"This need to be aligned to the best corporate practices. The shareholding needs to come down to at least 52 per cent in the first phase. As and when ...
SBI to Give 1500 Cr Loan to Jet Airways
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 ...
SBI to Raise $1.25 Bn by Issuing Foreign Currency Bonds
Bank's executive committee of central board meeting is scheduled to take place on Thursday to consider the proposal, SBI said in a regulatory filing.
SBI to Raise Rs 20 Thousand Crore
SBI unleashed its plan to raise up to Rs 20,000 crore through various modes, including a follow-on public offer (FPO), to fund its growth. The shareh...
SBI Chief Believes that IL&FS Crisis To End Soon
It is an engineering, procurement and construction (EPC) contractor, holding assets as well as its finances - it was a 3-in-1, Kumar said, adding that...
SBI Goes Innovative By Bringing Festive Offer With SBI YONO
India’s largest lender State Bank of India (SBI) took one step ahead with its SBI Yono card, by launching a new feature card under the brand and...
SBI to Buy Selected Assets Worth Rs 45,000 Cr from Crisis Gripped NBFCs From IL&FS Default
"This is a good commercial opportunity for the bank to increase the loan portfolio as NBFC assets are available at attractive rates," SBI Managing Dir...
RBI & SEBI on Alert Mode and Set to Monitor Financial Markets
Reserve Bank of India (RBI) and Sebi as a surprising move said they are "closely monitoring" activities in the financial markets and ready to take app...
HDFC Bank May Increase Loan Rates Following SBI and ICICI Bank
State Bank of India (SBI) and ICICI Bank have revised their marginal cost based lending rate (MCLR) effective September 1. HDFC Bank may also revise M...
SBI Expects 7.7 pc of GDP Growth
Lending major State Bank of India (SBI) on Wednesday said that its Composite Leading Indicator (CLI) has hinted a GDP growth of 7.7 percent during the...