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'State Bank Of India' - 989 News Result(s)

  • SBI Has No Plans to Lend to SpiceJet

    SBI Has No Plans to Lend to SpiceJet

    Earlier this week, the Civil Aviation Ministry had said it may request Indian banks/financial institutions to extend loans of up to Rs 600 crore to the airline.

  • IDBI to Sell 5% Stake in National Stock Exchange

    IDBI to Sell 5% Stake in National Stock Exchange

    IDBI Bank will sell its entire 5 per cent stake in National Stock Exchange or NSE in a transaction that may fetch the lender about Rs 1,000 crore.

  • SBI Approves OTS for Mining-affected Borrowers in Goa

    SBI Approves OTS for Mining-affected Borrowers in Goa

    This is expected to pave way for other financial institutions to settle the long-pending bad debt of those who are in a lurch due to the halting of mining in the state.

  • RBI Fines ICICI, Bank of Baroda Over Know Your Customer Norms

    RBI Fines ICICI, Bank of Baroda Over Know Your Customer Norms

    The Reserve Bank of India (RBI) has fined ICICI Bank Ltd and state-run Bank of Baroda over violations of customer protection rules that allowed fraudsters to cash fake checks and postal orders for up to two years.

  • Sensex Off Day's Low, Nifty Reclaims 8,000

    Sensex Off Day's Low, Nifty Reclaims 8,000

    Buying in banking and metal stocks was seen at lower level, analysts said. State-run Life Insurance Corporation of India started buying shares at lower levels, dealers said.

  • Maruti Suzuki, State Bank of India, Motherson Sumi in Focus Today

    Maruti Suzuki, State Bank of India, Motherson Sumi in Focus Today

    The Nifty opened lower on Tuesday as indicated by futures trade on Singapore Stock Exchange. Continued weakness in global equities will also weigh on markets today. Foreign investors have sold stocks worth Rs 456 crore in cash market on Monday. Howev...

  • Fire Breaks Out at SBI Branch in Jalandhar

    Fire Breaks Out at SBI Branch in Jalandhar

    A fire broke out at the main branch of State Bank of India here today which reportedly caused damage worth lakhs of rupees, fire officials said.

  • State-run Banks May Issue Equity With Differential Voting Rights: SBI

    State-run Banks May Issue Equity With Differential Voting Rights: SBI

    Out of 27 PSBs, Government of India controls 22 through majority holding. In the remaining 5 banks, state-run SBI holds majority stake.

  • LIC Housing, SBI Among Top Picks: UBS

    LIC Housing, SBI Among Top Picks: UBS

    It lists LIC Housing Finance, Shriram Transport Finance, State Bank of India and IndusInd Bank as top picks.

  • Government Agrees to Cut Stakes in State Banks; Could Raise $26 Billion

    Government Agrees to Cut Stakes in State Banks; Could Raise $26 Billion

    The Cabinet on Wednesday approved plans to raise about Rs 1.6 lakh crore ($25.76 billion) by selling some of government stakes in state-run banks by 2019.

  • Nifty Recovers From 1-Month Lows; Lenders Gain

    Nifty Recovers From 1-Month Lows; Lenders Gain

    The benchmark BSE Sensex rose 0.12 per cent to 27,831.10, while the broader Nifty ended 0.18 per cent higher at 8,355.65.

  • SBI for Restoring 30 Per Cent Equity Norm in Debt Recast

    SBI for Restoring 30 Per Cent Equity Norm in Debt Recast

    Days after the Reserve Bank (RBI) announcing that it would soon come out with flexible norms for loan restructuring, State Bank of India (SBI) has demanded that it be allowed to convert up to 30 per cent of debt into equity.

  • Lending Rates Can be Cut When Credit Picks Up: SBI

    Lending Rates Can be Cut When Credit Picks Up: SBI

    State Bank of India chairperson Arundhati Bhattacharya said on Tuesday that a cut in lending rates can only happen when credit picks up.

  • SBI Launches First Homegrown Economic Indicator

    SBI Launches First Homegrown Economic Indicator

    The country now has another monthly economic index, with the State Bank of India launching on Tuesday a tool that will primarily track manufacturing activity to offer forward looking economic trends.

  • SBI to Take Final Call on $1 Billion Loan to Adani in 3 Months

    SBI to Take Final Call on $1 Billion Loan to Adani in 3 Months

    State Bank of India has said the final decision on the controversial $1 billion (Rs 6,200 crore at 1 dollar = 62 rupees) loan agreement with Adani Group for its Australian mining project would be taken by the lenders executive committee in 2-3 months...

  • Madhya Pradesh Government Claims of Having Achieved 100 Per Cent Target in Jan Dhan Yojana Scheme

    Madhya Pradesh Government Claims of Having Achieved 100 Per Cent Target in Jan Dhan Yojana Scheme

    A few days ago, full-page advertisements had appeared in newspapers claiming the state government had achieved the target of having opened 60 lakh accounts and thereby linking all 1.54 crore families in the state in the Pradhan Mantri Jan Dhan Yojana...

  • Hoping for EMI Relief? Banks Signal Good News

    Hoping for EMI Relief? Banks Signal Good News

    Borrowers hoping for some relief on EMIs may have reasons to cheer. State Bank of India, the country's biggest lender, on Friday indicated that it could cut lending rates outside the Reserve Bank's policy review cycle.

  • SBI Cuts Retail Fixed Deposit Rates By 0.25%

    SBI Cuts Retail Fixed Deposit Rates By 0.25%

    The country's largest lender State Bank of India has announced a cut in interest rates on fixed deposits of select maturities. The 0.25 per cent rate cut will be effective from December 8 and it is applicable on retail deposits (below Rs 1 crore).

  • Nifty Ends With Minor Gains; ONGC, RIL Rise

    Nifty Ends With Minor Gains; ONGC, RIL Rise

    The Nifty edged higher on Wednesday, snapping two days of falls, as oil explorers rose after recent sharp falls, while some firms seen as sensitive to rates extended recent rallies on hopes the Reserve Bank of India (RBI) would ease policy early next...

  • United Bank of India Identifies UB Holding as Wilful Defaulter

    United Bank of India Identifies UB Holding as Wilful Defaulter

    In fresh trouble for liquor baron Vijay Mallya, United Bank of India has identified United Breweries Holdings, the guarantor of grounded airline Kingfisher, as wilful defaulter.

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