Tamil Nadu, Haryana, Punjab, Bihar and North Eastern States are the states where vaccination wastage is 'quite high', the report said
SBI chairman said that the bank does not have immediate plans to raise capital as a reasonable profit of the last fiscal would be ploughed back to take care of foreseeable business growth
The European Investment Bank and the country's largest lender SBI on Friday entered into a pact
The RBI has announced a few steps to encourage small finance banks (SFBs) to increase the credit flow to small borrowers
SBI has allocated Rs 71 crore to support various initiatives in combating Covid-19 and is in talks with various designated authorities to explore partnerships for setting up makeshift hospitals
State Bank of India (SBI) will try to keep the interest rates benign as long as possible with a view to supporting the economic growth, its chairman Dinesh Kumar Khara has said
Women borrowers to get a special concession of 5 bps
The country's largest lender SBI said its central board in its meeting on Wednesday has approved raising up to USD 2 billion (around Rs 14,880 crore) through bonds this fiscal. The Executive Committee of the Central Board in its meeting on April, 28, 2021 has approved long term fund raising in single / multiple tranches up to USD 2 billion, SBI said in a regulatory filing. The funds are to be raised through a public offer and /or private placement of senior unsecured notes in US Dollar or any other convertible currency during FY 2021 -22, SBI said. SBI shares closed at Rs 363.30 apiece on BSE, up 2.95 per cent from the previous close.
So far in the current calendar year, the scrip has soared 28.3 per cent on the BSE compared with the Sensex's 2.4 per cent gain
The bank said the Executive Committee of its Central Board would consider raising $2 billion through bonds in the financial year 2021-22
SBI is the country's largest lender
However, it allowed the parties to file replies and rejoinders and listed the matter on July 13
In a statement, SBI said it had stopped recovering charges in BSBD accounts on all digital transactions with effect from September 15
Longs should be protected with the stoploss of 14,275 in Nifty
It has become easier to do business, especially in the SME banking space, with rising pace of formalisation
Several banks, including State Bank of India (SBI), have been imposing excessive charges on certain services provided
Stocks like SBI and Bank of Baroda can expect a surge of over 5 per cent in coming sessions.
India's largest bank is now the most valuable state-owned entity, even as other public sector firms struggle to retain their place on the bourses
This takes the total facility to $2 bn, including $1 bn, which was signed last year in Oct 2020
Trai said the enforcement of its regulations was vital because the delivery of non-compliant messages allowed fraudulent miscreants to conveniently misuse the message delivery