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Latest Articles in State Bank of India SBI

Kingfisher Airlines Case: Vijay Mallya Mocks Banks For Saying He Still Owes Them Money

The 65-year-old businessman remains on bail in the UK while a "confidential" legal matter, believed to be related to an asylum application, is resolved in connection with the unrelated extradition proceedings.

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SBI, Axis Bank, ICICI Bank, Others Buy Stakes In Fintech Firm IBBIC

DLT, more commonly known as blockchain technology, is a protocol to enable secure functioning of a decentralised digital database. It stores information securely using cryptography.

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UK High Court Declares Vijay Mallya Bankrupt For Indian Banks To Realise Debt

The 65-year-old businessman, meanwhile, remains on bail in the UK while a 'confidential' legal matter, believed to be related to an asylum application, is resolved in connection with the unrelated extradition proceedings.

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SBI To Auction Two NPA Accounts Next Month To Recover Dues Of Over Rs 313 Cr

SBI has asked the interested parties to do the due diligence of these assets with immediate effect, after submitting expressions of interest and executing non-disclosure agreement with the bank.

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Household Debt Jumps To 37.3 % Of GDP In FY21: Report

Household debt includes retail loans, crop loans and business loans from financial institutions like banks, credit societies, non-banks and housing finance companies.

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Govt Extends Retirement Age Of LIC Chairman To 62 Years

The government approved a nine-month extension to LIC Chairman M R Kumar till March next year in view of the insurer's proposed initial public offer towards the end of the current fiscal.

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RBI Ban On New Credit Cards Sale Hit Mkt Share; Will Come Back With A Bang Once Embargo Lifted: HDFC Bank

The 'large sales force' has been trained, re-skilled and primed for the aggressive play ahead and backend processes for them have also been made more streamlined

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Govt Approves 17th Tranche Of Electoral Bonds; Sale Opens On July 1

The sale of the first batch of electoral bonds took place from March 1-10, 2018. The 16th tranche of bond sale took place from April 1-10, 2021.

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SBI To Levy Charges For Cash Withdrawal Beyond 4 Free Transactions Per Month

Non-financial transactions and transfer transactions will be free of cost at branches, ATM, CDM (cash dispensing machines) for the BSBD account holders.

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LIC, SBI Life, Canara Bank Pick Up Stakes In Indian Bank Under QIP

Indian Bank's shares closed at Rs 148.35 apiece on the BSE, up 0.64 per cent from the previous close.

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SBI-Led Consortium Gets Over Rs 5,800-Cr In Mallya Loan Default Case: ED

The disputes resolution tribunal (DRT) had sold these shares on June 23 after the Enforcement Directorate had transferred shares worth about Rs 6,624 crore of UBL to the SBI-led consortium on the directions of a special PMLA court that is hearing the case involving Mallya in Mumbai.

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SBI Better Positioned To Tackle Any Subsequent COVID-19 Wave: Khara

During the financial year ended March 31, 2021, the bank reported the highest-ever standalone net profit of Rs 20,410 crore against a net profit of Rs 14,488 crore in the previous year.

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Yes Bank Case: CBI Books Former CG Power And Industrial Solutions Chairman Gautam Thapar, Others

The banks also sanctioned a forensic audit of the company on September 27, 2019, which showed that company funds were transferred to group companies promoted by Thapar through a series of transfers to various companies.

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Indian Cos' M-Cap Grew Fastest Last Year, Presents Fin Stability Risk: SBI Economists

The rise in the stock market without significant development in the real economy may raise the issue of financial stability which as per our financial stability index shows modest improvement in April 2021

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SBI Gets Central Board's Nod To Raise Rs 14,000 Cr Via Bonds

These norms are being implemented to mitigate concerns on potential stresses on asset quality and consequential impact on performance and profitability of banks.

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