Page 48 - Sbi

Planning to take auto loan? At 8.45%, SBI offers the lowest rate

However, check with manufacturers' captive lenders for offers during the festive season

SBI raises up to Rs 3,105 cr by issuing bonds under Basel-III regulations

To comply with Basel-III capital regulations, banks need to improve and strengthen their capital planning processes

SBI proposes to dilute stake in credit card business through IPO route

State Bank of India (SBI) on Wednesday said it is planning to dilute stake in its card business through the initial public offer (IPO) route. The country's largest lender currently holds 74 per cent stake in SBI Cards & Payment Services Private Limited. The Executive Committee of Central Board of the bank at its meeting held on Wednesday "has given in-principle approval to explore the possibility of diluting SBI's stake in SBI Cards & Payment Services Private Limited, a subsidiary company through IPO route at an opportune time, subject to the approval of RBI and other regulatory agencies in this regard," the bank said in a regulatory filing. Further, specific disclosures on offer for sale (OFS) by promoters will be be given, once the same is finalised by the bank, it said. The bank had launched SBI Card in October 1998. In December 2017, SBI and the Carlyle Group acquired GE Capital's stake in the joint venture. SBI holds 74 per cent, while Carlyle holds 26 per cent in the ...

RBI policy review: SBI cuts loan rates by 15 bps, others likely to follow

SBI reduced its marginal cost of funds-based lending rate from 8.4% to 8.25%

SBI (Shanghai) becomes 1st Indian bank to link up with China payment system

The CNAPS, launched in 2008 by People's Bank of China provides real-time settlement services for all payments cleared in mainland China, as well as in all clearing banks in offshore yuan centers

HDFC home loans to EVs and bikes: What gets costlier & cheaper from today

Here's a list of products and services that might either pinch your pockets or ease your expenses in the coming months

SBI cuts deposit rates sharply, other lenders may follow suit

The term deposit rates will be 20 basis points lower for retail customers, and 50-75 basis points lower for deposits up to 179 days

SBI recruitment 2019: Apply for 76 Specialist Cadre Officers posts

Candidates are advised to check SBI's website bank.sbi/careers or sbi.co.in/careers regularly for details and updates

SBI Clerk Result 2019 to be out soon; know important dates and instructions

SBI Clerk Result 2019: SBI Clerk Prelims Result will be declared soon on sbi.co.in. Here are some important instructions that candidates must know

SBI Managing Director Anshula Kant appointed MD and CFO of World Bank

As Managing Director and Chief Financial Officer, Kant will be responsible for financial and risk management of the World Bank Group, reporting to the President

SBI cuts MCLR by five bps to 8.4% across all tenors from July 10

This is the third rate cut announced by the SBI in the current financial year

Seven of top-10 firms add Rs 53,732 cr in m-cap; HDFC biggest gainer

In the ranking of top-10 firms, TCS was placed at the number one position, followed by RIL

SBI to raise $1 bn in perpetual debt to boost capital ratio, bolster loans

The Mumbai-based lender's board approved a sale of the Basel III-compliant debt instrument in the year to March 31

Flight fares to RTGS, NEFT charges: What gets costlier & cheaper from today

Here's a list of products and services that might either pinch your pockets or ease your expenses in the coming months

SBI Focused Equity Fund: Focused strategy, consistent performance

The fund's assets under management (AUM) more than doubled from Rs 1,705 crore in June 2016 to Rs 4,634 crore in May 2019

SBI plans tapping Singapore SME businesses, to introduce YONO SBI app

The SBI has served the Singapore retail and corporate sectors as a qualified full bank since 2008

SBI plans to mop up Rs 5,000-crore debt capital via tier-II bonds

SBI's capital and operating buffers are likely to be adequate to cover credit costs through FY19-FY20 and support its medium-term growth plans

SBI targets 10-12% growth on the back of healthy credit revival, recoveries

In the financial year ended March 2019, SBI posted a standalone profit of Rs 862 crore and a consolidated profit of Rs 2,300 crore

SBI: Market leader misses estimates but delivers the goods on asset quality

At Rs 838 cr, its Q4 net is a huge miss, though better than last year's loss. Yet, as SBI made full provisioning for Bhushan Power, Essar Power and Alok Industries, it cheered the Street

SBI's new loan, deposit pricing system takes effect: 5 key points

State Bank of India's new rules are limited to savings bank deposits with balances of more than Rs 1 lakh and short-term rules