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United Kingdom

State Bank of India (SBI.BO)

SBI.BO on Bombay Stock Exchange

237.40INR
25 Apr 2018
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Rs232.50

Latest Key Developments (Source: Significant Developments)

SBI Confirms CBI Summoning CEO in PNB Fraud Case
Monday, 16 Apr 2018 

April 16 (Reuters) - State Bank Of India ::CBI REQUESTED APPEARANCE OF CEO AND A DEALING OFFICER FROM FRANKFURT FOREIGN OFFICE AND SBI (MAURITIUS).SAYS CBI'S REQUEST FOR APPEARANCE WOULD NOT HAVE ANY MATERIAL IMPACT ON SBI.SBI - APPEARANCE ASKED FOR THOSE WHO HANDLED BUYERS' CREDIT BACKED BY LOUS OF PNB'S BRADY HOUSE BRANCH TO UNDERSTAND PROCESS AT CO'S OVERSEAS OFFICE.  Full Article

BS Ltd Says SBI Filed Application To Initiate Insolvency Resolution Process Against Co
Monday, 16 Apr 2018 

April 16 (Reuters) - Bs Ltd ::SAYS STATE BANK OF INDIA FILED APPLICATION FOR INITIATING CORPORATE INSOLVENCY RESOLUTION PROCESS WITH NCLT.  Full Article

Sysco Industries Says State Bank Of India Has Reclassified Co's Credit Accounts As NPA
Friday, 13 Apr 2018 

April 13 (Reuters) - Sysco Industries Ltd ::SAYS STATE BANK OF INDIA HAS RECLASSIFIED CO'S CREDIT ACCOUNTS AS NPA.  Full Article

State Bank Of India Announces Tie-Up With Transfast Remittance LLC
Monday, 15 Jan 2018 

Jan 15 (Reuters) - State Bank Of India ::‍CO TIES UP WITH TRANSFAST REMITTANCE LLC FOR INWARD REMITTANCE FROM USA TO INDIA​.  Full Article

Jayaswal Neco Industries Says SBI Files Insolvency Application Against Co At NCLT
Friday, 12 Jan 2018 

Jan 12 (Reuters) - Jayaswal Neco Industries Ltd ::SAYS STATE BANK OF INDIA FILES INSOLVENCY APPLICATION AGAINST CO AT NCLT, MUMBAI.  Full Article

State Bank Of India To Consider Issue Of Long-Term Bonds Of 50 Bln Rupees
Tuesday, 9 Jan 2018 

Jan 9 (Reuters) - State Bank Of India ::SAYS TO CONSIDER ISSUE OF LONG-TERM BONDS OF 50 BILLION RUPEES.SAYS TO CONSIDER APPROVAL FOR BONDS TO FINANCE INFRASTRUCTURE, AFFORDABLE HOUSING IN DOMESTIC AND OVERSEAS MARKET.  Full Article

State Bank Of India Approves Long-Term Fund Raising Up To $2 Bln
Monday, 8 Jan 2018 

Jan 8 (Reuters) - State Bank Of India ::SAYS APPROVED LONG-TERM FUND RAISING IN SINGLE/MULTIPLE TRANCHES UP TO $2 BILLION.  Full Article

Visa Steel Says Application Filed By SBI With NCLT To Initiate CIRP‍​
Friday, 5 Jan 2018 

Jan 5 (Reuters) - Visa Steel Ltd ::SAYS APPLICATION FILED BY STATE BANK OF INDIA WITH NCLT, KOLKATA BENCH TO INITIATE CIRP‍​.SAYS CO IN DISCUSSION WITH SBI FOR SETTLEMENT.  Full Article

SBI chairman Rajnish Kumar says Moody's rating upgrade a positive development
Friday, 17 Nov 2017 

Nov 17 (Reuters) - State Bank of India chairman Rajnish Kumar::Moody's rating upgrade a positive development; great enabling factor for Indian financial markets​.Over a point of time, rating change will reduce borrowing costs of government and financial institutions.Over a point of time, rating change will result in increased investor confidence in india growth and reform story​.  Full Article

Moody's upgrades four Indian financial institutions' ratings to Baa2 from Baa3
Friday, 17 Nov 2017 

Nov 17 (Reuters) - Moody's -:MOODY'S UPGRADES FOUR INDIAN FINANCIAL INSTITUTIONS' RATINGS‍​.MOODY'S INVESTORS SERVICE HAS UPGRADED THE LONG-TERM RATINGS OF FOUR INDIAN FINANCIAL INSTITUTIONS TO BAA2 FROM BAA3‍​‍​.MOODY'S - UPGRADED THE LONG-TERM RATINGS OF FOUR INDIAN FINANCIAL INSTITUTIONS TO BAA2 FROM BAA3.MOODY'S - FOUR INDIAN BANKS ARE EXIM INDIA, HDFC BANK LIMITED, INDIAN RAILWAY FINANCE CORPORATION LIMITED , STATE BANK OF INDIA.MOODY'S HAS CHANGED TO STABLE FROM POSITIVE THE RATINGS OUTLOOK FOR IRFC; EXIM INDIA AND ITS LONDON BRANCH;.MOODY'S HAS CHANGED TO STABLE FROM POSITIVE OUTLOOK FOR HDFC BANK, ITS BAHRAIN AND HONG KONG BRANCH;SBI, ITS HONG KONG, LONDON, AND NASSAU BRANCHES.  Full Article

BRIEF-Punjab & Sind Bank Says Co's NPA Exposure Is 1.69 Bln Rupees In Surya Pharmaceuticals Case

* SAYS ACCOUNT OF SURYA PHARMACEUTICALS IS OLD CASE OF CONSORTIUM ADVANCE; ACCOUNT TURNED NPA IN 2011