Page 30 - Sbi

SBI board to consider raising $2 billion through bonds in 2021-22

The bank said the Executive Committee of its Central Board would consider raising $2 billion through bonds in the financial year 2021-22

State Bank of India board to consider raising $2 billion through bonds

SBI is the country's largest lender

SC refuses to stay Telangana HC order on RBI's fraud classification

However, it allowed the parties to file replies and rejoinders and listed the matter on July 13

SBI refunds charges deducted from basic savings bank deposit accounts

In a statement, SBI said it had stopped recovering charges in BSBD accounts on all digital transactions with effect from September 15

Nifty pullback can extend till 14,700: Vinay Rajani of HDFC Securities

Longs should be protected with the stoploss of 14,275 in Nifty

State Bank of India's latest target: Rs 4-trn SME loan book by March 2024

It has become easier to do business, especially in the SME banking space, with rising pace of formalisation

SBI collects Rs 300 cr from zero balance accounts in 5 years: Study

Several banks, including State Bank of India (SBI), have been imposing excessive charges on certain services provided

Bank of Baroda, SBI: How to trade rate-sensitive stocks post RBI policy

Stocks like SBI and Bank of Baroda can expect a surge of over 5 per cent in coming sessions.

Explained: How State Bank of India regained its footing on the bourses

India's largest bank is now the most valuable state-owned entity, even as other public sector firms struggle to retain their place on the bourses

SBI inks $1-bn loan agreement with Japan Bank for International Cooperation

This takes the total facility to $2 bn, including $1 bn, which was signed last year in Oct 2020

State Bank of India, HDFC Bank, others yet to comply with scrubbing norms

Trai said the enforcement of its regulations was vital because the delivery of non-compliant messages allowed fraudulent miscreants to conveniently misuse the message delivery

HDFC Bank, SBI, others not adhering to norms on bulk SMSes, says Trai

The norms require bonafide entities sending commercial text messages to register message header and templates with telecom operators

Second Covid-19 wave may last 100 days, peak in April-end: SBI report

Says lockdowns not an answer as business activity index declines

Economic indicators improving, 2nd Covid wave may last upto 100 days: SBI

The report authored by Dr Soumya Kanti Ghosh, Group Chief Economic Adviser, State Bank of India states that lockdowns have not resulted in controlling the spread of infection

Our digital transactions have gone as high as 67% now: SBI Chairman

SBI has seen an increase in the number transactions happening at its multiple digital channels, with the percentage moving from 60 per cent in the pre-pandemic period to 67 per cent now, Chairman said

AT1 bonds: Over Rs 11,000 cr worth call option due for SBI in FY22

Here is look at outstanding AT1 bonds of select banks and amount for call option in due in FY22

Advisors push AT1 bonds to HNIs to take advantage of surge in yields

Yields of perpetual bonds issued by State Bank of India and Bank of Baroda, for instance, have gone up by as much as 80-90 basis points (bps), and top recommendation lists of most managers

SBI, IOCL ink India's first Libor alternative rate deal

SBI and IOCL reach an important milestone in Libor transition with a $100 mn deal for 5 years

RBI fines SBI Rs 2 cr for commission payment to employees

The RBI said it fined the bank after finding the lapses while doing statutory audits for the year ended March 31, 2017 and March 31, 2018

Reserve Bank imposes Rs 2 crore penalty on SBI for contravention of norms

RBI imposed a penalty of Rs 2 crore on State Bank of India (SBI) for contravention of norms, including specific directions to the lender on remuneration to its employees in the form of commission.