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.
The India Post Payments Bank (IPPB) has launched an initiative called Fincluvation, as a part of the occasion of the Azadi ka Amrit Mahotsav to celebrate the 75th anniversary of Indian Independence.