New Delhi, July 4 Almost all companies across sectors have suffered a revenue de-growth of 5 per cent for Q4FY20, a SBI Ecowrap report said on Friday. The report pointed out that sectors also suffered from around 30 per cent
New Delhi, June 26 India might lose $438 billion worth of output over next 2 years due to economic disturbance caused by Covid-19 outbreak, a SBI Ecowrap report said. The report’s estimates are based on the International Monetary Fund’s projections
New Delhi, June 12 The State Bank of India will divest 2.1 per cent stake in SBI Life to achieve the minimum public shareholding of 25 per cent. In a regulatory filing, SBI said that it proposes to sell up
New Delhi, June 6 State Bank of India (SBI) on Friday reported a four-fold jump in its net profit for the January-March quarter of financial year 2019-20 at Rs 3,581 crore. The net profit for the quarter rose by 327
New Delhi, June 2 In a major restructuring exercise, the State Bank of India (SBI), the largest lender of the country, has created a separate FI&MM vertical within the Bank with an exclusive focus on Financial Inclusion & Micro markets
Mumbai, May 19 In battle against the COVID-19 crisis, employees of the country’s largest lender, State Bank of India (SBI) have decided to contribute an additional amount of Rs 7.95 crore to the Prime Minister’s Citizen Assistance and Relief in
Mumbai, April 8 Lending major State Bank of India (SBI) on Tuesday reduced the marginal cost of funds-based lending rate (MCLR) by 35 basis points across tenors. In financial parlance, MCLR is an internal reference rate that commercial banks use to
New Delhi, April 3 The State Bank of India has decided to allow withdrawals from Jan Dhan accounts only in a staggered manner to prevent rush of account holders looking for cash during the difficult period of Covid-19 induced lockdown.
New Delhi, April 3 The State Bank of India has decided to allow withdrawals from Jan Dhan accounts only in a staggered manner to prevent rush of account holders looking for cash during the difficult period of Covid-19 induced lockdown.
New Delhi, March 31 In the fight against COVID-19, around 2,56,000 employees of the country’s largest lender, State Bank of India (SBI), have decided to contribute two days’ salary to the Prime Minister’s National Relief Fund. With this collective effort
New Delhi, March 28 In a major relief for its customers, the State Bank of India (SBI) on Friday said that it would pass on the entire 75 basis point rate cut to its retail borrowers. In a statement, the
New Delhi, March 18 A combination of monetary as well as fiscal policy could be the best option to deal with the economic fallout of coronavirus, a State Bank of India report said on Tuesday. It said that on the
SBI to invest in 49 % stakes, ICICI bank to invest 100 cr & HDFC board also investing New Delhi, March 13 The Union Cabinet on Friday approved a reconstruction plan for cash-strapped Yes Bank, under which the State Bank
New Delhi, March 12 The State Bank of India (SBI) on Thursday said that its Executive Committee of Central Board (ECCB) has approved the purchase of 725 crore shares in Yes Bank at Rs 10 per share, which adds up
Mumbai, March 11 The State Bank of India (SBI) here on Wednesday reduced the marginal cost of funds-based lending rate (MCLR) by 10-15 basis points across tenors. “The one-year MCLR comes down to 7.75 per cent from 7.85 per cent
Mumbai, March 9 State Bank of India (SBI) will acquire a 49 per cent stake in the reconstructed Yes Bank by acquiring 245 crore shares at a price of Rs 10 each for Rs 2,450 crore in Yes Bank. Under
Mumbai, March 6 (IANS) While denying that any negotiations took place to acquire equity in Yes Bank, State Bank of India (SBI) has said that it has given an in-principle approval to explore investment opportunity. In a regulatory filing to exchanges,
New Delhi, Feb 25 The IPO Committee of SBI Card has set the price band for its initial public offering (IPO) in the range of Rs 750-755 per equity share. In a regulatory filing, State Bank of India late on
New Delhi, Feb 7 In its ninth consecutive cut in MCLR by a bank in the current fiscal, India’s top lender State Bank of India (SBI) on Friday aannounced a cut in the retail fixed deposits or FD rates effective
A Memorandum of Understanding was signed between South Central Zone of Indian Railways and State Bank of India for Doorstep Banking for direct pickup of earnings covering all 585 Railway stations over SCR Zone. The direct pick up of cash
 |
 |
 |
|---|---|---|
 |
 |
 |
 |
 |
 |
 |
 |
 |
