Page 26 - Sbi

SBI m-cap surpasses Rs 4-trillion mark ahead of June quarter results

In the past three months, the stock has rallied 27 per cent as compared to a 12.4 per cent rise in the S&P BSE Sensex

Need to devise new formula for states' borrowings: SBI Economists

States are increasingly borrowing higher by making ambitious GSDP projections and hence, there is a need for a new formula to define the loan caps, economists at largest lender SBI said on Tuesday.

Kingfisher stake sale, fewer provisions to drive SBI's Q1 profit: Analysts

Prabhudas Lilladher builds-in recovery from Kingfisher loans at Rs 20 crore

Reliance slips 59 places on Fortune list, SBI jumps 16 notches

Billionaire Mukesh Ambani's oil-to-telecom conglomerate Reliance Industries Ltd slipped 59 places to rank 155th on the 2021 Fortune Global 500 list released on Monday.

Govt banks continue to have truncated boards, 10 don't even have a chairman

Meeting quorum of board sub-committees becomes difficult sometimes, say bankers

SBI, Axis Bank, ICICI Bank, others buy stakes in fintech firm IBBIC

Six banks State Bank of India, Axis Bank, Indian Bank, Yes Bank, IDBI Bank, and ICICI Bank on Tuesday said they have bought equity stakes in financial technology platform IBBIC.

UK court declares Vijay Mallya bankrupt for Indian banks to realise debt

The Indian banks, represented by the law firm TLT LLP and barrister Marcia Shekerdemian, had argued for the bankruptcy order to be granted in favour of the Indian banks

SBI top-deck recast: Mishra is new HR head, Rana Singh is strategy chief

Ravindra Pandey, who was serving as DMD (Strategy) & Chief Digital Officer, is now DMD and Chief Information Officer (CIO)

NJ India, SBI took lion's share of mutual fund commissions in FY21

The data from Amfi shows NJ India Invest maintained top spot, with gross distribution commission of Rs 874 crore, 12.5 per cent more than Rs 777 crore pocketed in FY20

SBI donates Rs 22.87 lakh to RML Hospital for expanding healthcare facility

State Bank of India (SBI) on Friday donated Rs 22.87 lakh to Ram Manohar Lohia (RML) Hospital, New Delhi, for augumenting healthcare facility to help nation in the fight against the COVID-19 pandemic.

RBI imposes penalty of up to Rs 2 cr on 14 banks for non-compliance

The penalty ranges from Rs 50 lakh to Rs 2 crore, with SBI being charged Rs 50 lakh and BoB Rs 2 crore

Sharp increase in household debt stress in FY21 is worrying: SBI report

Household debt has sharply increased to 37.3 per cent of GDP in FY21 from 32.5 per cent of GDP in FY20

Valuation of SBI, subsidiaries can be better: Chairman Dinesh Kumar Khara

The early numbers indicate that we have seen traction in the retail book. But, not much traction was seen in the corporate book, said Dinesh Khara, Chairman, SBI

Covid-19: SBI employees contribute Rs 62.62 crore to PM Cares Fund

This comes on the 66th Foundation Day of the State Bank of India (SBI)

SBI to levy charges for cash withdrawal beyond 4 free transactions a month

SBI will charge Rs 15 plus GST per cash withdrawal beyond 4 free cash withdrawals.

Top headlines: India approves Moderna vaccine; Sebi announces reforms

Business Standard brings you the top news of the evening

Stocks to watch: Dodla Dairy, KIMS, Barbeque Nation, Thyrocare, SBI, Lupin

Realty firm Ashiana Housing on Saturday reported a consolidated net loss of Rs 5.2 crore for the quarter ending March. Its net loss stood at Rs 8.63 crore in the year-ago period

Indian economy poised for recovery in FY22, says SBI Chairman

SBI Chairman Dinesh Kumar Khara has expressed hope that the country's economy would recover in the ongoing financial year

SBI ready to meet credit growth spike, expects loan book to grow 9% in FY22

Khara said FY22 had begun with an unexpected second wave of Covid-19 infections

SBI better positioned to tackle any subsequent Covid-19 wave: Khara

SBI is the country's largest lender