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CBI Files 22 FIRs Against Delhi-NCR Builder-Bank Nexus After Top Court Order
The CBI has registered 22 FIRs on the Supreme Court's directions to investigate the "unholy nexus" of builders and banks to cheat homebuyers in NCR, officials on Wednesday said.
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SBI Sees Minimal Hit From Tighter Rules For Personal Loans
State Bank of India, the country's top lender, expects minimal impact on its capital ratios from the central bank's tighter rules for personal loans, its chairman told Reuters in a phone interview.
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SBI Said to Use AI/ML Extensively in Operations: All Details
SBI on Monday said it has proposed to enhance the use of business analytics and AI/ML in decision-making and operations by deploying NextGen Data Warehouse and Data Lake and exploring new partnerships with fintechs and NBFCs for co-lending.
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Centre Gave SBI Rs 8,800 Crore Without Lender Asking For It, Says Auditor
The department under the finance ministry did not conduct assessment of the capital requirement as per its own standard practice before recapitalisation, as per the Compliance Audit Report.
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SBI's UK Unit Set For Major Restructuring
SBI's UK operations will transform into a subsidiary named State Bank of India UK Limited from April 1, in compliance with wider ring-fencing of capital requirements by the Bank of England
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Day After Budget, Sensex Suffers Biggest Selloff Since November 2016: 10 Points
Sensex and Nifty suffered a big selloff today, a day after Finance Minister Arun Jaitley unveiled Union Budget 2018-19. A higher-than-expected fiscal deficit target for 2018-19 and imposition of new long-term capital gains tax on equities hurt the market sentiment, say experts. The BSE benchmark index Sensex closed 839 points lower at 35,066, while...
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SBI Caps To Evaluate Monetisation Of Railways Transmission Assets
Expecting to raise about Rs 25,000 crore from monetistion of these assets, the Railways has asked SBI Caps to study its transmission and distribution network for valuation and submit a report next month.
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Sebi To E-Auction MPS Group's 18 Properties In February
In a notice, the Securities and Exchange Board of India (Sebi) said that SBI Capital Markets will auction 18 properties on February 6 at a reserve price of over Rs 67 crore.
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SBI Board Clears Raising Rs 8,000 Crore Under Global Capital Norms
The bank will raise this amount through various sources, including masala bonds, to meet Basel III capital norms.
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Government Will Fully Protect Public Deposits, Says Arun Jaitley
Arun Jaitley said the government's massive Rs 2.11 lakh crore capital infusion plan in banks was to strengthen banks.
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Raise Funds Through Equity, Not Debt: SBI Chief Tells SMEs
"Equity capital is a much-neglected area in the SME sector," said State Bank of India chairman Arundhati Bhattacharya.
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In Smart City Push, Pune Raises Rs 200 Crore Via Municipal Bond Sale
Pune Municipal Corp sold the debt at 7.59 percent, raising Rs 200 crore, SBI Capital Markets, the sole arranger, said.
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SBI Cuts Home Loan Interest Rate Twice In Two Months
Effective June 15, 2017, SBI home loans above Rs 75 lakhs be cheaper by 10 basis points or 0.1 per cent.
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Kerala ATM Robbery: Foreigners May Be Involved; Police To Seek Interpol Help
Kerala Police today zeroed in on three foreign nationals, who are suspected to be the key players behind the hi-tech ATM robbery which has shocked the state capital, and decided to seek Interpol's help.
-
CBI Files 22 FIRs Against Delhi-NCR Builder-Bank Nexus After Top Court Order
The CBI has registered 22 FIRs on the Supreme Court's directions to investigate the "unholy nexus" of builders and banks to cheat homebuyers in NCR, officials on Wednesday said.
-
SBI Sees Minimal Hit From Tighter Rules For Personal Loans
State Bank of India, the country's top lender, expects minimal impact on its capital ratios from the central bank's tighter rules for personal loans, its chairman told Reuters in a phone interview.
-
SBI Said to Use AI/ML Extensively in Operations: All Details
SBI on Monday said it has proposed to enhance the use of business analytics and AI/ML in decision-making and operations by deploying NextGen Data Warehouse and Data Lake and exploring new partnerships with fintechs and NBFCs for co-lending.
-
Centre Gave SBI Rs 8,800 Crore Without Lender Asking For It, Says Auditor
The department under the finance ministry did not conduct assessment of the capital requirement as per its own standard practice before recapitalisation, as per the Compliance Audit Report.
-
SBI's UK Unit Set For Major Restructuring
SBI's UK operations will transform into a subsidiary named State Bank of India UK Limited from April 1, in compliance with wider ring-fencing of capital requirements by the Bank of England
-
Day After Budget, Sensex Suffers Biggest Selloff Since November 2016: 10 Points
Sensex and Nifty suffered a big selloff today, a day after Finance Minister Arun Jaitley unveiled Union Budget 2018-19. A higher-than-expected fiscal deficit target for 2018-19 and imposition of new long-term capital gains tax on equities hurt the market sentiment, say experts. The BSE benchmark index Sensex closed 839 points lower at 35,066, while...
-
SBI Caps To Evaluate Monetisation Of Railways Transmission Assets
Expecting to raise about Rs 25,000 crore from monetistion of these assets, the Railways has asked SBI Caps to study its transmission and distribution network for valuation and submit a report next month.
-
Sebi To E-Auction MPS Group's 18 Properties In February
In a notice, the Securities and Exchange Board of India (Sebi) said that SBI Capital Markets will auction 18 properties on February 6 at a reserve price of over Rs 67 crore.
-
SBI Board Clears Raising Rs 8,000 Crore Under Global Capital Norms
The bank will raise this amount through various sources, including masala bonds, to meet Basel III capital norms.
-
Government Will Fully Protect Public Deposits, Says Arun Jaitley
Arun Jaitley said the government's massive Rs 2.11 lakh crore capital infusion plan in banks was to strengthen banks.
-
Raise Funds Through Equity, Not Debt: SBI Chief Tells SMEs
"Equity capital is a much-neglected area in the SME sector," said State Bank of India chairman Arundhati Bhattacharya.
-
In Smart City Push, Pune Raises Rs 200 Crore Via Municipal Bond Sale
Pune Municipal Corp sold the debt at 7.59 percent, raising Rs 200 crore, SBI Capital Markets, the sole arranger, said.
-
SBI Cuts Home Loan Interest Rate Twice In Two Months
Effective June 15, 2017, SBI home loans above Rs 75 lakhs be cheaper by 10 basis points or 0.1 per cent.
-
Kerala ATM Robbery: Foreigners May Be Involved; Police To Seek Interpol Help
Kerala Police today zeroed in on three foreign nationals, who are suspected to be the key players behind the hi-tech ATM robbery which has shocked the state capital, and decided to seek Interpol's help.
