Page 12 - Sbi
Moody's assigns 'Ba3' rating to HDFC Bank's AT1 dollar-denominated bonds
Country's largest lender State Bank of India has already raised capital through AT1 bonds from global markets
 "Moody's assigns 'Ba3' rating to HDFC Bank's AT1 dollar-denominated bonds")
SBI MF launches open-ended dynamic asset allocation fund
The fund would manoeuvre across equity for long-term wealth creation and fixed income to provide stability to the overall scheme portfolio.
 "SBI MF launches open-ended dynamic asset allocation fund")
Yes Bank hits 52-week low in firm market, down 33% thus far in 2021
Analysts at Emkay Global Financial Services expect the bank's RoA trajectory to remain sub-par at 0.5-0.8 per cent over FY23-24E vs. management expectation of 1-1.5 per cent
 "Yes Bank hits 52-week low in firm market, down 33% thus far in 2021")
Noida Airport's first phase funding sealed with Rs 3,725-cr loan from SBI
The Yamuna International Airport Pvt Ltd (YIAPL) has raised Rs 3,725 crore debt from State Bank of India for the development of the upcoming Noida International Airport, officials said on Tuesday
 "Noida Airport's first phase funding sealed with Rs 3,725-cr loan from SBI")
Analysts revise SBI target price post Q1, but Voda Idea overhang remains
SBI share price skidded 3 per cent to Rs 443 on the BSE in the intra-day trade today as analysts worry that Voda Idea's precarious position may hit the lender's asset quality going ahead
 "Analysts revise SBI target price post Q1, but Voda Idea overhang remains")
SBI logs its highest-ever quarterly profit at Rs 6,504 cr in Q1, up 55% YoY
Net interest income of the lender rose 3.74 per cent year-on-year to Rs 27,368 crore
 "SBI logs its highest-ever quarterly profit at Rs 6,504 cr in Q1, up 55% YoY")
Sensex up 546 pts, ends above 54K; Nifty tops 16,250; financial stocks gain
The broader market, however, saw profit booking as, both, the BSE Mid and SmallCap indices declined 1 per cent each.
 "Sensex up 546 pts, ends above 54K; Nifty tops 16,250; financial stocks gain")
SBI rebounds 5% from low post Q1 results; market-cap crosses Rs 4-trillion
The bank said slippages sttod at Rs 15,666 crore (2.47 per cent) in the June 2021 quarter, of which a significant amount has already been pulled back in July 2021
 "SBI rebounds 5% from low post Q1 results; market-cap crosses Rs 4-trillion")
SBI reports highest-ever quarterly net profit of Rs 6,504 crore in Q1
Post result announcement, the stock of the lender rallied nearly 4 per cent and hit fresh record high of Rs 463.2 apiece on the BSE. Moreover, it's m-cap surpassed Rs 4.13 trillion-mark
 "SBI reports highest-ever quarterly net profit of Rs 6,504 crore in Q1")
SBI m-cap surpasses Rs 4-trillion mark ahead of June quarter results
In the past three months, the stock has rallied 27 per cent as compared to a 12.4 per cent rise in the S&P BSE Sensex
 "SBI m-cap surpasses Rs 4-trillion mark ahead of June quarter results")
Need to devise new formula for states' borrowings: SBI Economists
States are increasingly borrowing higher by making ambitious GSDP projections and hence, there is a need for a new formula to define the loan caps, economists at largest lender SBI said on Tuesday.
 "Need to devise new formula for states' borrowings: SBI Economists")
Kingfisher stake sale, fewer provisions to drive SBI's Q1 profit: Analysts
Prabhudas Lilladher builds-in recovery from Kingfisher loans at Rs 20 crore
Reliance slips 59 places on Fortune list, SBI jumps 16 notches
Billionaire Mukesh Ambani's oil-to-telecom conglomerate Reliance Industries Ltd slipped 59 places to rank 155th on the 2021 Fortune Global 500 list released on Monday.
 "Reliance slips 59 places on Fortune list, SBI jumps 16 notches")
Govt banks continue to have truncated boards, 10 don't even have a chairman
Meeting quorum of board sub-committees becomes difficult sometimes, say bankers
 "Govt banks continue to have truncated boards, 10 don't even have a chairman")
SBI, Axis Bank, ICICI Bank, others buy stakes in fintech firm IBBIC
Six banks State Bank of India, Axis Bank, Indian Bank, Yes Bank, IDBI Bank, and ICICI Bank on Tuesday said they have bought equity stakes in financial technology platform IBBIC.
 "SBI, Axis Bank, ICICI Bank, others buy stakes in fintech firm IBBIC")
UK court declares Vijay Mallya bankrupt for Indian banks to realise debt
The Indian banks, represented by the law firm TLT LLP and barrister Marcia Shekerdemian, had argued for the bankruptcy order to be granted in favour of the Indian banks
 "UK court declares Vijay Mallya bankrupt for Indian banks to realise debt")
SBI top-deck recast: Mishra is new HR head, Rana Singh is strategy chief
Ravindra Pandey, who was serving as DMD (Strategy) & Chief Digital Officer, is now DMD and Chief Information Officer (CIO)
NJ India, SBI took lion's share of mutual fund commissions in FY21
The data from Amfi shows NJ India Invest maintained top spot, with gross distribution commission of Rs 874 crore, 12.5 per cent more than Rs 777 crore pocketed in FY20
 "NJ India, SBI took lion's share of mutual fund commissions in FY21")
SBI donates Rs 22.87 lakh to RML Hospital for expanding healthcare facility
State Bank of India (SBI) on Friday donated Rs 22.87 lakh to Ram Manohar Lohia (RML) Hospital, New Delhi, for augumenting healthcare facility to help nation in the fight against the COVID-19 pandemic.
RBI imposes penalty of up to Rs 2 cr on 14 banks for non-compliance
The penalty ranges from Rs 50 lakh to Rs 2 crore, with SBI being charged Rs 50 lakh and BoB Rs 2 crore
 "RBI imposes penalty of up to Rs 2 cr on 14 banks for non-compliance")
