Page 18 - Sbi

SBI donates Rs 11 cr to PM-Cares fund for govt's Covid vaccination drive

The second phase of the COVID-19 vaccination drive started in the country from March 1

Top headlines: PM Modi receives Covid jab; ATF price raised by a steep 6.5%

Business Standard brings you top news of the evening

SBI reduces home loan interest rates to 6.7%

SBI home loan interest rates start from 6.7% for loans up to Rs 75 lakh and 6.75% above Rs 75 lakh; the lender is also offering 100% waiver on processing fees

Hackers hit State Bank of India users with text phishing scam

Several SBI users have been targeted with a phishing scam where hackers have flooded them with suspicious text messages

Coming soon: Pay life insurance premium in advance, get a discount

IRDAI proposes to link discount with SBI savings bank rate, which is currently at 2.7%

State Bank of India, Shapoorji Pallonji Real Estate sign MoU

State Bank of India and Shapoorji Pallonji Real Estate on Thursday signed a Memorandum of Understanding (MoU) to enable faster processing of home loans, approvals and to provide other benefits. The lender's head and chief general manager (Real Estate & Housing Business Unit) Shreekant said the collaboration will create win-win business opportunities for all stakeholders. "We sanction home loans in five days in all our approved projects, which is the key benefit for the customers apart from complete waiver of legal and valuation charges, he said in a release. Shapoorji Pallonji Real Estate CEO Venkatesh Gopalkrishnan said the tie-up will cover the new and existing housing projects across key markets. Earlier this month, SBI Chairman Dinesh Khara had said the bank is looking at more builder tie-ups so as to reduce the turnaround time for approving home loans to five days as against 12 days.

SBI, Shapoorji Pallonji sign MoU to offer faster home loan approvals

As part of the agreement, customers of SBI and Shapoorji Pallonji Real Estate will be able to avail the benefits of faster processing of home loans and approvals

SBI Card raises Rs 550 crore through private placement of bonds

State-run lender State Bank of India has a significant stake in SBI Card

State Bank of Sikkim under Reserve Bank of India's regulatory purview

The bank, established five years before Sikkim acceded to India in 1973, provides treasury operations for the state government

SBI Cards m-cap tops Rs 1-trillion; Five factors that are driving the stock

The firm's m-cap is now more than that of Tata Motors, Shree Cement, and JSW Steel

Morgan Stanley believes SBI is well-placed to capitalise cyclical lift

Morgan Stanley has raised its one-year target price to Rs 600 apiece. In their bull-case, the target price is pegged at Rs 830, implying a 100 per cent upside from Wednesday's close

Nomura, Morgan Stanley bet on these stocks as Nifty Bank hits new record

The Nifty Bank index, which was the top performing index on the National Stock Exchange (NSE), jumped nearly 730 points, or 2 per cent, in the intra-day deals to hit a new 36,837 levels

Banking Reset 2.0: Tectonic changes are underway in Indian banking

Towards the end of the calendar year, an Internal Working Group (IWG) of the RBI made a case for large corporate groups being permitted to spawn banks

SBI stock may rally another 40% after hitting record high: Analysts

The series of price-target upgrades continued for the sixth consecutive quarter for the state-owned lender as it reported a 7 per cent decline in net profit at Rs 5,196 crore for the December quarter

Top headlines: Govt comes down heavily on Twitter, IndiGo starts hiring

Business Standard brings you the top headlines at this hour

SBI aims to double home loan portfolio in next 5 years to Rs 10 trillion

Aims to achieve Rs 7 trillion by FY24, currently has 34% market share in the segment

Top headlines: PM defends farm laws; SBI says will double home loans

Business Standard brings you top news of the evening

India's aspiration needs 20 SBI-sized institutions: FM Sitharaman

Sitharaman said the government would work with the Reserve Bank for execution of the bank privatisation plan announced in the Budget

State Bank of India shares jump 11% as Street lauds Q3 performance

The stock ended at a new lifetime high of Rs 393 after soaring to Rs 408 in intra-day trade.

State Bank of India shares continue to gain on improved asset quality

Shares of State Bank of India continued to rally on Friday, jumping over 11 per cent