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'State Bank Of India' - 963 News Result(s)

  • Nifty Hits Record High Above 8,600; State-Run Lenders Gain

    Nifty Hits Record High Above 8,600; State-Run Lenders Gain

    The broader Nifty closed 1.11 per cent higher at 8,588.25 points, after hitting a record high of 8,617 points earlier in the day. The index gained 1.3 per cent in the week and 3.2 per cent in November.

  • Bank Shares Gain; SBI Jumps 4%

    Bank Shares Gain; SBI Jumps 4%

    Shares in banks gained ahead of RBI policy review due on December 2. Traders say the gains are in anticipation of a rate cut.

  • Jet Airways, BPCL, Maruti Suzuki Jump on Falling Oil Prices

    Jet Airways, BPCL, Maruti Suzuki Jump on Falling Oil Prices

    The BSE Sensex and Nifty surged to record highs on Friday as Brent crude prices headed towards $70 per barrel. Gains were broad-based with all sectors rising in morning trade. However, sectors that directly benefit from falling oil prices witnessed s...

  • State Bank of India to Launch Islamic Equity Fund

    State Bank of India to Launch Islamic Equity Fund

    The country's largest state-owned bank will launch an Islamic equity fund next month aimed primarily at its 17 crore Muslims.

  • State Lenders Face Tough Sell on Capital Raising Plan

    State Lenders Face Tough Sell on Capital Raising Plan

    With the tailwind of a strong recent stock market performance on optimism about a new government led by Prime Minister Narendra Modi, the banks are preparing to raise capital to meet upcoming global regulations and to build a buffer against rising ba...

  • TCS, 6 Others Add Rs 44,044 Crore to Market Value in a Week

    TCS, 6 Others Add Rs 44,044 Crore to Market Value in a Week

    With the markets continuing a dream run, seven of the ten most valued companies added a cumulative Rs 44,043.91 crore to their market valuation, with State Bank of India (SBI) emerging as the biggest gainer.

  • The Week Ahead: Nifty All Set to Conquer 8,500 Peak

    The Week Ahead: Nifty All Set to Conquer 8,500 Peak

    The Nifty could scale above 8,500 to new highs in the coming week as oil prices continue to tumble and the pace of reforms gathers momentum. Most fence sitters will now want to join in the stock market rally as India is seen as a long-term growth sto...

  • Sensex, Nifty Hit Record; Banks Surge on Kotak-ING Deal

    Sensex, Nifty Hit Record; Banks Surge on Kotak-ING Deal

    The Bank Nifty ended 2.4 per cent higher after posting a record high of 18,139.95, helping the benchmark indexes mark their fifth consecutive weekly gain.

  • SBI Defends $1 Billion Adani Loan Proposal

    SBI Defends $1 Billion Adani Loan Proposal

    Arundhati Bhattacharya, chairperson of state lender, said that a due diligence - financial and legal assessment - of the Adani group project would be carried out before the funding proposal is put before the board.

  • SBI's Ten-for-One Stock Split Effective, Shares Gain

    SBI's Ten-for-One Stock Split Effective, Shares Gain

    The stock split in State Bank of India came into effect on Thursday. India's biggest lender had last month approved a 10-for-one stock split. As a result, SBI reduced the face value of each equity share to Rs 1 from Rs 10 effective today.

  • State Bank of India, Adani Enterprises, JSPL in Focus Today

    State Bank of India, Adani Enterprises, JSPL in Focus Today

    The Nifty opened flat on Thursday as indicated by futures trade on Singapore Stock Exchange. Foreign investors remained net buyers of Indian equities but with a reduced momentum as they have bought shares worth Rs 72 crore in cash market on Wednesday...

  • Want to Add SBI to Your Portfolio? Read This First

    Want to Add SBI to Your Portfolio? Read This First

    State Bank of India shares have been on a tear, rising sharply since the lender announced its second quarter results on Friday. The stock is trading at a 3 1/2-year high after gaining over 7 per cent in the previous two sessions.

  • Sensex, Nifty Hit New Peak; SBI Leads Rally in Banking Stocks

    Sensex, Nifty Hit New Peak; SBI Leads Rally in Banking Stocks

    The BSE Sensex and Nifty rose to record highs on Monday as state-run lenders rallied after State Bank of India reported better-than-expected asset quality in July-September, raising hopes for a revival in a sector laden by bad loans.

  • Why SBI Shares Have Hit a 3-1/2 Year High

    Why SBI Shares Have Hit a 3-1/2 Year High

    State Bank of India, the country's largest bank accounting for about a quarter of loans and deposits, traded at its highest level since April 2011 on Monday, according to Reuters data. The stock has seen buying interest on the back of its September q...

  • SBI May Provide $1 Billion Loan for Adani Australia Coal Mine

    SBI May Provide $1 Billion Loan for Adani Australia Coal Mine

    Adani, which is also facing a campaign by anti-coal campaigners, is counting on securing A$1.2 billion to A$1.5 billion in funding from South Korea's export credit agencies, as well as a loan from the US Export-Import Bank.

  • State Bank of India To Provide up to $1 bn Loan for Adani Australia Coal Mine

    State Bank of India To Provide up to $1 bn Loan for Adani Australia Coal Mine

    The Adani group won support on Monday from India's largest public sector bank and an Australian state to help it build a $ 7 billion coal mine, rail and port project, defying a slump in coal prices that has stalled rival projects.

  • Sensex Rises to Record Closing Highs; Domestic Oriented Blue-Chips Gain

    Sensex Rises to Record Closing Highs; Domestic Oriented Blue-Chips Gain

    State Bank of India ended 2.5 per cent higher after earlier marking its highest level since May 26, on better-than-expected asset quality due to lower slippages and restructuring in the July-September quarter.

  • SBI, Tata Motors, Sun Pharma in Focus Today

    SBI, Tata Motors, Sun Pharma in Focus Today

    The Nifty opened higher on Friday as indicated by futures trade on Singapore Stock Exchange. Foreign investors continued to remain net buyers of Indian equities as they had bought shares worth Rs 691 crore in cash market in Thursday. However domestic...

  • RBI Against Loan Waiver Scheme by State Governments

    RBI Against Loan Waiver Scheme by State Governments

    Both Andhra Pradesh and Telangana governments have declared loan waivers for the farmers hit by cyclone Phailin last year.

  • TCS, 3 Others Lose Rs 30,680 Crore in Market Value in a Week

    TCS, 3 Others Lose Rs 30,680 Crore in Market Value in a Week

    Dragged down by Coal India Ltd (CIL), the cumulative market valuation of four of the top ten Indian companies declined by Rs 30,679.66 crore in the week the week ended November 7.

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