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Business News on State Bank of India
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SBI to raise Rs 15,000 crore through public issue

2.06 pm | 28 Jan 2015 |  Source: PTI

State Bank of India (SBI) will raise Rs 15,000 crore through a public offer including rights issue to fund business and meet global capital adequacy n...

Suzlon can now return to black: SBI boss at Davos 

4.10 pm | 22 Jan 2015 |  Source: CNBC-TV18

State Bank of India chairman Arundhati Bhattacharya feels the Suzlon did the right thing by selling its overseas arm. The company can repay debts, imp...

Suzlon sells German arm Senvion for euro 1 bn; to cut debt

9.01 am | 22 Jan 2015 |  Source: Moneycontrol.com

Suzlon said it will repay domestic term loans worth Rs 5000 crore with the proceeds from the sale of its German arm Senvion...

NTPC signs Rs 10,000 cr term loan agreement with SBI

1.56 pm | 16 Jan 2015 |  Source: PTI

NTPC has signed a term loan agreement of Rs 10,000 crore with state-run lender State Bank of India (SBI) for partially funding its capital expenditure...

Ratnagiri Gas & Power still a standard asset: IDBI

11.08 am | 15 Jan 2015 |  Source: CNBC-TV18

BK Batra, executive director and group head-corporate banking, IDBI Bank says the lender banks-SBI, IDBI and ICICI- hold 24 percent equity of Ratnagir...

Quality of PSU bank boards must improve: SBI's Bhattacharya 

10.27 am | 12 Jan 2015 |  Source: CNBC-TV18

SBI chairperson Arundhati Bhattacharya said there was a need to professionalise the entire process of choosing the top management at state-owned banks...

CCI rejects cartelisation charges against 12 banks

5.37 pm | 05 Jan 2015 |  Source: PTI

A complaint filed by Muthoot Mercantile, a gold financing firm, had alleged that the 12 scheduled commercial banks had entered into an anti-competitiv...

Need quality boards for better corporate governance: SBI 

10.21 am | 01 Jan 2015 |  Source: CNBC-TV18

The most crucial issues expected to be raised during the two-day event include asset quality concerns, financial inclusion, human resources, consolida...

May get Rs 600-700 cr for entire stake in CARE: IDBI Bank 

10.13 am | 30 Dec 2014 |  Source: CNBC-TV18

BK Batra, DMD of IDBI Bank says the timing seems right to monetize a part or its entire stake in CARE. He believes the bank can get between Rs 600 cro...

Four SBI Group DMDs appear for interview for MD's post

3.39 pm | 22 Dec 2014 |  Source: PTI

Those who appeared for the interview include Praveen Kumar Gupta, SBI's chief financial officer, Rajnish Kumar, managing director of SBI Caps), NK Cha...

SBI has no plans to lend to SpiceJet, says Bhattacharya

3.13 pm | 20 Dec 2014 |  Source: PTI

State Bank of India is not looking at extending any loan to the cash-strapped airline SpiceJet, Chairperson Arundhati Bhattacharya said Friday....

SBI opens 385 digital tech centres across India 

10.05 pm | 19 Dec 2014 |  Source: CNBC-TV18

Going forward, SBI plans to open digital branches, making all digital content come under digital space. ...

IDBI to sell 5% stake in NSE

4.05 pm | 19 Dec 2014 |  Source: PTI

The NSE commands a market value of nearly USD 3.5 billion (about Rs 21,000 crore) as per the previous transaction. This would peg the value of IDBI's ...

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