State Bank of India
State Bank of India is a Fortune 500 company. It is an Indian Multinational, Public Sector banking and financial services statutory body headquartered in Mumbai. It is the largest and oldest bank in India with over 200 years of history.
What State files
- Others189
- Investor Meet153
- Updates56
- Important40
- Board Meeting13
- Dividend/Bonus11
Confirmation of Redemption/Payment of Interest and Principal
State Bank of India has announced an upcoming in-person interaction with multiple institutional investors in Gurugram, organized by Jefferies. Discussions will strictly cover information already available in the public domain.
United Forum of Bank Unions has served strike notices, proposing multiple strike dates starting September and a continuous strike from October. While the bank is arranging to maintain normal branch functioning, operations may face disruptions. Monitor service availability closely.
Confirmation of Redemption/Payment of Interest and Principal
SBI is redeeming ₹6,000 Cr of its Additional Tier 1 Bonds, which carried a 7.72% coupon. By exercising its call option, the bank will cease future interest obligations, thereby reducing outstanding liabilities and improving its financial flexibility.