The State Bank of India has made a qualified institutional placement of equity shares aggregating to ₹25,000 crore. Cyril ...

The expected proceeds exceed the approximately $400 million estimated by people familiar with the matter in June ...

The investors' order is expected to see a share sale from major NSDL investors like the National Stock Exchange, IDBI Bank, ...

RBI Governor Sanjay Malhotra said the central bank may allow foreign banks to own up to 26% in Indian banks. Currently, while ...

The sale will involve divestments by major investors, including IDBI Bank Ltd., the National Stock Exchange of India Ltd. and ...