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India's top lender stops handling trade with sanctioned Russian entities - sources

Economy

01 March, 2022

India's top lender stops handling trade with sanctioned Russian entities - sources

India's top lender will not process any transactions involving Russian entities subject to international sanctions imposed on Russia after its ......

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Deals Digest: Companies raise $800mn this week, Dunzo tops chart with $240mn funding

TMT

07 January, 2022

Deals Digest: Companies raise $800mn this week, Dunzo tops chart with $240mn funding

Companies raised $800 million in venture capital (VC) and private equity (PE) funding in the first week of the year, ......

State Bank of India invests $20 mn in payment solutions provider Pine Labs

TMT

04 January, 2022

State Bank of India invests $20 mn in payment solutions provider Pine Labs

Payment solutions provider Pine Labs Pvt Ltd, which is headed for a US listing, said on Tuesday it has raised ......

SBI picks up minority stake in Apollo-backed JSW Cement

Finance

21 December, 2021

SBI picks up minority stake in Apollo-backed JSW Cement

India’s largest lender, the State Bank of India (SBI), has invested Rs 100 crore in JSW Cement, a part of the ......

SBI may offload 6% stake in its asset management arm via IPO

Finance

15 December, 2021

SBI may offload 6% stake in its asset management arm via IPO

State Bank of India, India's largest and biggest public sector lender, on Wednesday said it will explore possibilities to offload ......

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SBI puts Rs 4,000 cr loan exposure in KSK Mahanadi up for sale

Finance

02 December, 2021

SBI puts Rs 4,000 cr loan exposure in KSK Mahanadi up for sale

State Bank of India, the country’s largest public sector lender, has put loans worth Rs 4101.87 crore ($547 million) in ......

Former SBI chairman Rajnish Kumar joins BharatPe board

People

12 October, 2021

Former SBI chairman Rajnish Kumar joins BharatPe board

Merchant payments and financial services provider, BharatPe, on Tuesday said that it has appointed former chairman of State Bank of ......

SBI stressed assets specialist set to become first CEO of proposed bad bank

Finance

12 May, 2021

SBI stressed assets specialist set to become first CEO of proposed bad bank

State Bank of India’s (SBI) Padmakumar Madhavan Nair has been appointed as chief executive officer of a bad bank or ......

European Investment Bank partners SBI to invest in Neev Fund II

Infrastructure

07 May, 2021

European Investment Bank partners SBI to invest in Neev Fund II

European Investment Bank (EIB), in one of its first private equity investments in India, has agreed to pump 100 million ......

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Mumbai-based ARC partners local investor to acquire stressed Odisha steel plant

Manufacturing

07 May, 2021

Mumbai-based ARC partners local investor to acquire stressed Odisha steel plant

A Mumbai-based asset reconstruction company (ARC), along with a local investor, has bought a stressed Kolkata-based firm that owns a ......