Sbi

Shares of the nation's largest funds manager by assets were quoted about 18% above the IPO price of ₹574 in the gray market on Monday

SBI plans to deepen its presence in Eastern Uttar Pradesh by expanding digital banking, MSME and farm lending, while supporting tourism and ODOP industries

SBI Economic Research says prolonged geopolitical tensions and supply shocks could keep credit growth ahead of deposits, though FCNR(B) inflows may improve deposit mobilisation

SBI Funds, India's largest asset manager, is jointly owned by State Bank of India Ltd. and France's Amundi SA

State-owned NLC India's subsidiary NLC India Renewables Ltd (NIRL) has appointed four leading investment banks, including SBI Capital Markets and HDFC Bank, as book running lead managers for its proposed initial public offering (IPO). The other two book running lead managers (BRLMs) which have been selected following a board-approved, structured and competitive process are -- IIFL Capital Services, IDBI Capital Markets & Securities. The proposed IPO is expected to strengthen NIRL's capital base and support its long-term growth strategy in the renewable energy sector and to contribute to the country's target of achieving 500 GW of non-fossil fuel-based energy capacity by 2030, a company statement said on Friday. Also, it is intended to facilitate the listing of the equity shares of NIRL on the recognised stock exchanges in India, subject to receipt of applicable statutory and regulatory approvals, prevailing market conditions and other customary considerations. The appointment is ..

State Bank of India has appointed former LIC finance chief Sunil Ramgopal Agrawal as chief financial officer. He will take charge from August 1, 2026

The IPO of India's ​largest asset manager received bids for 126.74 million shares, against 124.56 million ‌on offer, as of 10:48 a.m. IST, exchange data showed

SBI Funds Management raised ₹2,663 crore from anchor investors ahead of its Rs 9,813 crore IPO, which opens on 14 July at a price band of ₹545-574 per share

Govt needs to focus more on low-end work, which will be impacted more by technology and artificial intelligence

Public sector banks saw higher insurance commission income in FY26, led by SBI, while mutual fund distribution earnings showed mixed trends across lenders

Moody's has affirmed the ratings of SBI and HDFC Bank with a stable outlook, citing strong asset quality, healthy profitability and solid capital buffers

SBI Funds Management IPO opens on July 14: Here's how brokerages view its valuation, growth prospects, profitability, and subscription potential

SBI Funds Management's IPO debuts with a 17% GMP as ethical investing gains traction and SAT reinforces insider trading norms in key market developments

The State Bank of India will sell a 1.42 per cent stake in SBI Funds Management for ₹1,655 crore through a pre-IPO placement ahead of the AMC's ₹11,693 crore IPO

The stake sale at ₹574 per share - the top end of the asset manager's IPO price band - provides an early benchmark for the unit's valuation and indicates institutional demand before public offering

India's largest asset manager by assets under management has set a valuation of Rs 1.2 trillion, with the Rs 11,693 crore offer for sale opening on July 14

As of the date of the RHP, SBI held 1.26 billion equity shares of face value ₹1 each, representing a 61.86 per cent stake in SBI Funds Management

SBI is selling up to 128.3 million shares, while Amundi India Holding will divest up to 75.4 million shares, together offloading about 10 per cent of SBI Funds Management's paid-up equity capital

State Bank of India has proposed granting priority sector status to all infrastructure loans or excluding them from ANBC calculations to encourage higher infrastructure investment

SBI is the only domestic bank to participate in the loan syndication