Tagged: state bank of india

February 27, 2020 @ 9:20 pm By Omar Faridi  |  

An increasing number of Indian consumers are making digital payments at metros and also at stores in small towns. India-based SBI Cards, a major payment solution provider, is reportedly planning to raise approximately $1.4 billion via an initial public offering (IPO) which would be the… Read More

December 27, 2017 @ 9:25 am By Erin Hobey  |  

Ahmedabad-based SME lending startup and Digital Lenders Association of India member Lendingkart Finance has secured $3.8 M (INR 25 Cr) in debt from the State Bank of India according to multiple news sources, just three months after hauling in $10.9M (INR 70 Cr) in funding round led… Read More

October 10, 2017 @ 2:05 pm By Samantha Hurst  |  

The State Bank of India (SBI) announced on Tuesday it has formed a partnership with Moody’s Analytics to provide bank-wide credit certification to SBI’s employees enabling them to source, appraise, and monitor loans faster. According to SBI, the initiative enhances the bank’s market-leading credit curriculum with the globally recognized expertise of Moody’s Analytics. It also… Read More

June 22, 2016 @ 12:04 am By JD Alois  |  

Everybody’s Doing It. The State Bank of India (SBI) is the most recent government controlled financial entity that is embracing the Fintech rush. According to multiple reports, India’s largest bank has created a $30 million fund to help startups in the financial sector. The fund… Read More