Page 29 - Sbi

Ensure FCRA accounts opened for NGOs in 10 days of MHA approval: HC to SBI

The Delhi High Court on Thursday directed the State Bank of India (SBI) to ensure it opens FCRA accounts for NGOs within 10 days of receiving approval from the Centre.

SBI Q4 preview: Analysts see 65-115% YoY PAT growth on lower provisions

Emkay Global feels that SBI's slippages may remain moderate with limited non-performing assets (NPAs) in retail and no lumpy corporate barring Srei

PSBs Q4 preview: Bond yields may dent treasury income; asset quality eyed

Analysts are bullish on the PSBs' bottom lines on the back of favorable base on NII, a seasonally higher fee quarter, and some recoveries from Bhushan Power

Vijay Mallya loses bankruptcy petition amendment High Court battle in UK

A consortium of Indian banks led by the State Bank of India (SBI) on Tuesday moved a step closer in their attempt to recover debt from loans paid out to Vijay Mallya's now-defunct Kingfisher Airlines

SBI's main branch in Delhi opens over 13,000 FCRA accounts in eight months

Branch was designated to open FCRA a/cs by MHA last October, has done so for 78 per cent of applicants

SBI to sell three NPA accounts next month for recovery of over Rs 235 cr

The State Bank of India will sell three bad accounts to asset reconstruction companies or other financial institutions next month to recover dues of over Rs 235 crore, according to a sales notice

SBI eyes over Rs 10K-crore credit pipeline for health infrastructure

Ashwani Bhatia, managing director, SBI, said the bank had held discussions with firms that needed funds for building hospital infrastructure

State Bank of India's Padmakumar M Nair named as CEO of proposed bad bank

Prior to his elevation in 2020, he worked as general manager in the SARG from 2017.

Top YES Bank investor Bay Tree cuts stake in troubled lender by a third

Bank has cut back lending to companies and tried to win back depositors after being rescued in March 2020,.

Sensex, Nifty snap 4-session rally amid global selloff; HDFC twins weigh

Profit-booking in banking, finance and metal counters further weighed on bourses, traders said

Carry positions can hurt exchange rate and cause inflation, says SBI

This is particularly important for the Reserve Bank of India (RBI) as it works under an inflation-targeting regime

Maharashtra, UP, Delhi getting lower vaccine doses than needed: SBI report

Tamil Nadu, Haryana, Punjab, Bihar and North Eastern States are the states where vaccination wastage is 'quite high', the report said

No immediate plans to raise capital: SBI Chairman Dinesh Kumar Khara

SBI chairman said that the bank does not have immediate plans to raise capital as a reasonable profit of the last fiscal would be ploughed back to take care of foreseeable business growth

SBI, EIB to invest up to Euro 100 mln in SMEs focused on climate change

The European Investment Bank and the country's largest lender SBI on Friday entered into a pact

SBI, Equitas SFB: How to trade bank stocks post latest RBI announcements

The RBI has announced a few steps to encourage small finance banks (SFBs) to increase the credit flow to small borrowers

SBI allocates Rs 70 crore to combat second wave of Covid-19

SBI has allocated Rs 71 crore to support various initiatives in combating Covid-19 and is in talks with various designated authorities to explore partnerships for setting up makeshift hospitals

Will try to keep interest rate benign for as long as possible: SBI chief

State Bank of India (SBI) will try to keep the interest rates benign as long as possible with a view to supporting the economic growth, its chairman Dinesh Kumar Khara has said

State Bank of India reduces home loan interest rates to 6.7%

Women borrowers to get a special concession of 5 bps

SBI board approves raising up to $2 billion via bonds this fiscal

The country's largest lender SBI said its central board in its meeting on Wednesday has approved raising up to USD 2 billion (around Rs 14,880 crore) through bonds this fiscal. The Executive Committee of the Central Board in its meeting on April, 28, 2021 has approved long term fund raising in single / multiple tranches up to USD 2 billion, SBI said in a regulatory filing. The funds are to be raised through a public offer and /or private placement of senior unsecured notes in US Dollar or any other convertible currency during FY 2021 -22, SBI said. SBI shares closed at Rs 363.30 apiece on BSE, up 2.95 per cent from the previous close.

SBI board approves to raise $2 billion through bonds in FY22; stock up 3%

So far in the current calendar year, the scrip has soared 28.3 per cent on the BSE compared with the Sensex's 2.4 per cent gain