State Bank of India country’s largest lender seems to be somewhat concerned about its margins in overseas business. The public sector lender is also in the process
State Bank of India plans to raise $500-$600 million worth of offshore external commercial borrowings in three to four months time, a senior executive said on Tuesday.
India's largest lender
SBI has mopped up one billion dollars in an international bond sale programme, according to one of the merchant bankers Citigroup.
"SBI successfully sold its five-year senior unsecured bond (REG
Country's largest bank SBI will discontinue a free accident insurance cover given to its home and car loan customers from July this year.
In a notification to its customers, the
Armed with a favourable order from the Bombay High Court, the State Bank of India today said the lenders to the Vijay Mallya-promoted Kingfisher Airlines will continue selling shares of
The lead banker to Kingfisher Airlines, SBI today said it is taking all steps to recover the loan provided to the grounded carrier.
"We are blazing all guns and taking
State Bank of India today said it has fixed issue price of Rs 2 312. 78 a share for preferential allotment to the government to raise Rs 3 004 crore
Kingfisher Airlines needs to invest at least Rs 2,000 crore to restart its operations, said one of its lender SBI's chairman Pratip Chaudhuri.
SBI is the lead banker in the
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