State Bank of India (SBI) top stories

• SBI vies for shareholder nod on $2.8bn share sale

  

  State Bank of India has called on shareholders to wave through its plan for a Rp200bn ($2.75bn) equity fundraising, which would be the country's largest share sale.

  • 07 Nov 2018

• Government nets Rp53bn from Coal India sell-down

  The Indian government sold a 3.18% stake in Coal India on Thursday, adding Rp52.7bn ($722.9m) to its coffers.

  • 02 Nov 2018

• IFC-backed Polycab preps Indian IPO

  Wire and cable manufacturer Polycab India is planning an IPO of new and existing stock, as backer International Finance Corp looks to cash in part of its stake.

  • 01 Nov 2018

• Government mines for $2bn from Coal India share sale

  The Indian government has hit the market with a mammoth block sale of up to Rp148.6bn ($2bn) in Coal India, as the state looks to add some much-needed weight to its 2018/19 divestment target.

  • 31 Oct 2018

• SBI hunts for $3.4bn in equity, debt

  State Bank of India is planning to tap the equity and bond markets for Rp250bn ($3.4bn) in funds during the financial year ending March 31, 2019.

  • 23 Oct 2018

• SBI revives Indian market with green dollar bond

  State Bank of India sold its debut green dollar bond through its London branch on Wednesday, reopening the market for the country’s issuers. But despite being a strong credit, the bank didn’t have an easy time marketing its notes against a volatile backdrop, as sceptical investors demanded a premium for emerging market risk. Morgan Davis reports.

  • 20 Sep 2018

• PFC plugs in for $300m comeback bond

  India’s Power Finance Corp raised $300m from a 10 year bullet bond on Thursday. While the issuer was able to pull off a tight price for its second issuance in less than a year, many investors were unconvinced about the credit's worth.

  • 03 Aug 2018

• SBI Caps withdraws from debt syndication, resolution

  India's SBI Capital Markets will no longer provide debt syndication or resolution services for private sector companies.

  • 01 Aug 2018

• Dollar bond market poised for big week in Asia

  Asian bond issuers are ready to continue the success they enjoyed last week, unveiling dollar transactions in a market that appears to have received a new lease of life. But bankers still express doubts about how long the good times will continue.

  • 30 Jul 2018

• SBI readies green bond debut

  State Bank of India is finally courting investors for its maiden green bond, which has been planned for more than a year.

  • 10 Jul 2018