State Bank of India SBI - Latest News, Analysis, Opinion

Companies & Markets

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.

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.

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.

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.

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.

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.

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

Economy India

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

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.

SBI To Sell Two NPA Accounts Next Month To Recover Dues Of Rs 60 Cr

The reserve price for these non-performing assets (NPAs) for the purpose of sale has been fixed at Rs 17.19 crore and Rs 10.50 crore

RBI Likely To Maintain Status Quo In August Policy: SBI Report

Economy Policy

We expect a status-quo in August. We believe RBI would still try to find a marriage of convenience of regulatory and developmental measures and monetary policy in August policy,

Devendra Kumar Resigns From Directorship Of SBI Cards And Payment Services

Shares of SBI Card were trading at Rs 1,096.85 apiece on BSE, up 3.57 per cent.

SBI's Domestic Advances Growth Rebounds To 5.67 % In FY21; Corporate Segment De-Grows

SBI's domestic advances growth has rebounded and grew 5.67 per cent to over Rs 21.82 lakh crore as against 3.75 per cent growth in FY2020

SBI Invites Bids From Arcs For Two Accounts For Recovering Rs 409 Cr

Case Study

Kamachi Industries has an outstanding of Rs 355.93 crore against the bank and Tantia Agrochemicals owes Rs 53.52 crore.

SBI Economists Cut FY22 GDP Growth Estimate To 7.9%; Recovery To Be 'W-Shaped'