lender says advances (loan book) in quarter ended September 2015 rose by 6.7 percent to Rs 3.8 lakh crore and deposits increased by 14 percent to Rs 5.4 lakh crore compared to corresponding quarter of previous fiscal.

  • SME: Should you subscribe to Bothra Metals & Alloys IPO?

    SME: Should you subscribe to Bothra Metals & Alloys IPO?

    Bothra Metals is making a public offer of 48.84 lakh shares of Rs 10 each at a fixed price of Rs 25 a piece aggregating to Rs 12.21 crore.

  • L&T better placed compared to its peers: SBI Cap

    L&T better placed compared to its peers: SBI Cap

    In an interview to CNBC-TV18, Nirav Vasa of SBI Cap said that L&T is better placed compared to its peers right now. The cost of debt for L&T is the lowest in the entire industry and this is a positive thing for the company.

  • HCL Technologies can touch Rs 450: Sanjay Vaid

    HCL Technologies can touch Rs 450: Sanjay Vaid

    HCL Technologies can touch Rs 450, says Sanjay Vaid, Sr Vice President and Co-Head of Equities, SBI Cap.

  • Book some profits in HUL: Sanjay Vaid

    Book some profits in HUL: Sanjay Vaid

    Book some profits in Hindustan Unilever (HUL), says Sanjay Vaid, Sr Vice President and Co-Head of Equities, SBI Cap.

  • Hold ONGC, says Sanjay Vaid

    Hold ONGC, says Sanjay Vaid

    Hold ONGC, says Sanjay Vaid, Sr Vice President and Co-Head of Equities, SBI Cap.

  • Cairn India has target of Rs 326: Sanjay Vaid

    Cairn India has target of Rs 326: Sanjay Vaid

    Cairn India has medium term target of Rs 326, says Sanjay Vaid, SBI Cap.

  • Tata Motors has support at Rs 138-139: Sanjay Vaid

    Tata Motors has support at Rs 138-139: Sanjay Vaid

    Tata Motors has support at Rs 138-139, says Sanjay Vaid, SBI Cap.

  • ACC can test Rs 1080: Sanjay Vaid

    ACC can test Rs 1080: Sanjay Vaid

    ACC can test Rs 1080, says Sanjay Vaid, SBI Cap.

  • NTPC can move to Rs 204-205: Sanjay Vaid

    NTPC can move to Rs 204-205: Sanjay Vaid

    NTPC can move to Rs 204-205, says Sanjay Vaid, Sr Vice President and Co-Head of Equities, SBI Cap.

  • IVRCL can test Rs 50, says Sanjay Vaid

    IVRCL can test Rs 50, says Sanjay Vaid

    IVRCL can test Rs 50, says Sanjay Vaid, Sr Vice President and Co-Head of Equities, SBI Cap.

  • Tata Steel can test Rs 650: Sanjay Vaid

    Tata Steel can test Rs 650: Sanjay Vaid

    Tata Steel can test Rs 650 in long term, says Sanjay Vaid, Sr Vice President and Co-Head of Equities, SBI Cap.

  • Hold Coal India, says Sanjay Vaid

    Hold Coal India, says Sanjay Vaid

    Hold Coal India, says Sanjay Vaid, Sr Vice President and Co-Head of Equities, SBI Cap.

  • Some pain left in PSU bank: Sanjay Vaid

    Some pain left in PSU bank: Sanjay Vaid

    Some pain left in PSU bank, says Sanjay Vaid, Sr Vice President and Co-Head of Equities, SBI Cap.

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