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State Bank of India Page-2

SBI Cards says IPO process initiated, decision on timing to hit mkt soon

State Bank of India (SBI) holds 74 per cent stake in the SBI Card and the rest is held by Carlyle Group.

02 Sep 2019 8:03 PM

Link bulk deposits to repo for effective transmission of interest rates: SBI report

A dozen public sector banks, including State Bank of India, have voluntarily linked their interest rates to repo.

21 Aug 2019 11:31 AM

SBI announces home, auto loans at cheaper rates during festival season

Customers can avail the cheaper loans with added benefits such as waiver in processing fees among others.

20 Aug 2019 3:19 PM

Time has come for banks to link loans, deposits to repo rate: RBI Gov Das

SBI was to first one to link loans and deposits to the repo rate from May and home loans from July, six other banks followed.

19 Aug 2019 12:40 PM

Credit demand subdued, economy needs stimulus: SBI Chairman

Though lack of credit demand exists in the economy, there is no supply-side constraint said SBI Chairman Rajnish Kumar.

18 Aug 2019 5:50 PM

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SBI seeks bids for Videocon's overseas oil, gas assets

SBI said it had appointed consultant Deloitte to find buyers for Videocon’s exploration assets in Brazil and Indonesia.

05 Aug 2019 12:57 PM

SBI posts Rs 2,312 crore profit, but slippages rise

The lender had reported a net loss of Rs 4,876 crore during Q1FY19.

03 Aug 2019 1:18 AM

SBI reports first quarter profit of Rs 2,312 crore with improved asset quality

The country's largest commercial bank had registered a net loss of Rs 4,876 crore during Q1 FY19.

02 Aug 2019 4:00 PM

SBI slashes deposit rates by 20-75 bps

For five years to up to 10 years, the new rate is 6.5 per cent.

30 Jul 2019 1:21 AM

Government mulls splitting top tier of general insurers

To a question if their tenure will also be similar to those of the banks, the source said, the government is working on this aspect.

16 Jul 2019 1:34 AM

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Nine of top-10 firms lose Rs 88,609 cr in m-cap

RIL was the lone gainer among the top-10 frontline companies, adding Rs 11,415.21 crore to its m-cap.

14 Jul 2019 2:40 PM

State Bank of India waives off IMPS, NEFT and RTGS charges

This means that SBI account holders will not have to pay fees for online money transfers.

12 Jul 2019 3:10 PM

Jet Airways Employee Consortium, AdiGroup to bid for 75 pc of airline

The debt-laden company became went into bankruptcy on June 20.

28 Jun 2019 5:06 PM

Jet Airways: Etihad's demands for open offer waiver, slots pledge not feasible: SBI

SBI-led consortium of 26 lenders had decided to seek resolution under IBC as they had received only a conditional bid.

21 Jun 2019 8:03 PM

SBI’s repo-linked loans to have 33-year tenure

The new product will reportedly have a relatively higher EMI load in the beginning so that the burden comes down with age.

21 Jun 2019 3:16 AM

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Unprecedented rally in Jet Airways shares; zoom over 122 pc

At the NSE, shares rose by 122.20 per cent to close at Rs 73.55.

20 Jun 2019 6:57 PM

Centre, states need to pursue labour law reforms: SBI report

Making a case for labour law reforms, the report said the investors look out for stability and sustainability.

20 Jun 2019 4:33 PM

Jet Airways shares bounce back; zoom 19 per cent

In the last 13 trading days, shares of Jet Airways have tumbled 78 per cent.

20 Jun 2019 12:57 PM

Jet Airways shares dwindle further; tank 18.5 per cent

The scrip tanked 18.17 per cent to close at Rs 33.10 on the BSE.

19 Jun 2019 6:48 PM

SBI to offer home loans on basis of repo rate

In first week of June RBI had lowered the repo rate to 5.75 per cent.

19 Jun 2019 2:20 PM

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