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SBI shares ended 3.6% lower on Friday. The Reserve Bank of India (RBI) asked banks on Thursday to set aside more capital, following repeated warnings about rapid growth in some personal loans.
SBI gave a dividend cheque of Rs 8,076.84 crore to the government for the financial year 2024-25. The public sector bank’s net profit for the financial year 2024-25 shot up to Rs 70,901 crore.
State Bank of India is planning a share sale worth Rs 25,000 crore to institutional investors, potentially starting next week. If fully subscribed, it would be the largest QIP in India, surpassing ...
State Bank of India, the country’s largest financier, has given loans of as much as $2.6 billion to companies in the Adani conglomerate, or about half of what is allowed under the rules ...
(Reuters) -U.S.-based private equity firm Warburg Pincus is in talks to sell its stake in State Bank of India’s general insurance unit, Bloomberg News reported on Monday, citing people familiar ...