TENDER FOR SUPPLY, INSTALLATION,TESTING, COMMISSIONING, OPERATION AND MAINTENANCE OF SOLAR POWER PLANT UNDER CAPEX/ OPEX MODEL UNDER GRID CONNECTED WITH NET METERING ARRANGEMENT FOR THE BRANCHES /OFFICES UNDER SBI HYDERABAD CIRCLE. For more information please see below link:
SBI Chairman identifies solar, city gas, oil as bright spots for funding
He said even if there are projects, those are mainly in solar power, city gas projects and to some extent in roads sector. NEW DELHI: SBI Chairman Rajnish Kumar on Saturday stressed that there is an adequate availability of funds with the banking system but he does not find enough projects where investment is being […]
Moody’s cuts outlook on SBI, HDFC Bank, Infosys, many other Indian firms
The rating outlooks for Bank of India, Canara Bank, Syndicate Bank and Union Bank of India are maintained at stable. Moody’s Investors Service on Friday took rating action on 11 Indian financial institutions (FIs), eight non-financial corporates and eight sovereign-linked Indian infrastructure companies, a day after it changed the outlook on India’s Baa2 sovereign rating […]
Bajaj Energy gets Sebi nod for Rs 5,450 crore IPO
Bajaj Energy’s IPO comprises fresh issuance of shares worth Rs 5,150 crore and an OFS of Rs 300 crore. New Delhi: Bajaj Energy has received capital markets regulator Sebi’s go ahead to raise an estimated Rs 5,450 crore through an initial share-sale offer. The company, which filed its IPO papers with Sebi in April, obtained […]
SBI, NIIF join hands to provide greater thrust to infra financing
State Bank of India (SBI) and the National Investment and Infrastructure Fund (NIIF) Monday inked a pact to boost availability of capital for infrastructure projects. The scope of the memorandum of understanding (MoU) includes equity investments, project funding, bond financing, renewable energy support and take out finance for operating assets, SBI said in a statement. […]
SBI cuts rates for electric car loans
MUMBAI: In an attempt to incentivise the shift to green vehicles, SBI has cut rates on auto loans for purchase of electric cars. Borrowers will get a discount of 20 basis points on the interest they pay on their loan and get a longer repayment period under this scheme. A statement issued by the bank […]
SBI offers discount on electric vehicle loans
MUMBAI: In a bid to boost volumes for the struggling electric vehicles segment, State Bank of India on Monday launched a discounted loan for buyers of such vehicles pricing 20 basis points lower than its existing auto loans. Of the 3.6 million (FY19) car industry, EVs constitute around 1,000 units per annum, according to industry […]
SBI, Power Finance Corp working to resolve 11 power projects under SBI Samadhan Scheme
Last week, SBI said banks will soon come out with a plan to resolve Rs 70,000 crore worth of non-performing assets (NPAs) in the power sector Power Finance Corporation (PFC) is working with the country’s biggest lender, State Bank of India (SBI), and others to resolve 11 stressed power projects among other resolution plans. The […]
