SBI to launch host of PE funds

State Bank of India is set to flood the market with a host of sector-specific private equity funds focused on stressed assets, real estate and small and medium enterprise in addition to a venture......

Regulators' directive to SBI's insurance partner

The government and financial sector regulators have prevailed on Insurance Australia Group (IAG) to route its investment in a general insurance venture with State Bank of India through Singapore,......

SBI decides against raising rates, for now

In a move that may set the tone for other players, State Bank of India, the country's largest lender, has decided against raising interest rates for the time being. The decision was taken at a......

SBI looks to Singapore in global push

State Bank of India, the country's largest financial institution, expects to receive approval from Singapore for a banking licence that will allow it to operate up to 25 outlets in the island......