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India's SBI to gain $120bn from mergersState Bank of India (SBI), the nation's biggest lender by assets, will gain $120 billion in assets following its merger with associate banks and Bhartiya Mahila Bank, the lender said in a statement on Saturday. In a first move More… |
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SBI to bail out Kingfisher: ReportIndia's State Bank of India (SBI) has decided on Rs16.5 billion ($334.62 million) loan package to help troubled Kingfisher Airlines overcome a cash crunch, the Hindustan Times newspaper reported on Wednesday. The newspaper quoted an unide More… |
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Top Indian bank plans Mideast expansionState Bank of India (SBI), India's largest commercial bank, celebrated its fifth anniversary in Bahrain with a gala dinner at the Sofitel Bahrain Zallaq Thalassa Sea and Spa hotel. Guests from Bahrain's banking and finance industry More… |
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SBI opens new branch in BahrainState Bank of India (SBI), the country's largest banking and financial services company, has opened its new branch in Riffa area of Bahrain. Indian Overseas Affairs and Civil Aviation Minister Vayalar Ravi inaugurated the branch i More… |
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SBI to give financial services to EDC membersDubai Export Development Corporation (EDC) has signed a MoU with State Bank of India (SBI – DIFC Branch) under which the bank will provide financial support and services to EDC members comprising of exporters and manufacturers in the UAE. More… |
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Top Indian bank starts services from DIFCIndia's top bank State Bank of India (SBI), has started providing a complete range of corporate banking services from its base in the Dubai International Financial Centre (DIFC). Global Fortune 500-listed SBI said it has received a full ba More… |
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State Bank of India to open more branchesState Bank of India (SBI) is to expand its operations in Bahrain by opening two more retail branches, it was revealed. SBI, India's largest bank, which has its presence in Bahrain since 1977, will also extend the range of services offe More… |
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Three India state firms to manage pensions by JuneThree Indian state-run firms will start managing the government's new pension fund of more than 20 billion rupees ($503 million) from the end of June next year, the pension fund regulator said. State Bank of India, Life Insurance Corp and More… |
SBI to start Saudi operationsThe State Bank of India (SBI) will begin its operation in Saudi Arabia early next year, Saudi Ambassador to India Saleh Mohammed Al Ghamdi said. The SBI is going to open its full-fledged branch very soon following the clearance given by Sa More… |
