State Bank of India (SBI)

Company description

State Bank of India (SBI) is an Indian multinational banking and financial services company. It is a government-owned corporation with its headquarters in Mumbai, Maharashtra. As of December 2013, it had assets of US$388 billion and 17,000 branches, including 190 foreign offices, making it the largest banking and financial services company in India by assets.

State Bank of India is one of the Big Four banks of India, along with ICICI Bank,Punjab National Bank and HDFC Bank.

The Bank's Project Finance Strategic Business Unit (PF - SBU) invests in: infrastructure sector (roads, urban infrastructures, power and utilities, oil & gas and other natural sources, ports, airports and telecomunications), manufacturing & services, and expertise. The recent transactions undertaken by PF-SBU include a wide range of projects undertaken by the Indian Corporates.

Company details

Corporate Centre, IV Floor, State Bank Bhawan,Madame Cama Road

Participation in projects

Projects Transactions
List of the updates in which the company was involved

Company updates

  • July 04, 2019

    SBI, NIIF sign MoU for infrastructure projects boost

    The State Bank of India and the government-anchored fund manager National Investment and Infrastructure Fund (NIIF) have signed a memorandum of understanding (MoU) that aims to boost the cap...

    Read more
  • August 23, 2018

    Lenders to replace operator of NH-48 Karnataka Highway

    A group of lenders led by State Bank of India (SBI) have invited bids to replace Lanco Devihalli as the concessionaire of an 80-km stretch along NH-48 in Karnataka. The special purpose vehicle is...

    Read more
  • September 14, 2016

    Welspun achieves FC for road project in India

    National Highways Authority of India (NHAI) and Welspun Enterprises have achieved financial closure for the Delhi - Meerut road PPP project.

    Read more
  • January 25, 2016

    China Water Affairs Group gets financing for water distribution in China

    The Asian Development Bank (ADB) has signed an agreement in partnership with 18 banks to support a water supply and distribution project of the China Water Affairs Group (CWA), which aims to improve a...

    Read more
  • December 15, 2015

    Ashoka Buildcon refinances and buys stake in Jaora-Nayagaon Toll Road

    Ashoka Buildcon has refinanced and bought a stake in Jaora-Nayagaon section of state highway number 31 in Madhya Pradesh, India.

    Read more
  • October 13, 2014

    ADB, 13 Banks sign $288 million B-Loan for wastewater projects in China

    The Asian Development Bank (ADB) has signed an agreement in partnership with 13 banks to support Beijing Enterprises Water Group Company Limited (BEWG) to promote high standard wastewater treatment an...

    Read more
  • September 15, 2014

    IL&FS establishes African advisory venture with AfDB support

    The AfDB Bank announced it is contributing a US$5-million equity investment to the establishment of Kukuza Project Development Company (KPDC), a new firm that would focus on early-stage design and pre...

    Read more
  • June 30, 2014

    Piramal and SBI sign MOU to acquire road PPP assets

    State Bank of India's investment banking arm SBI Capital Markets (SBICAP) and Piramal Enterprises (PEL) have signed a memorandum of understanding (MOU) to cooperate on business related opportunities i...

    Read more
  • November 12, 2013

    SBI Macquarie infra fund acquires road project in India

    SBI Macquarie Infrastructure Trust and Macquarie SBI Infrastructure Fund have acquired 74% stake in a Trichy road project developed by IJM Corporation of Malaysia and Shapoorji Pallonji for Rs 2,750 m...

    Read more