Tue, Nov 21, 2023
The portfolio was with Alok Kumar Choudhary earlier. Choudhary has been entrusted with the new responsibility of Managing Director looking after Risk, Compliance & Stressed Assets Resolution Group (SARG).
Fri, Nov 17, 2023
“We are continuing to invest in Yono Global to offer the best services available as we want to give superior experience to our customers,” Krishnan told PTI at the three-day Singapore Fintech Festival (SFF), which ends on November 17.
Wed, Nov 01, 2023
The fund was raised through Basel III compliant Tier 2 Bonds carrying a coupon rate of 7.81 per cent. The bonds are issued for a tenor of 15 years, with the first call option after 10 years, SBI said in a statement.
Thu, Jun 15, 2023
UTI Mutual fund is promoted by the State Bank of India (SBI), Life Insurance Corporation of India (LIC), Punjab National Bank (PNB) and Bank of Baroda (BoB), having a combined holding of 45.21 per cent in the paid-up capital.
Tue, Jun 13, 2023
The Securities Appellate Tribunal (SAT) on Wednesday said there was "no tearing hurry" for the Insurance Regulatory and Development Authority of India (IRDAI) to order the transfer of life insurance business of Sahara India Life Insurance Company Ltd to SBI Life Insurance Company Ltd.
Mon, May 29, 2023
The fund was raised at INX's Global Securities Market (GSM), GIFT International Financial Services Centre (IFSC) at Gandhinagar from global investors.
Tue, May 23, 2023
SBI General said that the product is designed to provide protection against breach of terms and conditions by the contractors either during the bidding stage or during the performance stage of a project.
Thu, May 18, 2023
Introduced with an objective of aiding oil palm growth by improving Fresh Fruit Bunches (FFB) productivity, it will act as a catalyst to maintain juvenile gardens during the gestation period of the first 5 years, Godrej Agrovet said in a statement.
Fri, May 12, 2023
Setty also said that SBI is not aggressively looking at increasing the 65,000 business correspondent network it has at the moment, but will focus more on urban and metros for expanding the network.
Reserve Bank launches ‘100 Days 100 Pays’ campaign to return account-holders' unclaimed deposits: The Reserve Bank of India has launched ‘100 Days 100 Pays’ campaign to return unclaimed deposits of bank account-holders in the country on Friday, May 12. On periodic intervals, Rese
Tue, Apr 18, 2023
The board of the bank on Tuesday approved the proposal to raise fund in "single or multiple tranches up to $2 billion ...Through a public offer and/or private placement of senior unsecured notes in US Dollar or any other convertible currency during FY 2023-24," SBI said in a regulatory filing.
Sun, Apr 09, 2023
Mahindra's farm equipment arm has tied up with State Bank of India to provide easy loan options on tractors and farm machinery products.
Fri, Apr 07, 2023
The top court had on March 16 taken up for urgent hearing the appeal of the State Bank of India against a Bombay High Court order permitting Gupta, the chairperson of Ushdev International Limited (UIL), to travel abroad on furnishing a personal undertaking that she will come back to face legal proceedings here.
Mon, Apr 03, 2023
The bank's clarification stated that the issue has since been resolved, and all digital services are back online. SBI expressed regret for the inconvenience caused to customers and assured them that measures are being taken to prevent such occurrences in the future.
Thu, Mar 16, 2023
Stocks to buy: Brokerage firms have recommended five stocks having the potential to yield up to 54 per cent return. One may consider the brokerage recommendations for positive yield.
Mon, Mar 13, 2023
Special FDs: As the Reserve Bank of India (RBI) has reeatedly hiked the repo rate, various public and private sector banks have increased the interest rate on fixed deposits (FD) as well.
Tue, Mar 07, 2023
Rajan said that the sequential slowdown in the quarterly growth, as revealed by the latest estimate of national income released by the National Statistical Office (NSO) last month, was worrying.
Wed, Mar 01, 2023
The BSE Sensex rallied 448.96 points or 0.76 per cent to settle at 59,411.08. During the day, it jumped 513.33 points or 0.87 per cent to 59,475.45. In the past eight days, the BSE benchmark tumbled 2,357.39 points or 3.84 per cent.
Tue, Feb 28, 2023
The deal is the largest ESG (Environmental, Social and Governance) loan by a commercial bank in the Asia Pacific and the second largest social loan globally, it added.
Mon, Feb 27, 2023
Gainers and Losers: Indian benchmark equity indices S&P BSE Sensex and NSE Nifty50 slid for a seventh straight session on Monday, recording the longest losing run in the past five months.
Wed, Feb 22, 2023
“We are glad to be associated with this pathbreaking initiative. This will go a long way in boosting the digitization initiatives of the Government and provide easy, seamless cross-border payment facility to the users,” Dinesh Khara, Chairman, of the State Bank of India, said.
Fri, Feb 17, 2023
SBI Amrit Kalash: Deposits under the scheme by senior citizens will attract an interest rate of 7.6 per cent while others will get 7.1 per cent return.
Wed, Feb 15, 2023
SBI FD Interest Rate 2023: The hiked rate is applicable on fixed deposits below Rs 2 crore.
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