Page 32 - Sbi

SBI's Arijit Basu backs oversight on banks without probe agency overreach

Talking about the current levels of non-performing assets, Basu said banks should have been cautious in some cases

Top headlines: WhatsApp Pay set for phased roll out in India, SBI cuts MCLR

From WhatsApp Pay's phased roll out in India to PhonePe's plans of creating world's biggest ATM network in India, here are the day's top headlines

SBI beats estimates, profit before tax surges 65.7% in Dec quarter

Good recovery from the Essar Steel stressed loan account provided an impetus to the Q3 performance. However, gains were restricted due to the DHFL account turning bad

BoM, SBI only PSBs rated 'good' in digital transactions in Dec: Govt data

For digital transactions, the government has given a target of 4,000 crore digital transactions for the current fiscal

SBI's new rules to come into effect from May 1: Key things to know

SBI is the first lender to announce a timeline to switch to an external benchmark

Top headlines: India's direct taxes may fall, fresh summons for AirAsia CEO

From India's first fall ín direct tax collections in two decades to the latest in Tata-Mistry case, here are today's top headlines

Operations may be impacted due to bank unions' two-day strike: SBI

Bank unions have called for a two-day nationwide strike on January 31 and February 1 after talks over wage revision failed to make headway with the IBA

WIll SBI's loan revive trust?

In SBI's scheme, the buyer pays only the down payment. The developer pays the interest during the construction period

What will pinch your pocket and what will be cheaper from today

Business Standard brings to you a list of products and services that might either pinch your pockets or ease your expenses in the coming months

SBI Cards set to launch Rs 9,500-cr IPO this month, subject to Sebi nod

The issue will comprise an offer for sale of about 131 million shares of existing shareholders - SBI and CA Rover

SBI will create unit to manage rural, semi-urban business: Rajnish Kumar

Under financial inclusion, the bank has about 58,000 BCs and 22,010 branches across the country to offer banking services

Top headlines: Maruti's car sales rise, astronauts for Gaganyaan, and more

Maruti said it sold 124,375 vehicles in the domestic market in December as compared to 121,479 vehicles sold in the same month last year

Home loan EMIs to reduce as SBI cuts external benchmark rate by 25 bps

The new rates will be applicable from January 1, 2020

Six of top-10 firms lose Rs 64,419 cr in m-cap last week; RIL takes big hit

While TCS, HDFC Bank were the other firms which witnessed a decline in their m-cap for the week ended Friday, HDFC, HUL, ICICI Bank and Infosys emerged as gainers

SBI under-reported bad loans by Rs 11,932 crore in FY19: RBI report

Based on the divergence assessed by RBI in provisioning for bad loans, SBI said it would have reported a net loss of Rs 6,968 crore in FY19 as opposed to a profit of Rs 862 crore

In 8th cut this year, SBI reduces MCLR by 10 bps across all tenors

The one year MCLR has come down to 7.90 per cent per annum from 8.00 per cent per annum with effect from December 10, 2019

SBI to divest 8.25% in UTI AMC share sale; BoB, LIC and PNB may follow suit

The total dilution in the IPO could be 33 per cent

SBI to divest 8.25% in UTI AMC IPO; LIC, BoB, PNB may also follow suit

The total dilution in the IPO could be 33 per cent. If the issue has fresh component, it could lead to further dilution

Eight of top-10 most valued firms add Rs 52,194-cr in m-cap; SBI, HDFC lead

The Sensex advanced 434.40 points or 1.07 per cent last week

Patanjali secures Rs 3,200 cr loan from SBI, other banks to buy Ruchi Soya

Patanjali said it has got loans of Rs 1,200 crore from SBI, Rs 700 crore from PNB, Rs 600 crore from UBI, Rs 400 crore from Syndicate Bank and Rs 300 crore from Allahabad Bank