SBI to revamp Wealth Management biz, rope in consultant to firm up roadmap
Plans to grow by three-fold from current Rs 2.95 trillion25-06-2023
25-06-2023
STATE BANK OF INDIA - 500112 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
The representatives of State Bank of India had the following investors interaction on 23rd June 2023, arranged by JP Morgan: 1) One on One meeting with - Amundi Asset Management Time of the meeting / Call - 3.00 pm to 4.00 pm IST Mode of the meeting / Call - in-person Meeting scheduled for - Single investor / Institution 2) One on One meeting - JP Morgan Time of the meeting / Call - 4.30 pm to 5.15 pm IST Mode of the Meeting - in-person Meeting scheduled for - Single investor / Institution 3) One on One meeting with - EDMOND DE ROTHSCHILD Fund Management Time of the meeting / Call - 5.30 pm to 6.15 pm IST Mode of the meeting / Call - in-person Meeting scheduled for - Single investor / Institution 4) One on One meeting with - Gemway Assets Time of the meeting / Call - 6.30 pm to 7.15 pm IST Mode of the meeting / Call - in-person Meeting scheduled for - Single investor / Institution24-06-2023
Markets near all-time high: Why invest in SBI Large & Midcap Fund?
FUND CALL This fund can deliver potentially above-average returns if your holding period is five years or more24-06-2023
STATE BANK OF INDIA - 500112 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
Interaction with Institutional Investor on 22.06.202322-06-2023
Lenders appoint SBI Caps as advisor for Rs 2,000 cr debt resolution of VIPL
Lenders of Vidarbha Industries Power Ltd (VIPL), a subsidiary of Reliance Power, have appointed SBI Caps as an advisor for its debt resolution process, sources said. As per the terms of reference, SBI Caps will invite bids for the sale or one time settlement (OTS) of VIPL debt. It will also lay down evaluation criteria and recommendations for the anchor bidder. SBI Caps will follow a fair and transparent process to ensure the resolution of VIPL's over Rs 2,000 crore outstanding debt, said a source close to the development. The responsibility of conducting the Swiss Challenge process to maximise the recovery for lenders will also lie with SBI Caps, they said. The deadline to complete the resolution process by SBI Caps is September 30. The terms of reference say that SBI Caps, while executing the process, will ensure compliance with the RBI guidelines of June 8, 2023, for the sale of VIPL debt and OTS. The appointment of SBI Caps comes at a time when VIPL lenders have received thr22-06-2023
STATE BANK OF INDIA - 500112 - Appointment Of MD, State Bank Of India To The Post Of Deputy Governor (DG), Reserve Bank Of India
Appointment of Shri Swaminathan Janakiraman, Managing Director, State Bank of India to the post of Deputy Governor (DG), Reserve Bank of India22-06-2023
IRDAI moves Supreme Court against SAT's order in Sahara-SBI case
SAT had last week stayed IRDAI's order directing transfer of policy liabilities, entire business as well as well as assets of Sahara to SBI20-06-2023
There is a need to mobilise domestic and international flows to meet India's green finance requirements: SBI Chief Khara
SBI, in a statement, said India ranks 7th among the world's most affected countries by climate change, yet a relatively small share (about 7per cent) of climate capital flows into the country.17-06-2023
SBI presents dividend cheque of Rs 5,740 crore to Finance Minister
State Bank of India (SBI) on Friday paid a dividend of Rs 5,740 crore for the financial year 2022-23 to Finance Minister Nirmala Sitharaman. The dividend cheque was presented by SBI chairman Dinesh Kumar Khara in the presence of Financial Services Secretary Vivek Joshi. "Smt @nsitharaman receives a dividend cheque of Rs 5,740 crore for FY 2022-23, which is the highest-ever dividend given by State Bank of India to Govt of India for a financial year, from Shri Dinesh Kumar Khara, Chairman -@TheOfficialSBI. Secretary - @DFS_India Shri Vivek Joshi is also present on the occasion," the finance minister's office said in a tweet. SBI had declared a dividend of Rs 11.30 per equity share (1,130 per cent) for the financial year ended March 31, 2023. For the full 2022-23, SBI's net profit increased 59 per cent to Rs 50,232.45 crore. The profit in the 2021-22 fiscal was Rs 31,675.98 crore.16-06-2023