Page 33 - Sbi

Indian economy is firming up, banking system safe: SBI, HDFC Bank chiefs

Credit demand is firming up and coming from roads, solar power projects, and the oil and gas sector, particularly city gas projects in the case of SBI

State Bank may seek RBI approval for DHFL insolvency proceedings

Banks led by SBI may make a representation to the RBI, stating the current resolution process did not find much success and they would like to opt for resolution under the IBC

Gold prices unlikely to come down in near future, says SBI advisor

The prices were ruling at around Rs 39,000 per 10 gram on this Dhanteras, as against Rs 32,690 per 10 gram on the same day in 2018.

Here are the new loan rates and charges that SBI has introduced today

According to the new rules, SBI will allow 8-10 free ATM transactions a month for customers with average monthly balances of up to Rs 25,000 in their savings accounts

Economic slowdown: India's Q2 GDP to grow by just 4.2 per cent, says SBI

State Bank of India (SBI) joins all other global agencies -- the ADB, World Bank, OECD, RBI and the IMF -- in downgrading India's FY20 growth rates

SBI to raise Rs 3,500 cr via tier I bonds to strengthen capital adequacy

Rating agency ICRA has assigned a rating of AA+ (hyb) with stable outlook for the Basel III-compliant tier-I bonds

In 7th cut this year, SBI reduces MCLR by 5 bps across all tenors

Additionally, the lender has revised interest rates on term deposits with effect from November 10, 2019

SBI Apprentice result 2019 declared on sbi.co.in: Get direct link here

SBI released a total of 700 names in the final result list. Here are steps to download SBI Apprentice result

Higher margins, lower credit costs to propel SBI's return on assets by FY21

While the bank believes higher margins and lower credit costs will propel its return on assets by FY21, some analysts expect NPAs may remain elevated

Top banks' asset quality pains are easing, show July-September earnings

Results of SBI, ICICI Bank and Axis Bank indicate respite in formation of fresh bad loans; resolution and recoveries will be important for the trend to sustain

SBI pre-tax profit sees three-fold jump to Rs 5,060 crore, beats estimates

Net profit stood at Rs 3,012 crore, as against Rs 945 crore for Q2FY19

SBI Q2 preview: Stake sale in SBI Life to aid performance; slippages eyed

The largest public lender reported a net profit of Rs 944.9 crore in the corresponding quarter of the previous fiscal, and Rs 2,312.2 crore in Q1FY20

SBI to conduct e-auction of 11 accounts on Nov 7 to recover Rs 467-cr dues

The State Bank of India (SBI) will conduct an e-auction of 11 bad loan accounts on November 7 to recover dues of Rs 466.49 crore. In terms of the bank's revised policy on sale of financial assets, in line with the regulatory guidelines, the bank will place 11 accounts for sale to ARCs/banks/NBFCs and FIs, SBI said in an auction notice. The bank said the financial assets were showcased on October 12 and the e-auction will take place on November 7. The major non-performing asset (NPA) accounts to be auctioned include Bhatia Global Trading (BGTL), which has an outstanding of Rs 177.02 crore on the bank, Bhatia Coke & Energy Ltd (Rs 104.15 crore), Bhatia Coal Washeries (Rs 12.58 crore) and Asian Natural Resources (India) Ltd (Rs 2.18 crore). Maharastra Steels Pvt Ltd (Rs 40.51 crore), Anshul Steel Ltd (Rs 37.70 crore) and Vidhata Metals (Rs 36.98 crore) are the other accounts to be auctioned. The auction for the accounts will be held under the 'Swiss Challenge Method', based on an ...

How opportunistic behaviour can worsen India's $200 bn-plus bad loan crisis

A capital-constrained economy like India can't afford a jungle raj in finance

SBI SCO Recruitment 2019: SBI re-opens application process for 76 SCO posts

SBI has invited online applications from candidates for appointment as specialist cadre officers (SCO) in the state-run bank on a regular basis

SBI to cut MCLR by 10 basis points across all tenors from Oct 10

The one-year marginal cost of funds-based lending rate (MCLR) would come down to 8.05% from 8.15% from October 10

Banks to hold first phase of 'loan mela' across 250 districts on Thursday

SBI is the lead banker in 48 districts across the country. Likewise, BoB is the lead banker in 17 out of 250 districts in the first phase.

Top events today: SC hearing on J&K, Galaxy Fold's India launch, and more

A five-judge constitution bench of the Supreme Court will start hearing a bunch of petitions challenging the Centre's decision to nullify Article 370

Are fixed-floating rates a sound option for retail home loan borrowers?

Two leading industry experts debate the merits and demerits of the new fixed-floating rate product that the SBI chairman proposed recently

ICICI Bank stock a good bet, but look out for retail non-performing assets

With the Street getting a tad cautious on HDFC Bank and SBI, market interest is moving towards ICICI Bank