Page 23 - Sbi

SBI warns bad debt can worsen even as its profit beats estimates

SBI, which accounts for more than a fifth of loans in India's banking sector, is a key indicator of the health of the country's economy that's set for a historic contraction this financial year

Top headlines: US election heads down to the wire, SBI Q2 profit up 52%

Republic TV editor Arnab Goswami was arrested by police in Mumbai for alleged abetment of suicide in a case registered in 2018.

Sensex ends 355 pts higher amid tight US presidential race; IT stocks gain

All that happened in the markets today

SBI Q2 result: Profit jumps 52% YoY to Rs 4,574 cr; asset quality improves

SBI's gross non-performing assets (GNPA) declined to Rs 1.25 trillion during September quarter

SBI to report Q2 result today; here's what leading brokerages expect

Lower growth in net interest income, muted loan growth, an unchanged net interest margin, and decline in operating profit may mark the quarter, say analysts

Bank lending expanded by over Rs one trillion in Sept: Soumya Kanti Ghosh

Overall credit that month was Rs 71,500 cr from a negative Rs 36,000 cr in August. Hence, effectively credit jumped by Rs 1.07 trillion in Sept, says SBI's chief economic advisor

State Bank of India raises $1 billion from JBIC, other Japanese lenders

JBIC is a policy-based financial institution, wholly-owned by the Japanese government.

PSB Q2 preview: NPA recognition ruling to prevent higher slippages

Analysts pegs SBI's PAT at Rs 3,435.5 crore for the quarter under review, at Rs 517 crore for Bank of Baroda, and at Rs 189 crore for PNB

State Bank of India raises Rs 5,000 cr by issuing Basel-III compliant bonds

The State Bank of India (SBI) on Monday said it has raised Rs 5,000 crore by issuing Basel-III compliant bonds.

Move to raise legal marriage age of women will see big gains: SBI report

While the mean female marriage age in India is already above 21 years, about 35% of are married before then, with the current legal limit at 18 years, according to SBI

SBI increases sops for home loans above Rs 75 lakh in festive push

Offers interest rates starting as low as 6.9 per cent for a home loan of up to Rs 30 lakh and 7 per cent for above Rs 30 lakh

Top headlines: Bonus for central govt employees, SBI hikes home loan sops

Business Standard brings you the top headlines of the day

State Bank of India announces up to 25 bps concession on home loan rates

The country's largest lender State Bank of India on Wednesday announced concession of up to 25 basis points (bps) on its home loan rates

Centre's PSU disinvestment drive gets a helping hand from LIC, SBI

The two lapped up the bulk of shares during the offers for sale of HAL, Bharat Dynamics

DLF's rental arm raises Rs 2,400 cr from SBI to fund future expansion plans

Realty major DLF's rental arm DCCDL has raised Rs 2,400 crore debt from India's largest lender SBI to refinance its existing debt and fund future expansion plans, a senior company official said. In an interview with PTI, DLF's group chief financial officer (CFO) Vivek Anand said the debt has been raised at a very attractive interest rate of 7.35 per cent, enabling the company to reduce interest cost. DLF Cyber City Developers Ltd (DCCDL), the joint venture between DLF and Singapore sovereign fund GIC, has 33 million sq ft of office and retail properties generating an annual rental income of Rs 3,500 crore. DLF holds 66.66 per cent stake in DCCDL while GIC has the rest. "DCCDL has secured funding of Rs 2,400 crore from India's largest public sector bank SBI. It sets a benchmark for lease rental discounting (LRD) in the country," Anand told PTI. The fund has been raised through the LRD route against a rental portfolio of 2.4 million sq ft area in Cyber City, Gurugram. "It is one of

Govt approves 14th tranche of electoral bonds; sale closes on October 28

The Election Commission of India (ECI) accorded 'no objection' from the Model Code of Conduct (MCC) angle on October 15 with certain conditions, a finance ministry statement said

Bombay High Court impleads T Rowe Price in UTI AMC's stake sale petition

This year the Officers Association filed an interim application pleading urgent hearing of the writ petition ahead of the IPO and to implead T Rowe Price as a respondent

DHFL lenders brace for haircut after foreign bidders back out of race

Only two firms in race for retail, wholesale, and slum rehabilitation authority portfolio

Top headlines: Wipro Q2 profit dips, GoAir pilots stop P&W engine mid-air

From Wipro reporting decline in Q2 profit year-on-year, Godrej Properties buying land in Bengaluru to J&J pausing Covid vaccine, Business Standard brings you top news of the evening

HC seeks Centre, SBI stand on Anil Ambani plea to include Chinese banks

The high court also said that the moratorium on recoveries from sale of Ambani's assets, as provided under section 96 of the Insolvency and Bankruptcy Code (IBC), would remain in operation for now