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'State Bank Of India' - 872 News Result(s)

  • Bank Shares to Fuel Nifty Rally Further: Rajat Bose

    Bank Shares to Fuel Nifty Rally Further: Rajat Bose

    The Bank Nifty which has been a major driver of the recent gain in Nifty has surged over 2 per cent in last two days. The Bank Nifty which was range bound within 15,100 to 15,600 level for quite a long time has given a convincing break out above that...

  • TCIL Mandates SBI Caps to Find Buyer for Bharti Hexagon Stake

    TCIL Mandates SBI Caps to Find Buyer for Bharti Hexagon Stake

    SBI Caps, the investment banking arm of State Bank of India, has been appointed by state-owned Telecom Consultants India (TCIL) to find a buyer for its 30 per cent stake in Bharti Hexagon.

  • B-School Graduates Increasingly Prefer Public Sector Jobs: Survey

    B-School Graduates Increasingly Prefer Public Sector Jobs: Survey

    Business school graduates are now increasingly preferring to work in public sector undertakings over private entities owing to a plethora of factors including job security and lucrative salaries besides generous perks and special allowances, accordin...

  • Prime Minister Modi's 'Jan-Dhan Yojana' to Boost Financial Inclusion Plan: SBI

    Prime Minister Modi's 'Jan-Dhan Yojana' to Boost Financial Inclusion Plan: SBI

    State Bank of India on Friday welcomed the 'Jan-Dhan Yojana' launched by Prime Minister Narendra Modi and said it will give a boost to the government's ambitious financial inclusion drive.

  • PSU Banks May Soon Begin Process to Declare Kingfisher Airlines Wilful Defaulter: Report

    PSU Banks May Soon Begin Process to Declare Kingfisher Airlines Wilful Defaulter: Report

    The Department of Financial Services, after reviewing top 50 Non Performing Accounts (NPAs) of public sector banks, has asked the state-owned banks to initiate action against those defaulters, sources added.

  • State Bank of India App Now in Hindi

    State Bank of India App Now in Hindi

    The country's largest lender State Bank of India today said it has launched a Hindi version of its mobile application 'State Bank Anywhere'.

  • Bhushan Steel Says No Loan Defaults So Far

    Bhushan Steel Says No Loan Defaults So Far

    Bhushan Steel denies wrongdoing in the bribery case, which has raised concerns about its day-to-day functioning and ability to manage net debts of $5.86 billion - eight times its equity market value of $732 million.

  • Expect 20% Upside on SBI: Nirmal Bang

    Expect 20% Upside on SBI: Nirmal Bang

    Nirmal Bang has assigned a buy rating on the stock with a target price of Rs 2,915 which values the standalone entity of the public lender at 1.6 times its estimates FY16 average book value and its subsidiaries at Rs 590 per share. The target price i...

  • TCS, HDFC Bank, 5 Others lose Rs 24,783 Crore in Market Valuation

    TCS, HDFC Bank, 5 Others lose Rs 24,783 Crore in Market Valuation

    In an overall weak stock market, top seven Sensex companies lost a cumulative Rs 24,783.44 crore in market capitalisation, or M-cap, in the week ended August 8, 2014.

  • Central Bank Hires SBI Caps to Sell Stake in IL&FS: Report

    Central Bank Hires SBI Caps to Sell Stake in IL&FS: Report

    Central Bank of India has appointed SBI Caps to identify a buyer for its stake in Infrastructure Leasing & Financial Services (IL&FS).

  • SBI Reports First Profit Growth in Six Quarters

    SBI Reports First Profit Growth in Six Quarters

    State Bank of India, the nation's top lender by assets, reported its first profit increase in six quarters on Friday on higher interest income, and said that bad loans were largely stable.

  • SBI Q1 Net Up 3% at Rs 3,349 Crore; Meets Estimates

    SBI Q1 Net Up 3% at Rs 3,349 Crore; Meets Estimates

    State Bank of India, India's largest lender by assets reported 3 per cent year-on-year (y-o-y) jump in its net profit at Rs 3,349 crore for the first quarter of FY15, breaking its trend of reporting fifth straight quarter of declining y-o-y profit.

  • SBI Q1 Net Seen at Rs 3,278 Crore; Asset Quality in Focus

    SBI Q1 Net Seen at Rs 3,278 Crore; Asset Quality in Focus

    Gross non-performing assets of SBI is seen around 5 per cent of its total advances as against 4.95 per cent sequentially.

  • SBI, M&M, Bharti Airtel in Focus Today

    SBI, M&M, Bharti Airtel in Focus Today

    The Nifty opened lower on Friday on the back of geopolitical tensions which triggered a global sell off. Foreign investors sold Indian shares worth Rs 73 crore on Thursday whereas domestic investors were net buyers to the tune of Rs 229 crore. Rupee ...

  • SBI Ties Up With NCDEX Spot Exchange

    SBI Ties Up With NCDEX Spot Exchange

    In a bid to deal with issue of splitting of wages by employers, retirement fund body EPFO has asked it over 120 field formations to inspect firms which are deducting PF on 50 per cent or less of total wages.

  • SBI Life Insurance Appoints Arijit Basu as MD, CEO

    SBI Life Insurance Appoints Arijit Basu as MD, CEO

    Arijit Basu has held several key positions in various circles of State Bank of India including the Bank's office at Tokyo. He has also served as General Manager at the Bank's Mumbai circle and the mid corporate group at Ahmedabad as well as the Finan...

  • Interest Rate to Stay High as Bankers See No Rate Cut in FY15

    Interest Rate to Stay High as Bankers See No Rate Cut in FY15

    Bankers on Tuesday said there is little chance of a rate cut in the remaining 2014-15 as the Reserve Bank of India (RBI) kept key policy rates unchanged, but cut SLR, in its bi-monthly monetary policy review.

  • RBI Policy, Q1 Earnings, Global Cues to Drive Stock Markets: Experts

    RBI Policy, Q1 Earnings, Global Cues to Drive Stock Markets: Experts

    The Reserve Bank of India (RBI) monetary policy review on Tuesday and a bunch of earnings from blue-chips including State Bank of India (SBI), Mahindra & Mahindra and Hero MotoCorp will dictate the near-term trend on bourses, according to market expe...

  • Funds Needed for SBI Merger With Subsidiaries: B Sriram

    Funds Needed for SBI Merger With Subsidiaries: B Sriram

    SBI's merger with its subsidiaries would be good for the company but additional capital would be needed for it, a top official said today.

  • 'PSU Banks to Hit Market After October to Raise Capital'

    'PSU Banks to Hit Market After October to Raise Capital'

    State-owned banks are likely to hit the capital markets in November in a bid to meet Basel III capital adequacy norms, for which the requirement has been estimated at Rs 2.40 lakh crore over a 5-year period.

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