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State Bank of India Page-4

SBI plans to raise USD 2.5 billion from bonds

The executive committee of the central board will take decision in this regard on April 24, SBI said in a regulatory filing.

18 Apr 2019 7:36 PM

Grounded Jet Airways' shares sink, rivals race to grab airport slots

Investors punished Jet shares on Thursday, driving them down 34 per cent in their biggest intraday fall.

18 Apr 2019 5:38 PM

Resolve Jet Airways’ mess

Jet’s fate will depend on a viable solution being found, and a quick revival of airline operations that will be a win-win for all parties concerned.

18 Apr 2019 12:14 AM

'No joy of flying', as Jet Airways grounds operations temporarily

The airline said the decision follows the lenders refusing to offer a Rs 400-crore lifeline.

17 Apr 2019 7:43 PM

PFC completes REC acquisition, pays Rs 14,500 cr to government

The transaction has helped the government meet its disinvestment target of Rs 80,000 crore for the current financial year.

28 Mar 2019 2:30 PM

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After Jet Airways bailout, Mallya criticises PSBs for 'double standards'

In series of tweets reacting to banks taking over management control of troubled Jet, Mallya said, 'Only wish same was done for Kingfisher'.

26 Mar 2019 9:56 AM

SBI raises Rs 1,251 crore via debt

The bonds carry a coupon of 9.45 per cent payable annually with call option after five years.

23 Mar 2019 1:59 AM

Hectic efforts on to save Jet Airways

SBI Chairman, Aviation Secretary and Principal Secretary to the PM met Finance Minister on Wednesday.

21 Mar 2019 1:01 AM

SBI central board to meet later this week for extension of capital raising timeline

In December SBI shareholders approved its plans to raise up to Rs 20,000 cr through various modes including FPO, to fund growth.

18 Mar 2019 2:22 PM

Jet Airways grounds its operations in Abu Dhabi Airport

Jet Airways has a debt of over Rs 8,200 crore and needs to make repayments of up to Rs 1,700 crore by the end of March.

18 Mar 2019 11:23 AM

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Jet Airways planes to be redeployed if no restructure agreed this month: lessor

The grounding of nearly one-quarter of the airline’s fleet has led to cancellation of hundreds of flights and complaints from customers.

08 Mar 2019 1:03 PM

SBI writes of Rs 10,000 as bad loans; 19 PSBs totalling Rs 41,000 as bad loans

The banks had written off loans valuing just Rs 33,259 crore in Q2FY19, hopping 24 per cent y-o-y.

20 Feb 2019 4:20 PM

SBI takes work-life balance to a new high cutting mechanical lives in the bud

The programme, christened Nayi Disha or the new path, focuses on work-life balance and also involves the staffs immediate family members.

17 Feb 2019 11:07 AM

SBI cuts home loan rates by 5 basis points

One basis point is one hundredth of a percentage point.

09 Feb 2019 2:15 AM

No incidents of security breach reported, says SBI chief

On the bank’s digital push, the chairman said, some 85 per cent of its entire transactions take place outside branches.

05 Feb 2019 10:37 AM

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State Bank of India fixes glitch that may have exposed customer data

SBI had secured an unprotected server that could have allowed anyone to access information on millions of its customers.

03 Feb 2019 10:34 AM

Jet Airways, bankers to meet airline's vendors to discuss debt plan: sources

Jet Airways is close to reaching a deal with State Bank of India for a fresh loan of 15 billion rupees.

05 Jan 2019 10:37 AM

SBI may raise Rs 12,000 crore overseas for PFC’s REC buy

The bank has been favoured due to its ability to raise large amount of funds.

24 Dec 2018 10:18 AM

SBI raises deposit rates by up to 10 bps

The new rates ranging from 5 to 10 bps are applicable for deposits below Rs 1 crore and are effective immediately.

29 Nov 2018 12:09 PM

SBI chief sees bad loan provision falling after two quarters

India’s banks have been plagued by a surge in non-performing loans which hit a record USD 150 billion at the end of March.

12 Oct 2018 5:23 PM

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