SBI General Insurance, one of the leading General Insurance companies in India, has been identified by IRDAI as the lead insurer (Non-Life) for the state of Meghalaya, to improve insurance awareness & insurance penetration across the state.
State Bank of India has concluded the issue of USD 750 Mio Senior Unsecured Fixed Rate Notes having maturity of 5 years and coupon of 4.875% percent payable semi-annually under Regulation-S.
SBI Securities, the trading and investment arm of India s largest and most trusted bank the State Bank of India, has released its annual financial results for the year ended March 31, 2023.
Based on Share Sale Agreement and with the Consent of Central Bank of Russia, entire shares held by Canara Bank have been transferred to SBI on 30.11.2022.
State Bank of India, the country s largest lender, has raised Rs. 3,717 crores through its third Basel III compliant Additional Tier 1 bond issuance in the current financial year on Wednesday at coupon rate of 8.25 per cent.