Coal India stake sale: Govt shortlists 5 merchant bankers

Government has shortlisted five Indian merchant bankers, including JM Financial, SBI Capital and ICICI Securities, for managing the over Rs 21,000-crore stake sale in Coal India.

SBI gets shareholders nod for raising Rs 15,000 cr from market

State Bank of India (SBI) on Thursday received shareholders' approval for raising Rs 15,000 crore through a public offer, including a rights issue, to fund business and meet global capital adequacy norms.

SBI Caps may submit report on Bharti Hexacom by end of year

TCIL plans to sell its stake in Bharti Hexacom and SBI Capital Markets has been appointed as consultants to recommend valuation of the company.

Four bankers in fray for NFL stake sale

Four merchant bankers, including SBI Capital and Kotak Investment, are in race to manage the process of 7.64 percent stake sale in National Fertilisers (NFL), which may fetch around Rs 148 crore to the exchequer.

SBI to get Rs 3,004 cr capital from govt by March

The fund infusion will enable the bank to support national and international banking operations undertaken through its subsidiaries and associates, SBI said in a BSE filing.