State Bank of India (SBI.BO)
|Market Cap (Mil.):||Rs1,462,835.00|
|Shares Outstanding (Mil.):||746.57|
* India's benchmark BSE index gains 0.7 percent and the broader NSE index rises 0.79 percent to hit their record highs for a fourth straight session, in volatile trade ahead of the expiry of monthly derivatives contracts. * Gains are also backed by higher rollovers on absolute basis coupled with high roll cost, indicating market participants are bullish for April series. * Banking and capital goods stocks lead gains with State Bank of India gaining 4.5 percent after Goldman Sachs upgrades the s
MUMBAI - State Bank of India (SBI) said on Friday it would boost vigilance of bad loans after the country's largest lender disappointed analysts and posted a fourth consecutive quarterly drop in net income.
* Focusing on problem of rising defaults, cost control- chairwoman (Adds executive comments, context)
MUMBAI, Feb 14 - State Bank of India (SBI) , the country's largest lender, on Friday posted a fourth straight consecutive drop in net income as an increase in bad loans clipped profitability.
MUMBAI, Jan 31 - State Bank of India Ltd, the country's largest lender, said it has raised 80.32 billion rupees ($1.28 billion) through a sale of shares to institutional investors to boost its capital requirements.
MUMBAI - State Bank of India raised $1.2 billion through a share sale, sources with direct knowledge of the deal said, falling short of its $1.5 billion target and clouding the outlook for equity offerings by other banks in a slowing economy.
* Issue priced at 1,565 rupees, low end of indicative band
MUMBAI, Jan 29 - State Bank of India, the country's biggest lender, on Wednesday raised $1.2 billion through a share sale, less than its target of $1.5 billion, three sources with direct knowledge of the deal said.
REUTERS - State Bank of India launched a share sale on Tuesday to raise up to $1.5 billion, said three sources directly involved in the deal, in the country's biggest equity offering in almost a year.
Jan 28 - State Bank of India launched a share sale on Tuesday to raise up to $1.5 billion, said three sources directly involved in the deal, in the country's biggest equity offering in almost a year.