State Bank of India is an Indian multinational public sector bank and financial services statutory body headquartered in Mumbai, Maharashtra.

Glob.Revenue, mln.USD
30661
Capital(RF), mln.USD
45
Assets(RF), mln.USD
572

State Bank of India and Bank of Baroda informed refiners they will not handle payments for oil bought above the limit.

The Company Statement
September 14, 2023

Facilitating rupee trade with Russia. Canara Bank on 20.01.2023 has entered into a share sale agreement in relation to sale of equity shares held by it in Moscow-based CIBL with SBI, the bank said in a regulatory filing. State Bank of India and Bank of Baroda informed refiners they will not handle payments for oil bought above the limit.

August 03, 2023The Central Bank of India approved 34 applications from Russian banks to open accounts in rupees
August 03, 2023The Central Bank of India approved 34 applications from Russian banks to open accounts in rupees
April 26, 2023SBI seeks oil data to avoid sanction risk
April 13, 2023Russian Oil to India May Be Hit by OPEC+ Drive for Higher Prices
March 24, 2023Canara Bank sells stake in Russian joint venture to SBI for Rs 121 crore
March 03, 2023Exclusive: Indian refiners pay traders in dirhams for Russian oil
January 21, 2023Canara Bank to sell its stake in Russian joint venture to SBI for Rs 114 crore
January 20, 2023Indian Canara Bank announced the sale of a stake in Moscow-based Indo Bank for $14.67 million
March 03, 2022SBI stops transactions related to Russian entities under sanctions
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