Cashfree Payments Acquires Checkout Platform Zecpe
Payment gateway platform Cashfree Payments has acquired one-click checkout platform Zecpe for an undisclosed amount. Zecpe, which will operate as a wholly-owned subsidiary of Cashfree...
Tag : state bank of India (SBI)
SBI to Launch UPI-Based Real-Time Cross-Border Remittance Service
On February 22, the State Bank of India (SBI) said it would allow real-time foreign inward and outward remittance services through the Unified Payments Interface...
SBI Loans to be Costlier as Bank Hikes Key Lending Rate
State Bank of India (SBI) has announced a 10 basis point (bps) hike in the marginal cost of fund-based lending rate (MCLR) across the tenor....
Rate-Sensitive Shares See Mixed Trend After RBI Hikes Repo Rate by 25 Bps
Shares of rate-sensitive sectors such as banks, autos and real estate were mixed on Wednesday after Reserve Bank of India (RBI) Governor Shaktikanta Das announced...
Canara Bank Sells its Stake in Russian JV to SBI for Rs 114 Crore
On Friday, Canara Bank said it plans to sell its stake in Russian joint venture Commercial Indo Bank LLC (CIBL) to another venture partner, State...
SBI Raises Rs 9,700 Crore Through Infra Bonds
State Bank of India (SBI) raised Rs 9,700 crore in its second infrastructure bond issue on Wednesday. The bond has a coupon rate of 7.7%...
SBI Board To Rise 10,000 Crore From Infra Bonds in FY23
State Bank of India (SBI) plans to raise Rs 10,000 crore via infrastructure bonds in the current quarter ending March 2023. The bank said that...
Markets Snap 4-Day Losing Streak; Sensex, Nifty Rise as Autos, Banks Rebound
Indian stocks snapped a four-day losing streak on Monday. Top indices, S&P BSE Sensex and NSE Nifty50 extended gains after a cautious start. The Sensex...
PSU Banks Hold Firm in Weak Market, SBI Nears Record High
Shares of public sector undertaking (PSU) banks traded stronger, with BSE shares up 4% in intraday trade on Tuesday, on expectations of solid earnings momentum...
SBI, HAL, Titan Company in Spotlight
On December 2, 2022, the State Bank of India (SBI), the state-run lender, said it had raised Rs 10,000 crore through its infrastructure bonds, offering...