According to a statement from the bank, there were 88 bids totaling Rs 6,803 crore
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Recently, the RBI gave its final approval to several entities, allowing them to onboard new merchants after a year-long wait
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To qualify for an SRO license, applicants need to establish a not-for-profit company with sufficient net worth and the capability to create the necessary infrastructure for sustained responsibilities
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In March 2020, the Enforcement Directorate (ED) detained Kapoor, 65, the former MD and CEO of the private bank, under the Prevention of Money Laundering Act (PMLA)
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This move follows a recent development where SBI sealed a EUR 70 million (about Rs 630 crore) Line of Credit with the German Development Bank KfW
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IMF Forecasts US interest payment to increase to 2.9 per cent of GDP 2024 from 1.9 per cent in 2019
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Over the past month, the stock has seen a 7 per cent increase. The bank held a total market capitalisation exceeding Rs 60,000 crore
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This data contrasts business figures from January-to-November 2023 with the same period in the previous year
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