• SBI to launch retail bond issue on Monday - sources

    State Bank of India, the country's largest lender, is expected to launch the first tranche of its 100 billion rupees ($2.2 billion) retail bond issue on Monday, according to a term sheet obtained by Reuters and a source with direct knowledge of the matter.
  • India-Iran oil payments dispute resolved

    The government has resolved a month-long payments dispute with Iran over oil shipments, a source at the oil ministry said on Thursday, by allowing a domestic bank to handle payments in euros with a Germany-based counterpart.
  • BSE Sensex to open up; RIL, SBI in focus

    The BSE Sensex should open higher on Monday, with heavyweights Reliance Industries and State Bank of India in focus after their quarterly results.
  • India's benchmark share index is displayed on the facade of the Bombay Stock Exchange (BSE) building in Mumbai October 29, 2007. India's main share index crossed 20,000 for the first time on Monday, boosted by strong overseas markets and led by gains in R

    BSE Sensex up in choppy trade, SBI leads

    The BSE Sensex was up 0.8 percent on Monday led by financial firms, but trading was choppy a day before the Reserve Bank's monetary policy and mixed Asian markets.
  • SBI chief: report of CBI search at bank surprising

    The chairman of State Bank of India, the country's top lender, said on Wednesday a television channel report about the Central Bureau of Investigation (CBI) conducting searches at its offices had come as a surprise to him.
  • New Year rings in new password rule for credit-card payments in India

    The new year will also herald a new six-digit password for all credit card holders in India known as One-Time Password (OTP).