Being an Indian, we have all heard of SBI at least once in our lifetime and in the best predictability, we have at least one bank account with the nation’s largest lender. SBI which is an acronym for the State Bank of India is an entity completely run and managed by the Government and is a conglomeration of various different financial institutions.
Onwards from 2016, SBI has been on a run to acquire and merge various of its subsidiaries like State Bank of Mysore, Hyderabad etc. and even merged with financial institutions outside of its brand name. But this year in 2019, SBI announced a sale of its stocks for around 1.4 billion USD for its holdings in various financial institutions.
In this strategic move by the country’s largest lender, SBI has chosen underwriters whose sale can raise as much as 1.4 billion USD. As of now, the official announcement for this deal has only been made public on the official PR release by the bank. In its statement, SBI announced that it has chosen Bank of America Corp., CLSA Ltd. and HSBC Holdings Plc as the main organizers of the sale. Other financial institutions that were chosen include Kotak Mahindra Bank Ltd. and SBI Capital Markets Ltd. which have been chosen to work on this massive deal.
Market experts from around India are predicting that this move is an attempt to bolster SBI’s capital buffers as it plans to churn out loans at a faster pace in the upcoming years. If we take a close at the credit market, it is easy to understand that it has been growing at the fastest pace since the past 5 years, after a slight recession to shadow money lenders.
Once the sale goes through, it is set to add 11.5 Billion USD into the Indian economy as per the data gathered by Bloomberg India. As of now, the finer details of the sale have not been made public and the fundraising target could change in the upcoming days.
-
PGP in New Age BankingCo-created with Imarticus Learning4.8 out of 5 by 669 learners4x Industry Demand
-
POST GRADUATE DIPLOMA IN MANAGEMENTCo-created with BIMTECH4.8 out of 6071 learners2x industry demand
-
MBA in Investment BankingCo-created with Jain University4.5 out of 5 by467 learners2x industry demand
-
MBA in FintechCo-created with Jain University4.4 out of 5 by 349 learners2x industry demand
-
MBA (Distance) in Banking and Finance with NGASCECo-created with NMIMS4.7 out of 5 by 669 learners4x Industry Demand
-
Post Graduate Program in Banking and Credit Underwriting4.7 out of 5 by 1376 learners12 X industry demand
-
Post Graduate Program In Finance And AccountingCo-created with Grant Thornton4.9 out of 5 by 238 learners14 X industry demand
-
Professional Certification in FinTechCo-created with SP Jain School of Global Management4.6 out of 5 by 1421 learners6X industry demand
-
Credit Risk and Underwriting ProdegreeCo-created with Moody’s Analytics4.6 out of 5 by 1139 learners4X industry demand
CATEGORIES
- Post Graduate Program in Banking & Credit Underwriting
- Credit Risk & Underwriting
- Business Management
- NMIMS PGDBM in Banking and Finance Management
- Marketing
- Post Graduation Program in Digital Marketing with Digitas
- MBA in Fintech
- MBA in Investment Banking
- Imarticus Worldversitites
- Digital Marketing
- #ImarticusBrightestMinds
- BBA in Banking and Finance
- Corporate Leadership
- Finance
- Business Analysis
- Analytics
- Career Readiness
- What Is
- newsroom
- Webinars
- Business Communication
- Analytics
- Trade Operations
- Imarticus Videos
- Learning Materials
- How To
- Data Scientist
- Kl Analytics
- Business Intelligence
- Technology
- Trade Life Cycle
- Artificial Intelligence
- Kl FinTech
- Web Development
- Careers
- Industry Videos
- FinTech
- Python
- Agile Development
- Corporate Action
- Career
- Management
- Blog
- Investment Banking
- Big Data
- KL Artificial Intelligence
- Upskilling
- Announcements
- Infographics
- Data Analysis
- Business Analyst
- Testimonials
- AML
- Career
- Scrum
- Full Stack Developer
- COE
- Blockchain
- uncategorized
- Financial Analyst
- Post Graduate Program for Agile Business Analyst
- Full Stack Development
- Data Analyst
- Agile BA & Scrum Prodegree with SAP
- Data Science
- Fintech courses
- Financial Modelling
- machine learning
- Data Science Career
- Data Science with Genpact
- Data Analytics
- Machine Learning and Deep Learning Prodegree
- Post Graduate Program in Analytics & Artificial Intelligence
- Machine Learning
- Financial Analysis
- Portfolio Management
- Fintech
- Post Graduate Program In Finance And Accounting
- Certified Investment Banking Operations Professional
- Capital Markets
- Financial Analysis with KPMG
- Credit Risk and Underground Prodegree in Collaboration with Moody’s Analytics
- Banking And Wealth Management Bootcamp
- New Age Banking
- Fintech Prodegree in Collaboration with Rise Mumbai Co-Created by Barclays
Recent Blogs
- Understanding Capital Markets June 29, 2022
- How Imarticus Learning's Finance courses can help you get a job June 29, 2022
- Hiring Managers: Become a supply chain analyst with 5 characteristics June 29, 2022
Archives
TRANSFORM YOUR CAREER
I accept Imarticus Terms and
conditions
conditions
For Online Course Enquiries


About Imarticus
Imarticus Learning is India’s leading professional education institute that offers training in Financial Services, Data Analytics & Technology. We’ve successfully transformed careers of over 35,000+ individuals globally through our Certification, Prodegree, and Post Graduate programs offered in association with leading and renowned global organisations in the Financial Services, Data Analytics & Technology domain.
Related course
-
Placement ProgramPGP in New Age BankingCo-created with Imarticus LearningCourse duration(Months)24Upcoming batches1Organizations enrolled204.8 out of 5 by 669 learners4x Industry DemandUpcoming Batches
Date Location Schedule 8th Jan 2022 Live Instructor - Led Training Online Date Location Schedule -
FinancePOST GRADUATE DIPLOMA IN MANAGEMENTCo-created with BIMTECHCourse duration(Months)24Upcoming batches1Organizations enrolled204.8 out of 6071 learners2x industry demandUpcoming Batches
Date Location Schedule Live Instructor - Led Training Online Date Location Schedule -
Recent GraduatesMBA in Investment BankingCo-created with Jain UniversityCourse duration(Months)24Upcoming batches1Organizations enrolled204.5 out of 5 by467 learners2x industry demandUpcoming Batches
Date Location Schedule 31st July ONLINE Online Date Location Schedule -
Recent GraduatesMBA in FintechCo-created with Jain UniversityCourse duration(Months)24Upcoming batches1Organizations enrolled204.4 out of 5 by 349 learners2x industry demandUpcoming Batches
Date Location Schedule 31st July ONLINE Online Date Location Schedule -
Placement ProgramMBA (Distance) in Banking and Finance with NGASCECo-created with NMIMSCourse duration(Months)24Upcoming batches1Organizations enrolled204.7 out of 5 by 669 learners4x Industry DemandUpcoming Batches
Date Location Schedule 8th Jan 2022 Live Instructor - Led Training Online Date Location Schedule -
Post GraduatePost Graduate Program in Banking and Credit UnderwritingCourse duration(6)Upcoming batches1Organizations enrolled204.7 out of 5 by 1376 learners12 X industry demandUpcoming Batches
Date Location Schedule Not Available MUMBAI Online Date Location Schedule -
Post GraduatePost Graduate Program In Finance And AccountingCo-created with Grant ThorntonCourse duration(months)4Upcoming batches1Organizations enrolled204.9 out of 5 by 238 learners14 X industry demandUpcoming Batches
Date Location Schedule None DELHI Online Date Location Schedule -
CertificationProfessional Certification in FinTechCo-created with SP Jain School of Global ManagementCourse duration(Months)3Upcoming batches1Organizations enrolled204.6 out of 5 by 1421 learners6X industry demandUpcoming Batches
Date Location Schedule 27th November Live Instructor - Led Training Online Date Location Schedule -
PRODEGREECredit Risk and Underwriting ProdegreeCo-created with Moody’s AnalyticsCourse duration(Months)3Upcoming batches2Organizations enrolled204.6 out of 5 by 1139 learners4X industry demandUpcoming Batches
Date Location Schedule 13th February ONLINE Weekend Date Location Schedule 29th May ONLINE Weekend -
Post GraduationPGP in Banking and Wealth ManagementCourse duration(Months)2-3Upcoming batches1Organizations enrolled204.6 out of 5 by 1429 learners3X industry demandUpcoming Batches
Date Location Schedule 21st October CHENNAI Weekday Date Location Schedule