State Bank of India: Public sector lender State Bank of India (SBI) in its Executive Committee of the Central Board on Tuesday approved to examine the status and decide on long-term fund-raising in single or multiple trenches up to US $2 Billion. SBI said that the fundraising of up to $2 billion would be done […]
Fitch affirms SBI, PNB, BoB ratings at ‘BBB-’ with negative outlook
Fitch Ratings has affirmed scores for numerous public quarter banks inclusive of Bank of Baroda (BoB), State Bank of India (SBI) and Punjab National Bank (PNB) at ‘BBB-‘ with the outlook being terrible. The working surroundings OE outlook of Indian banks has been revised to solid from terrible, reflecting a higher recuperation than Fitch predicted […]