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PSU banks see sharp jump in green deposits FY26; deploy funds for clean transport, renewable energyIndian state-owned banks witnessed a significant rise in green deposits during FY26. This growth reflects growing depositor interest in sus...
SBI Ventures to manage Rs 20,000 crore Maritime FundSBI Ventures has been appointed as the fund manager for the ₹20,000-crore Maritime Investment Fund. This initiative, backed by government e...
The Bengal boom: 7 stocks that surged up to 22% after BJP win and should you still buy?Smallcap investors are piling into the “Bengal theme” after the BJP’s landslide win in West Bengal, driving sharp rallies in state-linked s...
Election impact on stock market explained: What likely BJP win in West Bengal means for investorsWest Bengal's election results signal a significant political shift with the BJP leading, prompting a surge in market sentiment. Analysts a...
SBI moves Supreme Court seeking review of spectrum ruling, flags impact on telecom insolvenciesThe State Bank of India is asking the Supreme Court to reconsider a recent ruling. The judgment prevents telecom spectrum from being treate...
SBI Ventures plans to launch Rs 2,000 crore climate-focussed fund in January-MarchIt will help unlock green growth, a new financial opportunity, SBI Ventures Managing Director and Chief Executive Officer Prem Prabhakar sa...
SBI Ventures plans to launch Rs 2,000 crore climate-focussed fund in Jan-MarchSBI Ventures is set to launch a Rs 2,000 crore fund in the first quarter of next year. This fund will invest in early and growth-stage clim...
Ease of doing biz, investment options driving structural shift in banking system: SBI chairmanSBI Chairman C.S. Setty highlighted that India's improving investment climate and digitalization are shifting people towards diverse invest...
State Bank of India unit to raise Rs 2,000 crore for climate fundSBI Ventures Ltd., a unit of State Bank of India, is raising funds for its third climate fund. The fund aims to gather 20 billion rupees. I...
State-run lenders to work on climate risk metricsThe finance ministry is likely to hold a review, later this month, on performance of public sector lenders in the backdrop of a three-year ...
SBI Foundation and Villgro join hands to support entrepreneurship and climate resilience in agricultureThe program endeavours to help accelerate agriculture startups to grow sustainably by providing them with equity seed funding, grant capita...
India needs to integrate itself into the global semiconductor supply chain: SBI ResearchA new study by SBI Research suggests that India has the opportunity to integrate itself into the global semiconductor supply chain and take...
Banks need to collaborate and create policies for mobilizing capital towards green finance: JoshiFinancial Services Secretary Vivek Joshi on Saturday asked banks to collaborate and create policies for mobilizing capital towards green fi...
SBI, EIB to invest up to €100 mn in Indian SMEs focused on climate changeSBI already invests in a vehicle called Neev Funds for its impact investing objectives, and the two entities have created 'Neev Fund II' fo...
SVL secures 25 million euro for Neev-II Fund from EIBSocial impact investing has picked up in India with many funds, both local and global, making a beeline to invest in companies that promise...
SBI to raise $500-700 million via green bondsThe green bond sale, likely in two tranches, could open for subscription within the next few days.
State Bank of India planning $3 bn green bondsCBI is in the process of appointing investment bankers who will help raise cash for the dedicated fund in a few instalments over one or two...
Alternative instruments can earn higher returns: FM Arun JaitleyJaitley noted that convention was bank deposits or other government schemes were probably the safest and best investment.
Budget 2014: Foreign brokerages hail Budget as growth, reforms-orientedRBS India's senior economist Gaurav Kapur said the Budget aims at creating a more conducive environment for business and improving the long...
To make SBI leaner, Pratip Chaudhuri is slashing costs for consumers, pruning businessesSBI Chairman is slashing costs for consumers and pruning unprofitable businesses to make the bank more nimble-footed than private players.