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SBI

SBI Capital Markets names SBI's former US head as MD & CEO

People

14 February, 2024

SBI Capital Markets names SBI's former US head as MD & CEO

State Bank of India's subsidiary SBI Capital Markets has appointed the state-run lender’s former head of US operations, Virendra Bansal, ......

Premium
Grapevine: Sony, Zee to hold board meet for India merger; Nobel Hygiene looking to sell stake

General

19 January, 2024

Grapevine: Sony, Zee to hold board meet for India merger; Nobel Hygiene looking to sell stake

Sony Group is set to convene a board meeting on Friday to deliberate on the $10-billion merger of its India ......

Ola Electric gets debt funding from SBI

TMT

26 October, 2023

Ola Electric gets debt funding from SBI

Electric two-wheeler (2W) manufacturer Ola Electric has raised Rs 3,200 crore (around $384.4 million) in a mix of equity and ......

Indian lenders step up fundraising via infrastructure bonds as spending rises

Infrastructure

27 September, 2023

Indian lenders step up fundraising via infrastructure bonds as spending rises

Indian lenders are rushing to raise funds via longer term infrastructure bonds amid an increase in federal government spending. Banks have ......

Mastercard names former SBI chair Rajnish Kumar as India chairman

Finance

14 September, 2023

Mastercard names former SBI chair Rajnish Kumar as India chairman

Mastercard on Thursday named former State Bank of India Chair Rajnish Kumar as the chairman of its Indian unit, as ......

Premium
Grapevine: TVS shelves EV fundraising; SBI rejects NARCL offer for NPA portfolio

General

03 July, 2023

Grapevine: TVS shelves EV fundraising; SBI rejects NARCL offer for NPA portfolio

Two-wheeler maker TVS Motor Company Ltd has put its fundraising plans on the backburner, a media report said, citing multiple ......

SBI may cut further stake in Yes Bank at end of lock-in

Finance

02 March, 2023

SBI may cut further stake in Yes Bank at end of lock-in

State Bank of India may look to lower its stake in Yes Bank after a lock-in period ends on March ......

 Mt. K Kapital snags ₹350 cr from SBI, Rustomjee, others

Infrastructure

16 January, 2023

Mt. K Kapital snags ₹350 cr from SBI, Rustomjee, others

Real estate-focused fund management firm Mt. K Kapital has secured ₹350 crore (about $43 million) from anchor investors State Bank ......

BharatPe appoints Nalin Negi as interim CEO; Suhail Sameer steps down

People

03 January, 2023

BharatPe appoints Nalin Negi as interim CEO; Suhail Sameer steps down

Fintech unicorn BharatPe on Tuesday said it has appointed current chief financial officer (CFO) Nalin Negi as the firm’s interim ......

Shamsher Singh elevated as MD, CEO of SBI Funds

Finance

23 December, 2022

Shamsher Singh elevated as MD, CEO of SBI Funds

Asset management company SBI Funds Management Ltd (SBIFML), announced the elevation of Shamsher Singh as managing director and chief executive ......