SBI to sell over 13% stake in Yes Bank to Japan’s SMBC for Rs 8,889 croreState Bank of India (SBI) has decided to sell over 413 crore equity shares, representing approximately 13.19% of Yes Bank's total shares, t...
09 May, 2025, 04.34 PM IST
Yes Bank shares rally over 8% as SBI and Japan's SMBC near landmark stake sale dealYes Bank shares surged over 8% after reports said SBI and Yes Bank boards are in talks to sell a 20% stake to Japan’s SMBC, potentially mar...
09 May, 2025, 01.18 PM IST
SMBC set to snap up 20% in Yes; bank boards meet todayState Bank of India and Yes Bank boards are convening Friday to finalize the sale of stakes to Sumitomo Mitsui Banking Corp. SMBC will acqu...
09 May, 2025, 05.30 AM IST
Budget boost for insurance sector: Sitharaman allows 100% FDI but T&C applyThe government has increased the FDI limit for the insurance sector from 74% to 100% in the Budget for 2025-26. This move aims to attract m...
01 Feb, 2025, 12.35 PM IST
India plans major insurance shake-up this winter as it may open doors to 100% FDI100% FDI in Insurance: The Indian government is poised to permit 100% foreign direct investment in the insurance sector, aiming to attract ...
18 Nov, 2024, 12.37 PM IST
Rupee may depreciate 8-10% during Trump 2.0, says SBI reportThe rupee may depreciate 8-10 per cent against the US dollar during the Trump 2.0 regime, said a SBI research report, even as the local cur...
11 Nov, 2024, 07.30 PM IST
FDIs may shift to US under Trump 2.0 but it won't impact FDIs inflow to India: SBI ReportA report by the State Bank of India suggests that India's foreign direct investment (FDI) trends could shift during Donald Trump's second t...
11 Nov, 2024, 10.14 AM IST
India's current account deficit could end in a surplus in FY21: ReportCAD could turn positive this fiscal with crude prices set to fall below $20 a barrel.
16 Apr, 2020, 07.49 PM IST
SBI: $10 billion sovereign bonds to help govt, banksSBI said that such a borrowing will reduce bond yields, which will benefit both banks and govt.
15 Jul, 2019, 10.58 AM IST
FDI growth up 23 per cent in April-June quarter this fiscalThe foreign fund inflows in April-June 2017-18 stood at USD 10.4 billion, the Department of Industrial Policy and Promotion data showed.
27 Aug, 2018, 05.39 PM IST
Agri sector should be given industry status: Nirmala SitharamanGovt has time and again reiterated its efforts towards doubling farmer income by 2022.
06 Jul, 2017, 09.50 AM IST
Rs 60,000 cr inflow likely in 5 years in insurance sector: SBI research report"The FDI limit hike could result in inflows of Rs 40,000 crore to Rs 60,000 crore over five years and immediate inflows of around Rs 20,000...
13 Mar, 2015, 07.51 PM IST
SBI Life Insurance aims 35 per cent growth in FY'15SBI Life Insurance, a 74:26 joint venture between State Bank of India and BNP Paribas' Cardiff, is aiming at 35 per cent growth in business.
12 Jul, 2014, 07.09 PM IST
Haven't heard from Kingfisher Airlines after FDI liberalisation: SBIKingfisher lenders today said the debt-ridden carrier has not informed them of anything concrete after 49 per cent FDI was allowed in airli...
24 Sep, 2012, 06.45 PM IST
- We are not lenient with Kingfisher Airlines: Pratip Chaudhuri
State Bank of India (SBI) today said it is not lenient with Kingfisher Airlines and treats it at par with Air India and Jet Airways.
28 May, 2012, 08.24 PM IST
- Insurance companies may defer IPO plans as govt defers easing of FDI
No increase in FDI ceiling may also lead to consolidation in the sector.
06 Apr, 2012, 11.44 AM IST
- BNP Paribas may increase stake in SBI Life JV to 49%
BNP Paribas Assurance, the joint venture partner in SBI Life Insurance, may raise its stake to 49% in the JV at market value as and when re...
28 Apr, 2011, 07.31 AM IST