State Bank of India News, Corporate filings and Earnings/Conference Calls

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State Bank of India

31 Jan 2024

809.40

-0.34%

Company Update

STATE BANK OF INDIA - 500112 - Change In Senior Management

BSE India

Change in Senior Management

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State Bank of India

31 Jan 2024

809.40

-0.34%

Black Opal Group raises $3 mn from SBI and HDFC

Business Line

The funds will be used to improve services at JustHomz.com, its prop-fintech B2B2C platform

Number of FII/FPI investors increased from 1317 to 1362 in Jun 2025 qtr.

State Bank of India

31 Jan 2024

809.40

-0.34%

SBI to down-sell half of Rs 11,000 crore loan to Adani's Ganga Expressway project

Economic Times

State Bank of India (SBI) is reportedly in advanced discussions to downsell half of its approximately 11,000-crore loan exposure to the Adani Group's Ganga Expressway project. SBI is engaging with institutions like the National Bank for Financing Infrastructure and Development (NaBFID), Punjab National Bank (PNB), and power finance companies for the downselling. The move follows the standard practice in infrastructure financing, allowing banks to diversify risk by selling portions of large loan exposures. At least four lenders have shown interest in acquiring the debt from SBI.

State Bank of India has an average target of 958.08 from 13 brokers.

State Bank of India

26 Jan 2024

809.40

-0.34%

Should you invest in the SBI NIFTY50 Equal Weight Index Fund?

Business Line

Investors with a long-term perspective who prioritise diversification can park a portion of their capital in SBI NIFTY50 Equal Weight Index Fund, which closes on Monday