Page 14 - Sbi

SBI to offer Kavach personal loans at 8.5% for Covid-stressed customers

It is a collateral-free offering under which a maximum of Rs 5 lakh can be extended for 5 years

SBI-controlled RRBs see four-fold jump in net profit at Rs 1,004 cr in FY21

As a planned strategy to diversify the portfolio, RRBs expanded their housing loans by 20.35 per cent, while gold loans grew 91.73 per cent

Second wave: Too early to take call on asset quality dip, says SBI chief

Despite limited lockdowns this time, economic impact will be felt, household income takes a hit

Analyst optimism on State Bank of India reaches a 17-year high, shows data

Among 48 analysts who cover the stock, 47 recommend buy and only one has a hold rating - a ratio of 98 per cent that's the highest since June 2004, according to data compiled by Bloomberg

SBI union, others urge RBI to scrap digital payments plan: letter

The letter urged the central bank to scrap the "whole process of NUE licensing"

SBI invests undisclosed amount in digital payments startup Cashfree

Country's top lender seeks to promote digital payments. Last November Cashfree had raised $35.3 mn in Series B funding, led by UK's Apis Growth Fund II

Best of BS Opinion: Seal a tax deal, the road ahead for SBI, and more

Here are the best of Business Standard's opinion pieces for Monday

Value of India's top 100 brands up 2% in 2021; Tata Group most valuable

Among the brands that came on the top of the list include Tata Group, Reliance Industries, and Mahindra Group

The road ahead for State Bank of India

The elephant in Indian banking has already become nimble-footed. Its new boss, Dinesh Khara, needs to choreograph the steps for its dance

YIAPL secures financing from SBI for development of Noida Airport

YIAPL has received the final credit sanction for Rs 3725 crore from the State Bank of India (SBI) for the development of Noida International Airport (NIA), it said in a statement issued on Friday

State Bank of India's domestic advances growth rebounds to 5.67% in FY21

SBI said that despite the ongoing pandemic, its business growth remained robust in the financial year ended March 2021

Yamuna body gets Rs 3,725 cr loan from SBI to develop airport in Jewar

The entire principal plus interest amount has to be paid within 20 years.

SBI does balancing act between financing coal projects, appeasing investors

Lender needs to finance coal projects to electrify more Indian homes, as it works with investors like BlackRock Inc that are keen on renewables.

SBI cuts FY22 GDP growth estimate to 7.9%; recovery to be 'W-shaped'

The economists at the state-run lender seemed to attribute the impact of the second wave of Covid infections as a key factor for the revision in the growth estimate, and pitched for faster vaccination

SBI invites bids from ARCs for two accounts for recovering Rs 409 crore

SBI will auction two NPA accounts later this month for recovery of dues worth Rs 409.45 crore from the companies -- Kamachi Industries Ltd and Tantia Agrochemicals Ltd

SBI revises downwards India's FY22 economic growth forecast to 7.9%

As the second wave of Covid-19 and the resultant restrictions again cripple economic activities, the State Bank of India has lowered India's growth outlook for the current financial year

SBI shares extend rally, hit new record high, m-cap near Rs 4 trillion-mark

SBI had posted a strong quarterly performance in Q4FY21 and has showed further sequential improvement in assets quality and rise in profitability

PSU banks to follow template with three loan buckets for recast 2.0

Lenders come out with standardised products to help mitigate Covid crisis

State Bank of India raises cash withdrawal limits at non-home branches

State Bank of India has increased the cash withdrawal limits through cheques and withdrawal forms for its customers at non-home branches

SBI, HDFC Bank move SC against RBI directive to provide data under RTI act

The two largest banks of India feared that such a directive could be detrimental to their business operations and compromise the confidentiality of customer information