Page 33 - Sbi
BSE m-cap at Rs 200 trillion as Sensex ends 358 pts up at 50,614; PSBs jump
Robust buying in shares of ITC, Kotak Mahindra Bank, State Bank of India, Bajaj Finance, ICICI Bank, and M&M helped the benchmark S&P BSE Sensex scale fresh lifetime peak of 50,687.51 level
 "BSE m-cap at Rs 200 trillion as Sensex ends 358 pts up at 50,614; PSBs jump")
PSBs extend gain on privatisation hope; Indian Bank surges 37% in 4 days
In past four trading days, Nifty PSU Bank index has rallied 18 per cent as compared to a 9 per cent gain in the benchmark Nifty50
 "PSBs extend gain on privatisation hope; Indian Bank surges 37% in 4 days")
Stocks to watch: Airtel, Future Retail, SBI, Hero MotoCorp, Jubilant Food
HCL Technologies has formed a global strategic alliance with Alteryx, Inc to help companies with analytics automation and digital transformation priorities
 "Stocks to watch: Airtel, Future Retail, SBI, Hero MotoCorp, Jubilant Food")
SBI to report Q3 results today; here are the five things you need to track
Most analysts expect State Bank of India's Q3 profit after tax (PAT) to decline anywhere between 15 per cent and 58 per cent on a yearly basis during the quarter under review
 "SBI to report Q3 results today; here are the five things you need to track")
Riding on high growth: Key gainers from the Budget 2021 proposals
A focus on localisation and increase of duties in select sectors are also expected to boost manufacturing across sectors.
 "Riding on high growth: Key gainers from the Budget 2021 proposals")
Investors put Rs 1,709 crore in Brookfield REIT's initial public issue
The Rs 3,800 crore-IPO of the REIT will open on Wednesday
Investors put Rs 1,709 crore in Brookfield REIT's initial public issue
The Rs 3,800 crore-IPO of the REIT will open on Wednesday
 "Investors put Rs 1,709 crore in Brookfield REIT's initial public issue")
Top stocks that are likely to benefit from FM's Budget proposals
According to Phillip Capital increased allocation for capital expenditure will bode well for large banks, namely ICICI Bank, Axis Bank, HDFC Bank and State Bank of India
 "Top stocks that are likely to benefit from FM's Budget proposals")
State Bank of India asset quality remains healthy: Chairman Khara
The faster-than-expected economic recovery may limit the impact to lenders' balance sheets, Khara said
 "State Bank of India asset quality remains healthy: Chairman Khara")
SBI Cards growth nears pre-Covid level on higher spends, new card sourcing
Asset quality needs monitoring as Q3's gross NPA ratio of 4.5 per cent is higher than average
 "SBI Cards growth nears pre-Covid level on higher spends, new card sourcing")
Road to 50K: Sensex jumps 10,000 pts in 74 sessions; these are top gainers
During the 74 sessions, the market capitalisation of the listed firms on BSE soared by Rs 38.55 trillion to Rs 199 trillion
 "Road to 50K: Sensex jumps 10,000 pts in 74 sessions; these are top gainers")
SBI executes inter-bank money market transactions linked to SOFR
State Bank of India said it has executed two inter-bank short term money market transactions with pricing linked to secured overnight financing rate (SOFR)
Centre plans e-portal to sell MSME products: Union Minister Nitin Gadkari
The Centre is working with State Bank of India to launch an E-portal on the lines of Amazon to facilitate Medium, Small and Micro Enterprises to sell their products, Transport & MSME Minister Nitin Gadkari said here on Wednesday.
 "Centre plans e-portal to sell MSME products: Union Minister Nitin Gadkari")
SBI, ICICI Bank, HDFC Bank remain systemically important banks, says RBI
SIBs are subjected to higher levels of supervision so as to prevent disruption in financial services in the event of any failure.
 "SBI, ICICI Bank, HDFC Bank remain systemically important banks, says RBI")
Banks to get 33% of dues spread over five years from DHFL resolution
The banks will be taking a huge haircut as compared to an average 45 per cent recovery in insolvency and bankruptcy cases
 "Banks to get 33% of dues spread over five years from DHFL resolution")
Stocks to watch: HCL Tech, Bharti Airtel, PVR, SAIL, IB Housing, SBI, HFCL
Voting on DHFL bids by committee of creditors ends today
 "Stocks to watch: HCL Tech, Bharti Airtel, PVR, SAIL, IB Housing, SBI, HFCL")
SBI lists issuance of $600 mn foreign currency bonds on India INX
SBI listed foreign currency bonds of $600 million under its $10 billion Global Medium Term Note Programme on India INX's Global Securities Market (GSM)
YONO, earnings recovery key triggers for SBI: Goldman Sachs, Macquarie
State Bank of India stock was the top performing stock on the Nifty bank index today, and supported the index to claim a fresh record high of 32,683.5 on the NSE. The index is up 100% from March lows
 "YONO, earnings recovery key triggers for SBI: Goldman Sachs, Macquarie")
Settle litigation for revenues, avoid new taxes in Budget: SBI report
SBI economists on Tuesday pitched for avoiding new taxes and urged the government to mount "honest attempts" to settle past litigations to raise resources instead
 "Settle litigation for revenues, avoid new taxes in Budget: SBI report")
SAT sets aside Sebi's penalty on SBI, Bank of Baroda, LIC in UTI AMC case
Sebi had in August levied the fine on the three firms for failing to reduce their stakes to below 10 per cent in UTI AMC within the stipulated timeline
 "SAT sets aside Sebi's penalty on SBI, Bank of Baroda, LIC in UTI AMC case")
