Press Trust of India | Tuesday December 6, 2016
The anchor investors included Goldman Sachs India, Nomura Trust and Banking, SBI Mutual Fund, DSP BlackRock and ICICI Prudential Mutual Fund.
Press Trust of India | Friday November 25, 2016
Earlier this month, SBI had said it would take a fresh approval to raise up to Rs 15,000 crore through various means, including a public offer and overseas issuance of shares.
Press Trust of India | Sunday November 13, 2016
SBI emerged as the biggest gainer as its market value surged by Rs 23,327.15 crore to Rs 2,11,846.19 crore during the week.
Press Trust of India | Friday November 11, 2016
SBI will issue 4.42 crore shares to Government of India for its 100 per cent stake in BMB.
Friday November 11, 2016
State Bank of India, India's biggest lender, reported a 35 per cent drop in its standalone net profit at Rs 2,538 for the September quarter.
Press Trust of India | Thursday November 10, 2016
Shares in Bank of Baroda jumped 9.56 per cent, followed by Punjab National Bank (9.19 per cent) and State Bank of India (8.73 per cent) on the BSE.
Press Trust of India | Tuesday November 8, 2016
At 11:23 a.m., shares in SBI were trading 0.93 per cent lower at Rs 250.35 apiece on the BSE, whose benchmark Sensex index was up 0.05 per cent.
Press Trust of India | Sunday November 6, 2016
Tata Consultancy Services, Reliance Industries, HDFC Bank, ONGC, Infosys, Coal India and SBI suffered losses in their market capitalisation or M-Cap for the week.
Press Trust of India | Saturday October 29, 2016
SBI said it will issue equity shares on preferential basis to the government for capital infusion of Rs 5,681 crore.
Press Trust of India | Sunday October 16, 2016
Among the top ten, only ITC, ONGC and Infosys saw a rise in their market valuations for the week, while TCS, RIL, HDFC Bank, HDFC, Coal India, SBI and HUL suffered losses.
Wednesday September 7, 2016
Shares of PSU banks surged today in an otherwise lackluster market, with State Bank of India and Bank of Baroda advancing nearly 4 per cent today.
Reuters | Friday August 19, 2016
Indian shares closed marginally lower on Friday as global sentiment was subdued following comments by some U.S. Federal Reserve officials, although gains in individual stocks such as State Bank of India supported indexes.
Varun Sinha | Friday August 19, 2016
State Bank of India shares jumped nearly 4 per cent on Friday, a day after the lender's board approved the scheme of merger with five associate banks and Bharatiya Mahila Bank (BMB). The merger, announced in May, was approved by the Union Cabinet in June
Agencies | Friday August 19, 2016
Indian shares were little changed on Friday as gains in some individual stocks such as State Bank of India supported indexes, while broader sentiment was hurt after hawkish comments from some US Federal Reserve officials.
Press Trust of India | Tuesday August 16, 2016
Sun Pharmaceutical Industries said Virtuous Finance, part of the promoter group has pledged one crore shares of the company amounting to 0.42 per cent stake to State Bank of India.
NDTV Profit Team | Tuesday August 16, 2016
The Sensex rallied nearly 300 points and Nifty closed above its crucial psychological level of 8,650 on Friday on the back of rally in banking shares which was triggered after India's biggest public sector lender reported better-than-expected June quarter earnings.
NDTV Profit Team | Friday August 12, 2016
State Bank of India on Friday beat profit estimates in the June quarter, while reporting stable asset quality, leading to 9 per cent jump in its shares.
Press Trust of India | Tuesday July 26, 2016
SBI associate State Bank of Mysore slipped into losses at Rs 471.88 crore in the first quarter on mounting bad loans, resulting into over sevenfold jump in provisions.
Thomson Reuters | Monday July 25, 2016
Shares rose on Monday, with recent under-performers such as Infosys and State Bank of India recovering on improved sentiment following assurances from global policymakers on the need to boost growth.
NDTV Profit Team | Wednesday July 13, 2016
Sensex rose over 150 points while Nifty closed above its important level of 8,500 for first time in 11 months led by strong gains in banking shares. Amid rally in banking shares, NDTV Profit spoke to Sumeet Bagadia, associate director at Choice Broking for his views on banking shares.
NDTV Profit Team | Thursday June 16, 2016
Shares of three listed associate banks of State Bank of India - State Bank of Travancore, State Bank of Bikaner and Jaipur and State Bank of Mysore - surged nearly 20 per cent today.
Thomson Reuters | Wednesday June 15, 2016
Indian shares rose on Wednesday after four consecutive sessions of falls as investors saw recent losses as overdone, even though sentiment was broadly cautious ahead of the U.S. Federal Reserve's policy decision and the Brexit referendum.
NDTV Profit Team | Wednesday June 15, 2016
The Union Cabinet on Wednesday gave in-principle approval to the merger of State Bank of India with five of its associate banks, leading to a sharp rally in shares of State Bank of Travancore, State Bank of Bikaner and Jaipur and State Bank of Mysore.
Thomson Reuters | Tuesday June 14, 2016
Bank shares rose, sending the Nifty bank index up as much as 0.60 percent after the RBI on Monday relaxed guidelines for lenders restructuring large stressed loans, in a move that could allow banks to more effectively manage bad loans.
NDTV Profit Team | Tuesday June 14, 2016
Shares of public sector lenders as well as debt-laden companies jumped sharply on Tuesday after Reserve Bank of India relaxed restructuring guidelines for large stressed loans.
NDTV Profit Team | Friday June 3, 2016
The Nifty may face resistance around 8,250-8,300, though the current momentum in large cap shares may help the index make a decisive up move towards 8,330, says Ruchit Jain, senior technical analyst with Angel Broking.
NDTV Profit Team | Friday May 27, 2016
SBI's numbers were much better that its other state-run peers. Over the last few weeks, many public sector banks have reported thousands of crores of losses because of mounting bad loans.
NDTV Profit Team | Friday May 27, 2016
SBI is expected to make a provision of Rs 8,869 crore towards stressed loans in the March quarter, up 16 per cent from Rs 7,644 crore in the December quarter.
NDTV Profit Team | Thursday April 21, 2016
The Nifty Bank, NSE's sub-index for banking shares, was up over 2 per cent, led by gains in ICICI Bank, Bank of Baroda, SBI and Axis Bank.
Press Trust of India | Wednesday April 13, 2016
A consortium of banks led by State Bank of India (SBI) on Wednesday filed counter objections against Vijay Mallya-controlled UBHL's claim of Rs 594 crore from them for compensating the losses incurred by it due to the sale of United Spirits Ltd (USL) equity shares by lenders at a "cheaper rate".