Corporate credit

SBI Q1 result | SBI share price: SBI will grow but not at the cost of profitability; aspires to generate Rs 1 trillion PAT: Dinesh Kumar Khara

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SBI Q1 result | SBI share price: SBI will grow but not at the cost of profitability; aspires to generate Rs 1 trillion PAT: Dinesh Kumar Khara

Dinesh Kumar Khara, Chairman, SBI, says the bank has to balance the interests of multiple stakeholders and the shareholders are very important stakeholders. The bank has to create value for them and that is the reason SBI always wants to grow but not at the cost of profitability. Khara says his ambition was to see … Read more

SoftBank to raise $1.86 billion in debt as CEO talks up ‘super’ AI

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SoftBank to raise .86 billion in debt as CEO talks up ‘super’ AI

Masayoshi Son, chairman and chief executive officer of SoftBank Group Corp., speaks during the company’s annual general meeting in Tokyo, Japan, on Friday, June 20, 2024. Son sketched out ambitions to help create AI thousands of times smarter than any human, making his most grandiose pronouncements since the Japanese conglomerate began taking steps to shore … Read more