Page 16 - Sbi

TCS to take decade-long relationship with SBI Cards to a new level

The tech firm will expand the next leg of digital transformation at SBI Cards

Bank liable for break-in and theft from locker

The National Commission observed that when a locker is broken into, it constitutes a breach of the promised assurance of safety, and is hence, a deficiency in service

Chinese lenders dominate APAC bank rankings with 22 in the top-50 list

India's ICICI Bank, at 50th spot, among newest additions to the compilation, which also has SBI (22) and HDFC Bank (44)

Top headlines: Plan for 75 digital banks, IPL broadcast rights, and more

Business Standard brings you the top headlines on Wednesday

State Bank of India seeks accountability on Future Retail store takeovers

Lenders have charge of inventory, exec says on RIL taking possession of some stores

Top headlines: CoinDCX raises $135 mn; Lavrov says Ukraine op in new stage

Business Standard brings you the top headlines on Tuesday

SBI hikes lending rate by 0.1% across all tenures; EMIs to go up

The lending rate revision by SBI is likely to be followed by other banks in the days to come

Loans to be costlier as banks hike rates; SBI, Axis revise MCLR upwards

Kotak Mahindra Bank, increased its one-year MCLR by 5 bps to 7.4 per cent, from April 16

SBI raises $500 million through three-year syndicated loan at fine pricing

This is the first offshore Secured Overnight Financing Rate (SOFR)-linked loan by SBI through its IFSC Gift City Branch

Coins worth Rs 11 cr missing from SBI vaults; CBI takes over investigation

State Bank of India (SBI) had approached the Rajasthan High Court seeking a CBI probe into the matter as the missing amount was higher than Rs 3 crore, the threshold for seeking a probe by the agency.

SBI to hire consultant to explore biz potential in EV charging space

SBI said the eligible bidder must be an Indian company/ LLP /partnership firm registered under applicable Act in India

CCI probes debt trustee units of SBI, Axis, IDBI on suspected fee cartel

Indian regulations mandate that companies raising debt appoint a so-called 'debenture trustee' to protect the interests of investors.

NARCL: Procedural delays led to non-transfer of Rs 50k-cr NPAs by Mar 31

Non-performing assets worth Rs 50,000 crore could not be transferred to the National Asset Reconstruction Company Ltd by March 31 due to "procedural delays", a senior bank official said on Wednesday

NARCL chairman Pradip Shah quit before RBI nod: State Bank of India

After Shah stepped down, Subrata Biswas, a deputy managing director of SBI and one of the nominee directors of NARCL, was appointed as interim chairman

IDRCL: Stakes of Canara Bank, SBI, PNB and Union Bank reduced to 5% each

The reduction of stake is on account of issuance of fresh shares on preferential basis to the existing shareholders

India's SBI exploring new ways to resolve retail loan stress

SBI, which is India's largest lender by assets, had gross non-performing assets of 1,200 billion rupees at the end of December, representing 4.5% of its loan book

Lenders restructure Jain Irrigation's debt worth Rs 3,878 cr

The debt recast covered aspect like converting about 40 per cent of the total debt into long term non-convertible debentures at an interest rate of 0.01%

SBI to buy entire share of three stakeholders in SBI Global Factors

The decision was taken in a meeting of the Executive Committee of Central Board (ECCB) of SBI held on March 29, 2022

Top headlines: JioMart Express pilot to start, the oil price conundrum

Business Standard brings you the top headlines at this hour

For FY23, State Bank of India eyes Rs 10K-cr loan book via co-lending

The bank is roping in an IT vendor for building a digital interface platform for co-lending to manage risks, accounting, reconciliation, minimise physical interface and reduce defaults