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Indian economy in transition phase, growth to come back: SBI Chairman

Growth can come back. Because of a lot of (reforms), economy is in transition, said SBI chief Rajnish Kumar.

24 Oct 2019 12:36 PM IST

LICs stake went up in seven Sensex companies during Q4. They are: Bajaj Auto; Mahindra & Mahindra; Kotak Mahindra Bank; HDFC Bank; ONGC; Coal India; and ITC.

Domestic cues point to volatility

Global markets haven't been supportive while the domestic cues are pointing to volatility.

24 Oct 2019 1:35 AM IST

The SBI has announced the launch of its UK subsidiary, SBI (UK) Limited, with an initial capital commitment of 225 million pounds from its parent entity.

SBI to conduct e-auction of 11 accounts to recover dues of Rs 467...

The bank said the financial assets were showcased on October 12 and the e-auction will take place on November 7.

21 Oct 2019 12:03 PM IST

SBI chairman designate Rajnish Kumar.

Indian Banks Association elects Rajnish Kumar as chairman

The government and regulators, said it has three top bankers from various lenders as its deputy chairmen.

19 Oct 2019 1:08 PM IST

Leading public sector lenders State Bank of India (SBI) and Punjab National Bank (PNB) have put their 15 non-performing assets worth Rs 1,063 crore for sale.

SBI re-enters top-10 most valued firms list; replaces Bajaj Finance

The bank had on October 1 lost its spot to Bajaj Finance in the coveted club of top-10 most valued domestic companies.

14 Oct 2019 9:54 PM IST

Leading public sector lenders State Bank of India (SBI) and Punjab National Bank (PNB) have put their 15 non-performing assets worth Rs 1,063 crore for sale.

SBI lowers rates on non-repo-linked loans by 10 bps

The rate reduction is not applicable to the repo-linked loans.

9 Oct 2019 10:46 AM IST

The SBI has announced the launch of its UK subsidiary, SBI (UK) Limited, with an initial capital commitment of 225 million pounds from its parent entity.

SBI steeply slashes deposit rates; lowers lending rates marginally

This is the seventh consecutive cut in lending rates by the bank this fiscal.

8 Nov 2019 11:45 AM IST

Finance Minister Nirmala Sitharaman, while talking to reporters, said states too will have to make efforts in improving the business climate in India, especially with regard to property registration. (Photo: File)

Cabinet approves Rs 25,000 crore fund for stalled housing projects

The fund will finance 1,600 stalled housing projects comprising 4.58 lakh housing units across India, said FM...

6 Nov 2019 8:34 PM IST

NTPC signs term loan of Rs 5,000 cr with SBI

The loan facility has been extended at an interest rate linked to 3-month MCLR of the bank and has a door-to-door tenure...

7 Dec 2019 3:16 PM IST

The share price of SBI slumped 3.79 per cent to close at Rs 304.45 as the quarterly numbers were below what the market participants had anticipated.

SBI okays to dilute 8.25 pc stake in UTI AMC initial public offer

The bank said it offers to sale up to 1,04,59,949 equity shares subject to approval from the Sebi.

4 Dec 2019 7:01 PM IST

State Bank of India

SBI set to own 15 pc of Jet Airways after debt for equity swap:...

Jet Airways would seek a shareholder nod next month to convert existing debt into equity,

29 Jan 2019 4:16 PM IST

The state consumer commission had held Jet Airways responsible for causing losses to a passenger.

SBI chief to seek open offer exemption for Etihad Airways

Banking sources divulged that Etihad was unwilling to pay beyond Rs 150 per share for the cash-strapped Jet Airways.

24 Jan 2019 10:41 AM IST