State Bank of India (SBI) has raised 3-year funds of $500 million (over Rs 3,800 crore) through a syndicated loan facility at "very fine pricing" through its IFSC Gift City branch.
Union Minister for Micro, Small and Medium Enterprises Shri Narayan Rane inaugurated the Ministry's Mega Event- "Enterprise India" under Azadi Ka Amrit Mahotsav.