Page 21 - Sbi

HDFC, ICICI Bank and SBI, among top-10 lenders in 2020, says report

Google Pay and PhonePe were the top wallets among the customers, says Report

Banks ramp up cross-selling, aim to gain bigger share of customer's wallet

Despite all the chatter, Indian banks' cross-sell ratio - the number of products and services they hawk to a customer - remains low, report Abhijit Lele and Raghu Mohan

Latest News LIVE: People of Bengal 'angry' with Mamata Banerjee, says Shah

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CBI registers cases filed by Canara Bank, SBI over Rs 8,000 cr fraud

The two cases were filed separately and involved private firms in Hyderabad and Chennai

SBI Research ups projections for economy, narrows GDP contraction to 7.4%

Deloitte says recovery depends on vaccine, spread of Covid cases

Top headlines: SBI raises FY21 GDP estimate, SC proposes govt-farmer panel

Business Standard brings you top news of the evening

India GDP recovering better than expected; to contract 7.4% in FY21: SBI

The report also says that it would take seven quarters from the fourth quarter of FY21 for GDP to reach the pre-pandemic level in nominal terms

Insurance funds should invest in low-rated instruments: SBI chairman

Speaking at the CII Partnership Summit, Khara said, as of now such funds are only into AAA and AA papers

Allow insurance, pension funds to invest in lower-rated debt: SBI chief

Dinesh Kumar Khara says this is needed to ensure money flows into infrastructure, as is the case across the globe

Tough call for DHFL lenders as Oaktree just manages to outbid Piramal

Adani does not make aggressive bid in fourth round; all offers have several conditions and banks will have to take a call by evaluating NPV of each

Need DFIs for push to infrastructure sector in long term, says SBI MD

There is a need for a development finance institution for funding long-term needs of the infrastructure sector, State Bank of India Managing Director Ashwani Bhatia said on Saturday

SBI will prefer co-origination models of lending to MSMEs: Chairman

Dinesh Kumar Khara said banks need to have enough confidence into various models of the MSMEs and also the commitment level of such entrepreneurs

Things India must do to be a functioning social democracy

If even a modest but growing social welfare package is to be affordable, the public sector has to perform or be disbanded so that the govt can shut down one of the two cash burners, writes T N Ninan

SBI to boost retail loan book, sees earnings improving

SBI's bad loan ratio fell to 5.28 per cent at the end of September from 5.44 per cent three months earlier

The holding company model for PSBs is an idea whose time has come

The idea of a financial holding company first found favour in the Shyamala Gopinath-led working group's 2011 report and was later fleshed out by the PJ Nayak Committee

CBI searches 3 locations in Delhi in Rs 1,800-crore bank fraud case

The CBI on Friday carried out searches at three locations here after booking Jay Polychem Ltd in a Rs 1,800-crore alleged bank fraud in the State Bank of India, officials said.

US, Norwegian investors pressure SBI over loan to Adani mine in Australia

Officials from New York-based BlackRock Inc. and Norway's Storebrand ASA have contacted the State Bank of India, which is majority-owned by the Indian government, about the loan.

Fitch affirms Issuer Default Rating on four PSBs including SBI

Upgrades viability rating for IDBI Bank by a notch due mainly to improved core capitalisation and the high loan-loss coverage

CLSA sees 46% upside in SBI stock; raises target price to Rs 360

The recent upward revision in target price by CLSA factors in two key developments for SBI - potential upside in earnings and limited downside risks to capital adequacy

Wherever we've seen unlocking, we've seen a revival in demand: SBI Chairman

Inflation rate in excess of 7% is essentially attributed to supply-side constraints, says chairman