Page 18 - Sbi

State Bank of India's exposure to Russia, Ukraine less than $10 mn

Banks will get 10 days to complete the processing of payments to avoid near-term problems for businesses

SBI Multicap NFO garners Rs 7,500-8,000 crore; biggest mop-up in its space

SBI Multicap Fund, an open-ended equity scheme will be investing in a mix of best ideas across large, mid, and small cap companies identified through a robust research process

LIVE: 26 flights over next 3 days to bring back Indians from Ukraine

After the first round of negotiations which took place on Monday and produced no tangible results, the sides had said they would meet again in the coming days

SBI not to process transactions for sanctioned Russian entities: Reports

India, which has deep trade and defense ties with Russia, has so far not publicly condemned its long-standing ally, but has called for an end to violence, for diplomacy & dialogue to resolve conflict

Rishi Agarwal of ABG Shipyard questioned by CBI in bank fraud case

The central probe agency had registered an FIR in the matter on February 7, 2022 on a complaint filed by SBI 17 months ago on August 25, 2020

SBI, Bank of Baroda and Union Bank subscribe to shares of IDRCL

Public sector banks SBI, Bank of Baroda and Union Bank on Friday said they have subscribed to 99,000 shares each of the yet to be operational asset reconstruction company IDRCL

India's GDP likely to grow at 5.8% in Oct-Dec, says SBI report

India's gross domestic product (GDP) is likely to grow at 5.8% in the third quarter of fiscal 2022 from October to December, says Ecowrap- SBI's research report.

DFS Secretary Sanjay Malhotra nominated as a director on SBI board

State Bank of India (SBI) on Thursday announced that the government has nominated Financial Services Secretary Sanjay Malhotra as a director on its board.

ABG case another feather in Congress' cap of blatant corruption: BJP

What has been described as Rs 22,000 crore scam started in 2012 and the company's loan was restructured in March 2014 in the last days of the UPA government, said Sudhanshu Trivedi citing CBI report

No effort to delay ABG Shipyard investigation by lenders, says SBI

On Friday, CBI booked the firm, its former CMD and others for allegedly cheating a consortium of banks for over Rs 22,842 crore, touted as the biggest fraud in Indian banking history

SBI expects to recover Rs 8,000 cr from written-off accounts in FY22

Bank's net profit during the quarter surged by 62.27 per cent to Rs 8,432 crore.

Hero Electric ties up with State Bank of India for retail finance

The customers can now ride home their favourite company scooter at the lowest interest rates across India for a hassle-free experience, Hero Electric said in a statement

SBI-backed Cashfree Payments records 48% growth in net profit to in FY21

Last year, banking giant SBI was reported to have invested an undisclosed sum in the fintech start-up at a valuation of $200 million

Analysts see up to 41% upside in SBI, BoB; credit growth to be key driver

Shares of State Bank of India (SBI) and Bank of Baroda (BoB) jumped 3 per cent and 9.7 per cent, respectively, in intra-day trade on Monday, and hit fresh record highs of Rs 547 and Rs 117 apiece

SBI YONO leads neobanking club with 54 million monthly active users

According to SBI's assessment, YONO is valued at around $40 billion but analysts say that it would have surpassed or hit $50 billion in 2021.

Sensex dips 1,024 pts amid rising oil price, FII selling; Nifty holds 17200

FIIs' favorite names and heavyweights like HDFC twins, ICICI Bank, Infosys, Kotak Bank, and Reliance Industries saw sharp cuts

SBI lines up 6 NPA accounts for sale to ARCs to recover dues of Rs 406 cr

The interested ARCs/banks/NBFCs/FIs can conduct due diligence of these assets with immediate effect

News updates: RBI postpones MPC meet by a day to February 8

Live news updates: A recipient of the Dadasaheb Phalke award in 1989, Mangeshkar recorded songs for over a thousand Hindi films.

SBI Q3 net profit jumps 62% to Rs 8,432 cr, asset quality improves

Lender posts highest quarterly profit in Q3FY22, sees improvement in interest margins

SBI Q3 results: Net profit surges 62% to Rs 8,432 cr on lower provisions

The bank's gross bad loan ratio, a measure of asset quality, fell to 4.5% from 4.90% a quarter earlier