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.
Vice Chief Lt Gen Manoj Pandey is all set to take over as the Chief of Army Staff as the current Chief of Army Staff General MM Naravane, seen as the frontrunner for the post of Chief of Defense Staff, will retire by the end of this month.