Tag: SBI

French giant Amundi threatens to divest SBI bonds over Adani coal mine loan

NEW DELHI: One of the State Bank of India (SBI)’s investors, French giant Amundi has announced that it would sell off its SBI green bonds if the bank grants a Rs 5,000 crore loan to Adanis Carmichael coal mine in Australia. Amundi holds 37 per cent stake in SBI Mutual Fund in the venture with […]

SBI set to offer Rs 5000 crore loan to Adani coal project in Australia: Report

NEW DELHI: The State Bank of India (SBI) is set to offer a Rs 5,000-crore loan to Adani Enterprises Ltd’s Australian mining company, now renamed Bravus Mining & Resources, as per media reports. As per media reports, the loan agreement between SBI and Adani Group is nearly done and a ratification is expected from the […]

SBI invites applications for post of CFO; offers annual salary of Rs 1 crore

NEW DELHI: The country’s largest lender State Bank of India (SBI) has invited applications from eligible candidates for the post of Chief Financial Officer (CFO) on contract basis at a salary package of Rs 1 crore, three times more than its chairman’s. As per the recruitment notice, the position is for a contract period of […]

SBI complains to CBI after Rs 411 crore loan defaulter flee country

NEW DELHI: Three promoters of Ram Dev International, recently booked by the CBI for allegedly cheating a consortium of six banks to the tune of Rs 411 crore, have already fled the country before the State Bank of India reached the agency with the complaint, officials said on Saturday. The CBI had recently booked the […]

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