Wed, Apr 24, 2024
SBI Card Q4 preview: Net interest margin (NIM), is estimated to be in the range of 10.8 to 11 per cent, compared to 11.3 per cent. Advances are expected to rise by up to 28 per cent.
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Tue, Apr 23, 2024
5 Stocks To Buy: Benchmark equity indices continued their winning momentum for the third day running on Tuesday amid firm global market trends. The 30-share BSE Sensex climbed 411.27 points to 74,059.89 and the NSE Nifty advanced 111.15 points to 22,447.55 in early trade.
Mon, Apr 15, 2024
To borrow money against your life insurance, you must have a policy with cash value, which is often found in permanent life insurance policies. Term life insurance is ineffective in this situation since it has no monetary value. The reason you need adequate cash value in your life insurance is to utilise it as collateral for a loan.
Sat, Nov 07, 2020
There will be a "paradigm shift" which will lead to a more matured economy" with economic players learning to contain costs, he said
Thu, Nov 05, 2020
SBI reported a sharp improvement in collection efficiency to 97% in Q2. These have been common themes across most banks this quarter. While HDFC Securities have reduced their slippage and provisioning estimates, they remain conservative.
Ambit says Core operating profit grew 15% YoY driven by 15% YoY NII growth and 1% YoY fee income growth, partially offset by 10% YoY opex growth. CASA growth at 2% QoQ led to 18 bps QoQ decline in cost of funds and 11 bps QoQ NIM expansion. Collection efficiency was 97% in Sep’20 and the bank expects 2.5% gross slippages/restructuring in FY21E.
Wed, Nov 04, 2020
The country's largest lender State Bank of India (SBI) on Wednesday reported a 55 per cent increase in its consolidated net profit at Rs 5245.88 crore for the second quarter ended September 30 on account of decline in bad loans.
Country’s largest commercial bank, State Bank of India (SBI) offers Green PIN facility to customers. This allows them an easy and convenient way to generate Debit card PIN through various channels like ATM, Internet Banking, IVR and SMS.
Mon, Nov 02, 2020
A research report from State Bank of India’s Economic Research Department – SBI Ecowrap - reveals that India needs to focus more on increasing productivity and less on import tariffs in its quest for Aatmanirbhar Bharat.
Sun, Nov 01, 2020
With a constant commitment towards extending a helping hand to the underprivileged sections of the society, State Bank of India (SBI) has decided to donate necessary items to The Salvation Army, under its continued celebration for ‘Joy of Giving’ Festival, the India's largest lender said.
Fri, Oct 30, 2020
Mahesh Kumar Sharma, Managing Director & CEO, SBI Life Insurance Company Ltd, talks about products related to Corona, claims related to Corona and VNP margins among others during an interview with Swati Khandelwal, Zee Business
Thu, Oct 29, 2020
IRCTC SBI Card (On RuPay platform) gives you an amazing opportunity to book free train tickets using reward points.
Wed, Oct 28, 2020
In a major development, India’s largest commercial bank, State Bank of India (SBI) has signed a loan agreement amounting to up to USD 1 billion with JBIC.
Bank Nifty was down by almost 2.4 per cent on Wednesday around 1:05 pm, trading at 24,175.80 with all heavyweights including HDFC Bank, ICICI Bank, Axis Bank and SBI trading in the negative territory. What should the investors do? Expert Nilesh Jain of Anand Rathi Securities has some useful suggestions. Know what he recommends!
Sun, Oct 25, 2020
The Insolvency and Bankruptcy Code (IBC) has not only strengthened the banking system by helping them resolve outstanding debt piled over years but has also come as a big booster of confidence of national and foreign investors in the Indian economy.
Fri, Oct 23, 2020
Jefferies has put SBI, HDFC Bank, ICICI Bank and Axis Bank share prices under focus and has come out with its take on Indian Financials.
Wed, Oct 21, 2020
The lowest Interest rates start starting from 6.90% for home loans of up to Rs. 30 lakh.
Tue, Oct 20, 2020
Private sector lender Axis Bank on Tuesday announced offering home loans at an interest rate of 6.90 per cent as part of its festive season campaign
SBI presents a deep value opportunity as the bank is relatively better positioned on asset quality front.
Mon, Oct 19, 2020
"DCCDL has secured funding of Rs 2,400 crore from India's largest public sector bank SBI
Fri, Oct 16, 2020
In its latest report, CLSA says that it expects portfolio adjustments for economic normalisation to favour domestic plays.
Thu, Oct 08, 2020
SBI Net Banking: After the outbreak of COVID-19 pandemic, social distancing has enhanced cashless transactions among the millennials especially.
For shopping in this festival, a SBI account holder need not to look at the bank account balance as the lender has announced special EMI on the spot facility on all SBI debit cards.
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