Page 13 - Sbi

Sharp increase in household debt stress in FY21 is worrying: SBI report

Household debt has sharply increased to 37.3 per cent of GDP in FY21 from 32.5 per cent of GDP in FY20

Valuation of SBI, subsidiaries can be better: Chairman Dinesh Kumar Khara

The early numbers indicate that we have seen traction in the retail book. But, not much traction was seen in the corporate book, said Dinesh Khara, Chairman, SBI

Covid-19: SBI employees contribute Rs 62.62 crore to PM Cares Fund

This comes on the 66th Foundation Day of the State Bank of India (SBI)

SBI to levy charges for cash withdrawal beyond 4 free transactions a month

SBI will charge Rs 15 plus GST per cash withdrawal beyond 4 free cash withdrawals.

Top headlines: India approves Moderna vaccine; Sebi announces reforms

Business Standard brings you the top news of the evening

Stocks to watch: Dodla Dairy, KIMS, Barbeque Nation, Thyrocare, SBI, Lupin

Realty firm Ashiana Housing on Saturday reported a consolidated net loss of Rs 5.2 crore for the quarter ending March. Its net loss stood at Rs 8.63 crore in the year-ago period

Indian economy poised for recovery in FY22, says SBI Chairman

SBI Chairman Dinesh Kumar Khara has expressed hope that the country's economy would recover in the ongoing financial year

SBI ready to meet credit growth spike, expects loan book to grow 9% in FY22

Khara said FY22 had begun with an unexpected second wave of Covid-19 infections

SBI better positioned to tackle any subsequent Covid-19 wave: Khara

SBI is the country's largest lender

SBI may need to raise only up to Rs 9,000 crore in capital in FY22

State Bank of India is the country's largest bank

Stocks to watch: PNB Housing, Indian Bank, Jet Airways, Dish TV, SBI, NMDC

The National Company Law Tribunal will pass its order on the Kalrock-Jalan consortium's plan for revival of Jet Airways today

SBI to raise up to Rs 14,000 cr via AT1 bonds to boost capital adequacy

Being a systemically important financial institution, the bank has to maintain a higher level of CAR than its peers

Top headlines: Dow rises 500 pts; SBI to raise up to Rs 14,000 cr

Business Standard brings you top news of the day

SBI gets central board's nod to raise Rs 14,000 crore via bonds

The country's largest lender SBI on Monday said its central board has approved a proposal to raise up to Rs 14,000 crore by issuing Basel-III compliant bonds

SBI to sell two NPA accounts next month to recover dues of Rs 60 cr

SBI has invited bids for two NPA accounts with outstanding dues of nearly Rs 60 crore. "In terms of the bank's policy on sale of financial assets, in line with the regulatory guidelines, we place these accounts for sale to ARCs/ banks/ NBFCs/ FIs, on the terms and conditions indicated there against," SBI said in a sale notice. The bank has put up for sale the accounts of N S Engineering Projects, with loan outstanding of Rs 36.98 crore, and Chinteshwar Steels Pvt Ltd, which owes Rs 22.72 crore to SBI. The reserve price for these non-performing assets (NPAs) for the purpose of sale has been fixed at Rs 17.19 crore and Rs 10.50 crore, respectively. The e-auction for these two accounts will take place on July 7, 2021. The interested asset reconstruction companies (ARCs)/ banks/ non-banking financial companies (NBFCs) / financial institutions (FIs) can conduct due diligence of these assets with immediate effect, after submitting expression of interest and executing a non-disclosure ..

Stocks to watch: Power Grid, SBI, Tata Steel, CESC, Federal Bank, Wipro

SBI Board is slated to meet on June 21 to consider a fundraising plan for FY22

Inflation persistence vis-a-vis low growth, RBI has limited choice: Report

Driven by several global and domestic factors, inflation may remain elevated in the coming months, State Bank of India's research division said on Wednesday

SBI Cards raises Rs 500 crore by issuing bonds, allots 5,000 NCDs

The coupon on the bonds is 5.55 per cent per annum. The bonds have been allotted on June 14, 2021.

No more space for monetary steps, tough task ahead for RBI: SBI Report

The report said RBI will face a multiplicity of challenges and a potential inflation uptick that has all the prospects to turn ugly with a marauding global commodity cycle

Good show by banks but can they sustain it?

Till March, banks could hold on but not all of them will be in a position to stomach the impact of the second wave of the pandemic