State Bank of India (SBI) top stories

News dashboard

  • Yes Bank wipes out onshore AT1s to boost capital

    Yes Bank has written down Rp84.15bn ($1.14bn) of its Basel III compliant additional tier one bonds, becoming the first Indian bank to have its AT1 notes bailed in. The move, together with capital injection from a group of banks led by State Bank of India, is expected to give a much-needed boost to the beleaguered firm’s capital ratio.

    • 16 Mar 2020
  • SBI Cards set to allocate Rp103bn IPO

    SBI Cards and Payments Services has priced its Rp103.4bn ($1.4bn) IPO at the top of the range and was allocating the stock to investors on Wednesday.

    • 11 Mar 2020
  • Tata Steel, Birla Carbon eschew syndications

    India’s Tata Steel and Birla Carbon have decided not to syndicate their chunky loans, amid reluctance from the bookrunners to sell down their positions in a slowing market for deals.

    • 10 Mar 2020
  • SBI Cards IPO sails through choppy Indian ECM markets

    SBI Cards and Payment Services was riding high on Thursday after a rush of institutional investor demand pushed its billion-dollar IPO through a coronavirus-driven slump in local and global markets this week. Jonathan Breen reports.

    • 05 Mar 2020
  • Equitas Small Finance wins approval for Indian IPO

    India’s market regulator has given Equitas Small Finance Bank (ESF) the go-ahead for its IPO, which is expected to raise about Rp10bn ($136.3m).

    • 04 Mar 2020
  • India's SBI Cards opens $1.4bn IPO with strong anchor backing

    SBI Cards and Payments Services has kicked off its up to Rp103.4bn ($1.4bn) IPO, with over one quarter of the deal subscribed by anchor investors.

    • 02 Mar 2020
  • SBI Cards sets terms for $1.4bn IPO, Rossari approved

    SBI Cards and Payments Services, a State Bank of India subsidiary, set the final price range for its IPO, putting proceeds of up to Rp103.5bn ($1.44bn) in reach for when it launches the deal next week.

    • 27 Feb 2020
  • SBI Cards sets terms for $1.4bn Indian IPO

    SBI Cards and Payments Services has finalised the price range for its IPO, which is set to be worth up to Rp103.5bn ($1.44bn) when it is launched next week.

    • 25 Feb 2020
  • India flush with ECM deals as foreign inflows surge

    India’s equity capital markets have had a strong start to the year, pumping out a steady flow of large IPOs and secondary share offerings on the back of a big uptick in foreign investment. The country’s ECM pipeline is offering banks relief amid a slowdown in Hong Kong. Jonathan Breen reports.

    • 20 Feb 2020
  • Barbeque-Nation refiles for Rp12bn IPO

    Barbeque-Nation Hospitality is planning an IPO of up to Rp12bn ($167.8m). It has revived its listing plans two years after first announcing the transaction.

    • 19 Feb 2020

State Bank of India (SBI) In The Key League Tables

Asset Rank STLY Amount $bn No of issues Share % STLY Share %
  • Last updated
  • Today
Bookrunners of G3 Syndicated Loans (Asia Pacific ex-Japan) 14 46 0.31 3 2.44% 0.23%
Asia Pacific (ex-Japan) Involvement M&A Advisory 8 3.20 1 2.53%
Bookrunners of India DCM 20 9 0.18 3 1.40% 5.50%

All International Bonds

Rank Lead Manager Amount $bn No of issues Share %
  • Last updated
  • Today
1 JPMorgan 164.80 545 9.83%
2 BofA Securities 139.54 459 8.33%
3 Citi 128.00 437 7.64%
4 Goldman Sachs 99.84 283 5.96%
5 Barclays 92.11 342 5.50%

Bookrunners of All Syndicated Loans EMEA

Rank Lead Manager Amount $bn No of issues Share %
  • Last updated
  • Today
1 Deutsche Bank 9.11 38 6.62%
2 UniCredit 7.52 36 5.46%
3 BofA Securities 7.39 29 5.37%
4 BNP Paribas 7.38 42 5.36%
5 Credit Agricole CIB 6.01 35 4.37%

Bookrunners of all EMEA ECM Issuance

Rank Lead Manager Amount $bn No of issues Share %
  • Last updated
  • Today
1 Credit Suisse 3.10 7 9.19%
2 JPMorgan 3.10 21 9.18%
3 Citi 2.87 19 8.51%
4 Morgan Stanley 2.81 15 8.33%
5 Goldman Sachs 2.43 15 7.19%