SBI Life to take over Sahara India Life’s insurance biz

SBI Life to take over Sahara India Life’s insurance biz

India’s insurance regulator has directed SBI Life Insurance Company to take over a unit of Sahara In..

SBI gets Rs 17,000 cr of Rs 2,000 notes deposited or exchanged: Chairman Khara

SBI gets Rs 17,000 cr of Rs 2,000 notes deposited or exchanged: Chairman Khara

The State Bank of India (SBI) has so far collected an estimated Rs 17,000 crore worth of Rs 2,000 no..

Rs 2,000 withdrawal to have favourable impact on bank deposits and interest rates: SBI study

Rs 2,000 withdrawal to have favourable impact on bank deposits and interest rates: SBI study

The withdrawal of Rs 2,000 currency note is likely to be a non-event but it will have a favourable b..

SBI’s annual profit crosses Rs 50,000 crore for first time

SBI’s annual profit crosses Rs 50,000 crore for first time

State Bank of India’s full-fiscal net profit has crossed Rs 50,000 crore, making it the first lender..

RBI clears SBI Funds to acquire up to 9.99% stake in HDFC Bank

RBI clears SBI Funds to acquire up to 9.99% stake in HDFC Bank

The Reserve Bank of India (RBI) has allowed asset management company SBI Funds Management to acquire..

SBI raises $750 mn via 5-year bonds

SBI raises $750 mn via 5-year bonds

State Bank of India, the country’s largest lender, has concluded the sale of $750-million senior 5-y..

SBI to raise $2 bn via debt in FY24

SBI to raise $2 bn via debt in FY24

State Bank of India (SBI) will raise up to $2 billion in debt in the current financial year.The comp..

Canara Bank sells JV stake in Russia to SBI for Rs 121 crore

Canara Bank sells JV stake in Russia to SBI for Rs 121 crore

Canara Bank has sold its stake in Commercial Indo Bank LLC (CIBL) to joint venture partner State Ban..

SBI to increase base rate by 70 basis points

SBI to increase base rate by 70 basis points

State Bank of India (SBI) will raise its base rate and Benchmark Prime Lending Rate (BPLR) from 15 M..

SBI raises Rs 3,717 crore via AT-1 bonds at 8.25%

SBI raises Rs 3,717 crore via AT-1 bonds at 8.25%

State Bank of India (SBI) has raised Rs 3,717 crore through the issuance of additional tier-1 bonds ..

SBI plans branch expansion, SME loan growth in Odisha

SBI plans branch expansion, SME loan growth in Odisha

State Bank of India (SBI) is looking to aggressively grow its business in Odisha through lending to ..

Banks may see rise in bad loans from retail, MSME segments: SBI MD

Banks may see rise in bad loans from retail, MSME segments: SBI MD

For Indian banks, the retail and MSME segments could see a rise in bad loans even as they flag high ..

Adani firms pledge additional shares for SBI

Adani firms pledge additional shares for SBI

Three Adani group companies have pledged additional shares for State Bank of India (SBI), Reuters re..

SBI sees demand for ECBs reviving in FY24 amid rate hikes

SBI sees demand for ECBs reviving in FY24 amid rate hikes

State Bank of India (SBI) is expecting overseas fundraising of Indian companies to gather pace in th..

SBI chairman on loan exposure, further lending to Adani Group

SBI chairman on loan exposure, further lending to Adani Group

State Bank of India has an exposure of around Rs 27,000 crore to the Adani Group, there are no conce..