Business Standard

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Top headlines: SBI to raise up to $2 bn in FY23; Asian Paints Q4 net slips

Business Standard brings you the top headlines on Tuesday

Top headlines: SBI to raise up to $2 bn in FY23; Asian Paints Q4 net slips
Updated On : 10 May 2022 | 6:41 PM IST

Gurugram police, SBI arrangement allows on-the spot traffic fine payments

Traffic violators in Gurugram can soon pay fines on spot, thus eliminating the need to visit the Traffic Tower- the traffic police office.

Gurugram police, SBI arrangement allows on-the spot traffic fine payments
Updated On : 06 May 2022 | 10:37 PM IST

Stocks to Watch: Tata Consumer, Havells, CEAT, Dabur, Marico, SBI, Voltas

Stocks to Watch: Adani Power, Adani Transmission, CEAT, Dabur India, Marico, Exide Industries, Happiest Minds Technologies, and Indus Towers will be in focus ahead of theur Q4 results.

Stocks to Watch: Tata Consumer, Havells, CEAT, Dabur, Marico, SBI, Voltas
Updated On : 05 May 2022 | 8:01 AM IST

State Bank of India to raise $2 billion through overseas bonds in FY23

The executive committee of the Bank's central board will meet on May 10 to examine the status and decide on long term fund raising in single/multiple tranches, the bank informed BSE

State Bank of India to raise $2 billion through overseas bonds in FY23
Updated On : 05 May 2022 | 2:06 AM IST

LIC IPO: Over 70% of anchor allotment made to domestic mutual funds

LIC raises a total of Rs 5,627 crore in anchor book; overseas funds pour in just Rs 1,624 crore

LIC IPO: Over 70% of anchor allotment made to domestic mutual funds
Updated On : 03 May 2022 | 6:50 AM IST

Incremental credit-to-GDP FY23 share likely to cross 50% mark: SBI report

The share of incremental bank credit in incremental nominal GDP is likely to cross the 50 per cent mark in the current financial year, from a decade low of 27 per cent in FY2022, an SBI report said

Incremental credit-to-GDP FY23 share likely to cross 50% mark: SBI report
Updated On : 03 May 2022 | 1:40 AM IST

Resolution primary objective of IBC; but recovery important too: SBI MD

Financial and operational creditors owe money to companies facing insolvency proceedings and so recovery has to be an important factor while achieving resolution of stressed assets, he noted

Resolution primary objective of IBC; but recovery important too: SBI MD
Updated On : 02 May 2022 | 12:47 AM IST

SBI Card's net rises three-fold to Rs 581 cr, income up 22% to Rs 3,016 cr

The pure-play credit card issuer had reported a net profit of Rs 175.42 crore in the same quarter of the previous fiscal year

SBI Card's net rises three-fold to Rs 581 cr, income up 22% to Rs 3,016 cr
Updated On : 29 Apr 2022 | 11:16 PM IST

ED searches 26 locations in ABG Shipyard money laundering case

Surat-based ABG Shipyard and its former promoters are accused of duping a consortium of 28 banks to the tune of Rs 22,842 crore

ED searches 26 locations in ABG Shipyard money laundering case
Updated On : 27 Apr 2022 | 1:13 AM IST

TCS to take decade-long relationship with SBI Cards to a new level

The tech firm will expand the next leg of digital transformation at SBI Cards

TCS to take decade-long relationship with SBI Cards to a new level
Updated On : 25 Apr 2022 | 2:24 PM IST

Bank liable for break-in and theft from locker

The National Commission observed that when a locker is broken into, it constitutes a breach of the promised assurance of safety, and is hence, a deficiency in service

Bank liable for break-in and theft from locker
Updated On : 24 Apr 2022 | 10:04 PM IST

Chinese lenders dominate APAC bank rankings with 22 in the top-50 list

India's ICICI Bank, at 50th spot, among newest additions to the compilation, which also has SBI (22) and HDFC Bank (44)

Chinese lenders dominate APAC bank rankings with 22 in the top-50 list
Updated On : 20 Apr 2022 | 5:48 PM IST

Top headlines: Plan for 75 digital banks, IPL broadcast rights, and more

Business Standard brings you the top headlines on Wednesday

Top headlines: Plan for 75 digital banks, IPL broadcast rights, and more
Updated On : 20 Apr 2022 | 7:07 AM IST

State Bank of India seeks accountability on Future Retail store takeovers

Lenders have charge of inventory, exec says on RIL taking possession of some stores

State Bank of India seeks accountability on Future Retail store takeovers
Updated On : 20 Apr 2022 | 6:04 AM IST

Top headlines: CoinDCX raises $135 mn; Lavrov says Ukraine op in new stage

Business Standard brings you the top headlines on Tuesday

Top headlines: CoinDCX raises $135 mn; Lavrov says Ukraine op in new stage
Updated On : 19 Apr 2022 | 5:34 PM IST

SBI hikes lending rate by 0.1% across all tenures; EMIs to go up

The lending rate revision by SBI is likely to be followed by other banks in the days to come

SBI hikes lending rate by 0.1% across all tenures; EMIs to go up
Updated On : 19 Apr 2022 | 12:25 PM IST

Loans to be costlier as banks hike rates; SBI, Axis revise MCLR upwards

Kotak Mahindra Bank, increased its one-year MCLR by 5 bps to 7.4 per cent, from April 16

Loans to be costlier as banks hike rates; SBI, Axis revise MCLR upwards
Updated On : 19 Apr 2022 | 12:31 AM IST

SBI raises $500 million through three-year syndicated loan at fine pricing

This is the first offshore Secured Overnight Financing Rate (SOFR)-linked loan by SBI through its IFSC Gift City Branch

SBI raises $500 million through three-year syndicated loan at fine pricing
Updated On : 19 Apr 2022 | 12:12 AM IST

Coins worth Rs 11 cr missing from SBI vaults; CBI takes over investigation

State Bank of India (SBI) had approached the Rajasthan High Court seeking a CBI probe into the matter as the missing amount was higher than Rs 3 crore, the threshold for seeking a probe by the agency.

Coins worth Rs 11 cr missing from SBI vaults; CBI takes over investigation
Updated On : 18 Apr 2022 | 11:21 PM IST

SBI to hire consultant to explore biz potential in EV charging space

SBI said the eligible bidder must be an Indian company/ LLP /partnership firm registered under applicable Act in India

SBI to hire consultant to explore biz potential in EV charging space
Updated On : 14 Apr 2022 | 7:23 PM IST