State Bank of India (SBI) top stories

• ONGC Videsh ditches general syndication plan

  

  ONGC Videsh (OVL), the overseas arm of India’s state-owned Oil and Natural Gas Corp, has decided to cancel general syndication for its $700m loan after the bookrunners found enough liquidity during a senior stage.

  • 15 Jan 2021

• IRFC sets $634m IPO rolling

  Indian Railway Finance Corp (IRFC) will hit the market next week with the country’s first IPO of the year. It is on track to raise up to Rp46.33bn ($633.7m).

  • 13 Jan 2021

• State-owned NHAI mandates for Rp50bn InvIT

  The National Highways Authority of India has picked banks for the potential Rp50bn ($680.5m) IPO of an infrastructure investment trust, according to a source close to the deal.

  • 11 Jan 2021

• Banks, investors turn a blind eye to SBI's Carmichael link

  State Bank of India successfully raised $600m with a bond issue underwritten by leading investment banks on Wednesday, just weeks after big investors divested from its green bonds because of its apparent intention to finance the controversial Carmichael coal mine being developed in Australia.

  • 06 Jan 2021

• Canara Bank scoops up Rp20bn from share sale

  Indian public sector lender Canara Bank has raised Rp20bn ($271.8m) from the sale of a chunk of primary shares, according to a banker close to the deal.

  • 09 Dec 2020

• Reliance nets $1bn from loan market

  Indian conglomerate Reliance Industries has made a quick return to the loan market, raising a $1bn facility to refinance a bond maturing later this month.

  • 06 Oct 2020

• OVL mandates six for $700m loan

  ONGC Videsh (OVL), the overseas arm of India’s state-owned Oil and Natural Gas Corp, has picked six banks for a $700m borrowing.

  • 05 Oct 2020

• Brookfield tees up India Reit IPO

  Brookfield Asset Management is readying the IPO of its Indian real estate investment trust, which could raise up to Rp38bn ($519m) in primary proceeds.

  • 05 Oct 2020

• 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