Advertisements Mufin Green Finance raised Rs 140 crore in Series B round of equity funding, on the top of Rs 530 crore raised in debt funding, last financial year. State Bank of India, IREDA, AU Small Finance Bank, ICICI Bank… Read More ›
SBI
SBI Inaugurates Its Third Specialised Startup Branch At Gurugram
Advertisements State Bank of India (SBI) inaugurated its third specialised branch for startups in Gurugram to support and provide all banking services required by startups under one roof. Speaking at the event, Dinesh Khara, Chairman of SBI, said, “The primary… Read More ›
Inflation In India To Be About 5 Percent By March 23
Advertisements The State Bank of India (SBI) expects the inflation in India to be about five per cent by March 23. In a research report, the SBI also said the 7.01 per cent consumer price index (CPI) inflation announced by… Read More ›
SBI, Other PSU Banks Commit INR 6,071 Cr For Adani Group’s Copper Business
Advertisements Ports-to-energy conglomerate Adani Group has forayed into copper manufacturing with tying up of finances from public sector lenders for a 1 million tonnes a year unit at Mundra in Gujarat. “Kutch Copper Ltd (KCL), a subsidiary of Adani Enterprises… Read More ›
India Lines Up Banks For E-Commerce Effort To Take On Amazon, Walmart
Advertisements India’s effort to break Amazon Inc and Walmart Inc’s dominance of its e-commerce sector, by establishing its own open network, has begun lining up banks and other key players needed to move it forward, sources familiar with the matter said. Some… Read More ›
SBI raises INR 6,000 cr by issuing bonds
Advertisements The country’s largest lender SBI on Monday said it has raised ₹6,000 crore by issuing Basel III compliant bonds. In June, the bank had received approval from its central board for raising fresh additional tier 1 (AT 1) capital of… Read More ›
MFine Raises USD 48 Million In Series C
Advertisements India’s leading Digital Health startup MFine announced a USD 48 million Series C funding round co-led by Moore Strategic Ventures and BEENEXT with participation from existing investors, Stellaris Venture Partners, SBI Group Japan, SBI Ven Capital Singapore, Heritas Capital,… Read More ›
Cashfree Raises Funding From SBI
Advertisements Digital payments and banking technology company Cashfree on Monday said it has received an investment from State Bank of India (SBI). The company, however, did not disclose the amount of funding raised from SBI. ‘The company’s total funding since… Read More ›
SBI, EIB to Finance €100 Mn Initiative for Climate Change and Sustainability
Advertisements Both the banks have decided to take the initiative for new high-impact climate action and sustainability financing State Bank of India (SBI) along with the European Investment Bank (EIB) have together agreed to support €100 Mn initiative – Neev… Read More ›