Page 37 - Sbi

Move to raise legal marriage age of women will see big gains: SBI report

While the mean female marriage age in India is already above 21 years, about 35% of are married before then, with the current legal limit at 18 years, according to SBI

SBI increases sops for home loans above Rs 75 lakh in festive push

Offers interest rates starting as low as 6.9 per cent for a home loan of up to Rs 30 lakh and 7 per cent for above Rs 30 lakh

Top headlines: Bonus for central govt employees, SBI hikes home loan sops

Business Standard brings you the top headlines of the day

State Bank of India announces up to 25 bps concession on home loan rates

The country's largest lender State Bank of India on Wednesday announced concession of up to 25 basis points (bps) on its home loan rates

Centre's PSU disinvestment drive gets a helping hand from LIC, SBI

The two lapped up the bulk of shares during the offers for sale of HAL, Bharat Dynamics

DLF's rental arm raises Rs 2,400 cr from SBI to fund future expansion plans

Realty major DLF's rental arm DCCDL has raised Rs 2,400 crore debt from India's largest lender SBI to refinance its existing debt and fund future expansion plans, a senior company official said. In an interview with PTI, DLF's group chief financial officer (CFO) Vivek Anand said the debt has been raised at a very attractive interest rate of 7.35 per cent, enabling the company to reduce interest cost. DLF Cyber City Developers Ltd (DCCDL), the joint venture between DLF and Singapore sovereign fund GIC, has 33 million sq ft of office and retail properties generating an annual rental income of Rs 3,500 crore. DLF holds 66.66 per cent stake in DCCDL while GIC has the rest. "DCCDL has secured funding of Rs 2,400 crore from India's largest public sector bank SBI. It sets a benchmark for lease rental discounting (LRD) in the country," Anand told PTI. The fund has been raised through the LRD route against a rental portfolio of 2.4 million sq ft area in Cyber City, Gurugram. "It is one of

Govt approves 14th tranche of electoral bonds; sale closes on October 28

The Election Commission of India (ECI) accorded 'no objection' from the Model Code of Conduct (MCC) angle on October 15 with certain conditions, a finance ministry statement said

Bombay High Court impleads T Rowe Price in UTI AMC's stake sale petition

This year the Officers Association filed an interim application pleading urgent hearing of the writ petition ahead of the IPO and to implead T Rowe Price as a respondent

DHFL lenders brace for haircut after foreign bidders back out of race

Only two firms in race for retail, wholesale, and slum rehabilitation authority portfolio

Top headlines: Wipro Q2 profit dips, GoAir pilots stop P&W engine mid-air

From Wipro reporting decline in Q2 profit year-on-year, Godrej Properties buying land in Bengaluru to J&J pausing Covid vaccine, Business Standard brings you top news of the evening

HC seeks Centre, SBI stand on Anil Ambani plea to include Chinese banks

The high court also said that the moratorium on recoveries from sale of Ambani's assets, as provided under section 96 of the Insolvency and Bankruptcy Code (IBC), would remain in operation for now

Nifty outlook and stock picks by Gaurav Garg of CapitalVia Global Research

The level of 11,000 will act as support for the Nifty as maximum put open interest (OI) is placed here

Steady move towards 12,200 likely once Nifty conquers 12k : Angel Broking

Banking stocks' gain on Friday may provide impetus for the extended rally going forward

Blackstone refinances Rs 2,500-cr lease rental discounting loans with SBI

It will be one of the largest such LRD refinancing by a bank in commercial properties in recent years, said sources

Attacks on officers impacting morale of SBI staff; union demands action

SBI Officers' Association said a series of deadly attacks on bank staff is "adversely affecting their morale and faith" on the state administration and urged for immediate steps to ensure safety

Equity raise, qualitative growth, likely challenges for incumbent SBI chief

SBI's share of loans under moratorium was the lowest among PSBs at 10 per cent; clearer picture on asset quality likely by December

Govt appoints Dinesh Kumar Khara as SBI chairman for three years

Khara, one of the bank's four managing directors, replaces Rajnish Kumar, who is stepping down after being at the helm for three years.

India leads world, processes 41 mn real-time transactions a day: Report

Real-time payments doubled this year and transaction value increased by 80 per cent, says FIS Global.

SBI biz at 80% of pre-Covid level, says new chairman Dinesh Kumar Khara

Khara's appointment as chairman of SBI was made official by the ministry of finance on Tuesday

SBI is future-ready and in Dinesh Khara's safe hands: Rajnish Kumar

Kumar's last day in office was on October 6. He had been in the bank as chairman for three years and served it in various capacities for almost 40 years