State Bank of India

Bank equipment finance group based in Mumbai, India.

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Mumbai-headquartered State Bank of India is the country's largest bank, a public sector lender constituted in 1955 with roots in the 1806 Bank of Calcutta, about 23,000 branches and 245 offices in 29 foreign countries. Its corporate and project finance groups lend to large borrowers, and in early 2024 it provided Yotta Data Services about Rs 13.57 billion (roughly $163 million) of long-term debt.

Profile

TypeBank
HeadquartersMumbai, India
Websitesbi.bank.in
Founded1955
CoverageInternational
ProductsTerm loans, Project finance
SectorsData centers, Infrastructure, AI and GPU infrastructure

Sources: State Bank of India, Indian Infrastructure.

GPU and data center financings

Public financings naming State Bank of India, from the GPU Financing Tracker.

DateBorrowerAmountTypeRoleSource
Feb 11, 2024Yotta Data Services$163MTerm loanleadIndian Infrastructure

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