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State Bank of India (SBI.BO)

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  • IANS3 months ago

    SBI funds 100 MW rooftop solar projects with World Bank lending

    New Delhi, June 2 (IANS) The State Bank of India (SBI) on Friday announced the receipt of a World Bank loan for financing 100 MW rooftop solar projects worth $625 million (Rs 400 crore) by private developers. "SBI has availed loan of $625 million from the World Bank for on-lending to viable Grid-Connected Rooftop Solar PV (GRPV) projects undertaken by PV developers/aggregators and end-users, for installation of rooftop solar systems on the rooftops of commercial, institutional and industrial buildings," the SBI and World Bank said here in a joint statement.

  • IANS5 months ago

    Post merger, SBI begins operations as unified entity

    Mumbai, April 1 (IANS) The State Bank of India (SBI), the country's largest lender, started functioning as unified entity from Saturday post merger of its five associate banks, besides Bharatiya Mahila Bank. The five associate banks merged with the SBI are State Bank of Bikaner & Jaipur, State Bank of Hyderabad, State Bank of Mysore, State Bank of Patiala and State Bank of Travancore.

  • IANS5 months ago

    SBI-Mahila Bank merger on April 1: RBI

    Mumbai, March 22 (IANS) The Bharatiya Mahila Bank will be merged with the State Bank of India on April 1, along with five associate banks, the Reserve Bank of India (RBI) said on Wednesday. "All branches of Bharatiya Mahila Bank (BMB) will function as branches of the SBI from April 1. Customers, including depositors of BMB, will be treated as customers of SBI," the RBI said in a statement here.

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