Page 36 - Sbi

SBI set to offer Rs 5000 cr loan to Adani coal project in Australia: Report

The State Bank of India is set to offer a Rs 5,000-crore loan to Adani Enterprises Ltd's Australian mining company, now renamed Bravus Mining & Resources, as per media reports.

Lavasa hill city hits dirt; lenders may send company to liquidation

Lavasa, a subsidiary of construction major HCC, has defaulted on bank loans worth Rs 7,700 crore

SBI board clears divestment of over 8.5% stake in UTI Trustee Company

The divestment, it said, has been approved to comply with Regulation 7B of the Securities and Exchange Board of lndia (Mutual Funds) (Amendment) Regulation, 2018

SBI to raise share of financial inclusion to 20% by March 2022

>>To reduce C/I ratio to 38%, from 55% >>Hive off client servicing to BC channel

Former SBI Chairman P G Kakodkar passes away following cardiac arrest

Kakodkar was instrumental in the bank achieving several milestones.

SBI has strength to operate next 12 months due to strong deposit: S&P

State Bank of India (SBI) has the financial strength to withstand tough operating conditions in the next 12 months due to its strong deposit franchise and liquidity, global rating agency S&P on Thursday said. The very high likelihood of the government support, if needed, provides a cushion to accentuated downside risks, it said in a statement. SBI's performance in the second quarter was broadly in line with our expectations of a rebound in performance after the lockdown, with uncertainty about the amount of incremental stressed assets emerging over the next six months, the rating agency said. The country's largest lender SBI on Wednesday reported a 55 per cent increase in its consolidated net profit to Rs 5,245.88 crore for the second quarter ended September 30, on account of decline in bad loans. "The bank has continued to cut the cost of deposits and boost its net interest margin, while peers have faced pressure from excess investments in lower-earning assets. Collection ...

Profit surge shows SBI can withstand tough operating conditions: S&P

However, asset quality may slip; GNPAs could rise to 8.5%

Chart check: SBI rallies 7% post Q2 result. Is the rally sustainable?

The state-owned lender on Wednesday posted a 51.88 per cent growth in net profit for the second quarter ended September 2020 (Q2FY21).

SBI shares surge 7% after healthy September quarter numbers

Analysts believe that the earnings normalisation cycle for the state-owned lender has begun as the uncertainty brought about by the pandemic is receding significantly.

SBI's attractive asset quality needs to be viewed with a sharp lens

Proforma net NPA ratio at 2.08 per cent indicates a reversal in easing of asset quality trend

SBI standalone Q2 net up 52% to Rs 4,574 cr on rise in net interest income

Dip in bad loan provisions support better quarterly show; NPAs decline

SBI warns bad debt can worsen even as its profit beats estimates

SBI, which accounts for more than a fifth of loans in India's banking sector, is a key indicator of the health of the country's economy that's set for a historic contraction this financial year

Top headlines: US election heads down to the wire, SBI Q2 profit up 52%

Republic TV editor Arnab Goswami was arrested by police in Mumbai for alleged abetment of suicide in a case registered in 2018.

Sensex ends 355 pts higher amid tight US presidential race; IT stocks gain

All that happened in the markets today

SBI Q2 result: Profit jumps 52% YoY to Rs 4,574 cr; asset quality improves

SBI's gross non-performing assets (GNPA) declined to Rs 1.25 trillion during September quarter

SBI to report Q2 result today; here's what leading brokerages expect

Lower growth in net interest income, muted loan growth, an unchanged net interest margin, and decline in operating profit may mark the quarter, say analysts

Bank lending expanded by over Rs one trillion in Sept: Soumya Kanti Ghosh

Overall credit that month was Rs 71,500 cr from a negative Rs 36,000 cr in August. Hence, effectively credit jumped by Rs 1.07 trillion in Sept, says SBI's chief economic advisor

State Bank of India raises $1 billion from JBIC, other Japanese lenders

JBIC is a policy-based financial institution, wholly-owned by the Japanese government.

PSB Q2 preview: NPA recognition ruling to prevent higher slippages

Analysts pegs SBI's PAT at Rs 3,435.5 crore for the quarter under review, at Rs 517 crore for Bank of Baroda, and at Rs 189 crore for PNB

State Bank of India raises Rs 5,000 cr by issuing Basel-III compliant bonds

The State Bank of India (SBI) on Monday said it has raised Rs 5,000 crore by issuing Basel-III compliant bonds.