sbi

Why Yes Bank’s bailout has panicked markets

State Bank of India’s agreement to buy Yes Bank stems from the central bank’s aspiration to maintain trust in the country’s financial system. However, as bank share prices and deposits fall, not everyone is reassured.

March 22, 2020

Indian Oil sets benchmark with jumbo bond sale

Limited supply has caused fixed income investors to pile into the oil refining company’s $900 million dollar bond – the country's largest non-bank issue in over three years.

January 11, 2019

Mandates and payments roundup, May 24

SunGard wins treasury mandate from Pakistan's United Bank, while the State Bank of India partners with Diebold for ATM deployment.

May 23, 2011

Payment news, January 18

Daiwa implements a new liquidity management system, while SBI forms a partnership with Bharti Airtel.

January 17, 2011

Payment news, October 5

The State Bank of India and Western Union launch a mobile money transfer service, while the Philippine Stock Exchange migrates to a new trading platform.

October 04, 2010

SBI debuts in the 144A market with a $1 billion deal

Against a positive market backdrop, State Bank of India’s new 2015 bonds tighten 15bp to a spread of 275bp in the secondary market.

July 26, 2010

The banker for every mobile user

Eko’s mobile banking alliance with the State Bank of India moves into a higher gear.

March 29, 2010

Varun Bajpai and Praveen Gupta to lead SBI Macquarie venture

The State Bank of India and Macquarie have appointed Varun Bajpai and Praveen Gupta to senior management positions in their soon-to-be-established India infrastructure fund.

December 14, 2009

SBI sets benchmark with $750 million five-year bond

State Bank of India takes advantage of strong Asian and European demand to price a five-year bond which aims to establish a reference point for future Indian issuance.

October 21, 2009

Macquarie/SBI plan $2 billion Indian infrastructure fund

Macquarie, SBI and the International Finance Corporation, as a cornerstone investor, plan to contribute a total of $450 million to start the fund, which is expected to launch by the end of June.

April 16, 2008