State Bank of India (SBI) top stories

• PFC mandates duo for $200m loan return

  

  India’s Power Finance Corp has mandated two banks for a $200m loan, and bankers expect the firm's government ownership will draw a strong response in syndication.

  • 23 Sep 2020

• Indiabulls Housing seals Rp12bn equity deal

  Indiabulls Housing Finance has raised Rp12bn ($163.8m) from an issue of new stock and the sale of a stake in UK firm OakNorth Holding.

  • 15 Sep 2020

• Mahindra Financial Services seals Rp31bn rights issue

  Mahindra and Mahindra Financial Services has raised Rp30.9bn ($412.4m) after wrapping up an oversubscribed rights issue.

  • 17 Aug 2020

• ICICI Bank seals $2bn QIP, InterGlobe to follow

  India's placements market is heating up, with new issuers set to raise fresh equity.

  • 13 Aug 2020

• ICICI Bank wraps up $2bn share sale

  ICICI Bank has closed its up to Rp150bn ($2bn) qualified institutional placement, according to a source close to the deal.

  • 11 Aug 2020

• QIPs in focus as HDFC, Axis wrap up deals

  Investors threw their weight behind Housing Development Finance Corp's Rp140bn ($1.87bn) fundraising this week.

  • 06 Aug 2020

• Corrected: Shriram Transport Finance’s rights issue wrapped up

  Shriram Transport Finance Co has scooped up Rp14.9bn ($199m) from a rights issue in India.

  • 03 Aug 2020

• Indian borrowers forced to rethink pricing as HPCL, TVS loans struggle

  Two Indian companies have struggled to find demand in syndication for deals that were priced before Covid-19 shut down the country. But bankers are optimistic about the fate of India’s offshore loans market — as long as borrowers accept a rise in funding costs. Pan Yue reports.

  • 30 Jul 2020

• IRFC taps Japan for $300m Samurai

  Indian Railway Finance Corp has returned to the Japanese market for a $300m-equivalent Samurai loan.

  • 27 Jul 2020

• Yes Bank closes share sale undersubscribed, SBI Caps steps in

  India’s Yes Bank ended its Rp150.2bn ($2bn) share sale without enough demand to cover the deal, after a low turnout from individual investors.

  • 20 Jul 2020