Browsing Tag
State Bank of India
53 posts
Aditya Birla reportedly seeks $1.5bn rupee loans for Shell renewables acquisition
Aditya Birla Renewables is reportedly shifting toward longer-dated project-level rupee debt before completing its acquisition of Shell’s Sprng Energy platform, potentially lowering financing costs while distributing borrowings across individual renewable assets.
Why Sun Pharma may move part of its $12bn Organon funding into rupee debt
Sun Pharmaceutical Industries will ask its board on October 12 to consider up to ₹15,000 crore of listed unsecured NCDs, opening a potentially important refinancing route as it prepares for the $11.75 billion Organon acquisition.
NSE IPO to open September 17: Price band set at Rs 1,700-Rs 1,785, valuation targets Rs 4.42 lakh crore
The National Stock Exchange of India is finally heading to public markets with a ₹21,488 crore to ₹22,562 crore offer for sale, a reduced issue size and valuation below recent unlisted-market pricing.
SBI Funds Management picks Amol Joshi as CFO after Rs 9,813cr IPO and 15% revenue growth
SBI Funds Management has selected former TransUnion CIBIL CFO Amol Joshi as its next finance chief, according to ETBFSI, after an oversubscribed ₹9,813 crore IPO and first-quarter assets under management of ₹12.6 lakh crore.
India orders Firebase takedowns as Android malware impersonates major banks
Indian cybercrime authorities have identified repeated misuse of Google Firebase to distribute Android malware, impersonate banks and collect stolen financial information.
Vodafone Idea (NSE: IDEA) posts first positive subscriber quarter since 2018 merger
Vodafone Idea ended years of quarterly subscriber erosion in Q1 FY27 as ARPU reached ₹195 and cash EBITDA rose 13.5%. But ₹45,000 crore of planned network investment, large statutory liabilities and an exceptional gain behind part of the reported loss improvement keep execution firmly in focus.
Petronet LNG revenue falls 53% but profit rises 34%: the Rs 494cr clue behind Q1
Petronet LNG Limited produced a 34% rise in consolidated Q1 FY27 profit despite a 53% revenue decline and lower LNG volumes. Trading and inventory gains, expanded Dahej capacity and the Qatar supply disruption make the quality of that profit more important than the headline growth rate.
State Bank of India (NSE: SBIN) rises as Rs 21,121cr profit beats estimates
SBI beat Q1 profit estimates, but loans are growing twice as fast as deposits. Funding and margins now decide the next SBIN move.
Kajaria Ceramics backs Nepal joint venture loan as #KAJARIACER investors assess contingent liability
Kajaria Ceramics backs its Nepal JV with a ₹3.75 crore SBLC. #KAJARIACER investors now face a small but revealing risk test.
Dynacons Systems & Solutions FY26 results: Can DSSL justify its rally with BFSI cloud and cybersecurity momentum?
DSSL has rallied hard, but FY26 numbers show real BFSI tech momentum. Can Dynacons convert order wins into durable growth?