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State Bank of India, the country's largest lender by assets, is preparing to sell as much as 250 billion rupees ($2.9 billion ...
India's largest private lender by assets State Bank of India (SBI) is likely to sell off stake worth approximately Rs 25,000 crore or (USD 2.9 billion) as early as next week.
State Bank of India, the country's largest lender by assets, is preparing to sell as much as ₹250 billion ($2.9 billion) of ...
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State Bank of India plans to sell $2.9 billion in shares to institutional investors, pending finalization, sources say.
The funds raised via SBI's share sale will be used to bolster the bank’s balance sheet, support its loan growth, and fulfil regulatory capital requirements.
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The sale is part of SBI’s broader plans to support loan growth, strengthen its balance sheet and meet regulatory requirements ...
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