Mon, Jul 01, 2024
SBI's MSME Sahaj: The product's goal is to provide "on tap" short-term loans for working capital needs to GST-registered Micro SME firms.
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Wed, Jun 19, 2024
In a stock exchange filing, India's largest public sector bank said: "... we submit that the Central Board at its meeting held today has, inter alia, accorded approval for raising long-term bonds up to an amount of Rs 20,000 crore through a public issue or private placement, during FY25".
Sun, Jun 16, 2024
The stock market will be closed for trading on Monday, June 17, in honour of Bakri Eid. This closure comprises all segments, such as stocks, derivatives, and SLBs. Normal trading will resume on Tuesday, June 18, according to BSE's official website.
Fri, Jun 07, 2024
Some of the key banking stocks are State Bank of India (SBI), Punjab National Bank (PNB), Bank of Baroda (BoB), HDFC Bank, ICICI Bank and Axis Bank. Leading Auto stocks in India are Tata Motors, Maruti Suzuki, Hero MotoCorp, Eicher Motors, Mahindra and Mahindra, and TVS Motor. Top consumer durables stocks in India are Dixon Technologies, Voltas Ltd, Honeywell Automation India Ltd, Blue Star Ltd, and Crompton Greaves. Top real estate stocks in India are DLF, Macrotech Developers, Godrej Properties, Prestige Estates Projects, and Oberoi Realty Ltd.
Tue, Jun 04, 2024
As some analysts believe, banking sector will move in the bearish territory, banking index witnessed a steepest drag since the Covid-led mayhem. The crash has been more pervasive in the PSU banking sector pack.
Mon, Jun 03, 2024
Led by a rally in the Nifty Bank index which climbed as much as 4 per cent after the exit poll outcome, SBI shares zoomed to a fresh all-time high, breaching Rs 900 mark very easily.
Thu, May 09, 2024
In the corresponding period a year-ago, the bank reported net profit of Rs 16,694.51 crore.
Tue, May 07, 2024
Zee Business research desk expects the bank’s standalone profit to decline 12.6 per cent year-on-year (YoY) to Rs 14,590 crore as against Rs 16694.5 crore reported in the corresponding period of the previous year.
Fri, Apr 26, 2024
Amid a sharp run-up in the Nifty PSU Bank index of over 7 per cent in the last six sessions, leading its rally to fresh 52-week high, also its record high, SBI shares hit an all-time today of Rs 816.85 per share on the BSE.
Mon, Feb 05, 2024
SBI Share Price: SBI's net interest income (NII) rose by 4.6 per cent in the December quarter, while its profit after tax was down by 35.5 per cent to Rs 9164 crore in the same period.
Wed, Dec 20, 2023
The brokerage noted that most PSBs have made provisions of around 14-18% toward employee and retirement-related expenses and will thus have limited impact barring SBI.
Fri, Dec 15, 2023
State Bank of India (SBI) soars near its peak as it snaps up shares in a packaging company and hikes lending rates! Discover why investors are bullish on the banking giant, what the Canpac Trends acquisition means, and how the MCLR increase affects your loans. Plus, hear from analysts predicting even higher SBI prices.
Tue, Dec 12, 2023
The stock of SBI, the country's largest lender by assets, gained by as much as Rs 3.5, or 0.6 per cent, to Rs 617.9 apeice on BSE, coming within Rs 12, or 1.9 per cent, of a record Rs 629.7 scaled in mid-December 2022.
Fri, Dec 01, 2023
Consequently, while it becomes more expensive for financial institutions to lend in these segments, the borrower will also have to bear the brunt of higher interest rates.
Mon, Nov 06, 2023
SBI shares, SBI Q2 Results: For the reporting quarter, the bank posted a profit of Rs 14,330 crore, up 8 per cent year-on-year (YoY). In the corresponding quarter of the previous fiscal, the bank’s profit stood at Rs 13,265 crore.
Fri, Nov 03, 2023
Furthermore, analysts see the bank posting only a marginal uptick in loan growth for the reporting quarter at 13 per cent as against 12 per cent logged in the same period last year.
Mon, Sep 25, 2023
The bank also announced on Friday that it was selling shares in Rajshree Sugars and Chemicals Ltd., and MSP Steel & Power Limited.
Thu, Aug 03, 2023
ResultsOnZee | कैसे रहेंगे Q1 में SBI के नतीजे? कैसी रहेगी मुनाफे की ग्रोथ? कैसा रहेगा एसेट क्वालिटी का हाल? SBI: जून तिमाही अResultsOnZee | How will be SBI's results in Q1? How will be the profit growth? How will be the condition of asset quality? SBI: June quarter forecast, know in this video नुमान, जानिए इस वीडियो में
Wed, May 31, 2023
State Bank of India (SBI) traded ex-dividend on 31 May, 2023. Earlier this month, SBI had announced a dividend of Rs 11.3 per share — a payout of Rs 1,130% given the face value of Re 1 per share.
Thu, May 18, 2023
SBI share price: Zee Business research analysts estimate SBI to report a 62.4 per cent year-on-year (YoY) growth in its standalone net profit to Rs 14,800 crore for the March-end quarter of the previous fiscal.
Fri, Mar 03, 2023
State Bank of India may look to lower its stake in Yes Bank after a lock-in period ends on March 6 which was put in place by the central bank as a part of the lender's restructuring, two sources told Reuters. SBI share price on March 3 opened higher and went on to hit intraday high of Rs 564 apiece on NSE, logging 6% rise during morning deals.
SBI share price on March 3 opened higher and went on to hit intraday high of Rs 564 apiece on NSE, logging 6% rise during morning deals.
Wed, Jan 25, 2023
Top Gainers, Losers:The broader indices such as Nifty Mid and Small Cap 100 too traded in tandem with the trend and shed in the range of 1-1.5 per cent today.
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