A bulk of the one-time settlement money was to come from Calcutta's Carbon Resources, which was willing to buy 15 gardens in Assam capable of producing 18 million kg tea annually. However, banks failed to reach a consensus among themselves and the validity of the offer lapsed on September 30
State Bank of India's subsidiary SBI Capital Markets has appointed the state-run lender’s former head of US operations, Virendra Bansal, as its managing director and ..
India Business News: Entero Healthcare has launched its Initial Public Offering (IPO) today, aiming to raise approximately Rs 1600 crore, making it the largest fundraising effort through the primary market route this year. Prior to the opening of the IPO, the company successfully secured Rs 716 crore from 25 anchor investors.
The bank said that SBICAP Ventures is engaged in the business of asset and investment management having assets under management (AUM) to the tune of Rs 33,055 crore as of December 2023.
".executive committee of the central board of the bank has accorded final approval for acquiring 100 per cent stake held by SBI Capital Markets Ltd in SBICAP Ventures Ltd by State Bank of India," the country s largest lender said in a regulatory filing.