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Latest Articles in sbi

SBI Q3 Profit Jumps 41% To Rs 5,583 Cr As Asset Quality Improves

The country's biggest lender exercised the option of lower tax rate taking a one-time hit of Rs 1,333 crore.

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Coronavirus In China Threatens Global Recovery: SBI Ecowrap

Although the fatality is low, the new virus has progressed at a much faster pace than the 2003 SARS case.

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HDFC Plans To Invest Rs 100 Crore Per Year In Tech Startups: Parekh

The company will be creating a an in-house team at the headquarters to take charge of investments.

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GNPA, NPA Expected To Come Down By March 31: SBI Chairman

"A few resolutions have already happened. More are likely to come in the next three months. In all the banks, by March 31 both GNPA and net NPA are expected to come down," Kumar said.

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Patanjali Ayurved Completes Acquisition Of Bankrupt Ruchi Soya For Rs 4,350 Crore

Patanjali has settled Rs 4,350 crore of dues Ruchi Soya had towards financial creditors by infusing Rs 1,100 crore equity and arranging another Rs 3,250 crore via debt.

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SBI, KfW Sign $277 Million Agreement For Energy Efficient Housing Programme In India

The facility has been signed after an agreement on financial cooperation between the two governments in October.

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Sensex, Nifty Gain Ahead Of Macro Data; Tata Motors Rallies 7%

After rallying over 300 points, the 30-share BSE Sensex ended 169.14 points, or 0.42 per cent, higher at 40,581.71.

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SBI Reports Bad Loan Divergence Of Rs 11,932 Crore For FY19

Gross non-performing assets (NPAs) reported by the bank stood at Rs 1.73 lakh crore as on March 31.

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Sensex Rises 42 Points Bank, Auto Stocks Shine

The 30-share BSE Sensex stabilised in afternoon trade and settled with gains of 42.28 points or 0.10 per cent at 40,487.43.

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Five Of Top-10 Most Valued Firms Add Rs 56,877 Crore In Market Valuation

Reliance Industries Limited (RIL), ICICI Bank, Kotak Mahindra Bank and Infosys were among the gainers.

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NTPC Signs Term Loan Of Rs 5,000 Cr With SBI

The loan facility has been extended at an interest rate linked to 3-month MCLR of the bank and has a door-to-door tenure of 15 years.

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Sensex Ends 70 Points Higher; Airtel Rallies 8%

After rallying over 363 points during the day, the 30-share Sensex ended 70.21 points or 0.17 per cent, higher at 40,356.69.

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Retail Inflation May Average At 4% In FY20: SBI Report

In October, inflation based on the Consumer Price Index (CPI) spiked to a 16-month high of 4.62 per cent on costlier food items.

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Over 3,400 Branches Of 26 PSBs Closed Or Merged In Last 5 Years: RTI

The RTI information came out at a time when the Centre is planning to consolidate 10 PSBs into four mega state-owned lenders.

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