Business Standard

Page 34 - Sbi

Linking loans to external benchmark may delay SBI's profit revival

Profitability may take further hit on policy rate cut of 25-40 bps

Linking loans to external benchmark may delay SBI's profit revival
Updated On : 25 Sep 2019 | 10:30 PM IST

NCLT directs Jet Airways lenders to disburse lifeline funds within 15 days

Some lenders like Yes Bank, Punjab National Bank, IDBI Bank, Bank of India, Indian Overseas Bank and Axis Bank are yet to release their portion

NCLT directs Jet Airways lenders to disburse lifeline funds within 15 days
Updated On : 25 Sep 2019 | 9:44 PM IST

Linking loans to external benchmark: Why it won't be easy for banks

Banks in India are not wholesale-funded entities as in developed markets, but deposit-taking. Only a percentage of their books is linked to borrowing at the repos window

Linking loans to external benchmark: Why it won't be easy for banks
Updated On : 25 Sep 2019 | 2:54 AM IST

Six of 10 most valued cos add Rs 50,580 cr in m-cap; SBI, ICICI Bank lead

The market cap of TCS dropped Rs 21,125.9 crore to Rs 8,03,516.90 crore

Six of 10 most valued cos add Rs 50,580 cr in m-cap; SBI, ICICI Bank lead
Updated On : 15 Sep 2019 | 11:25 AM IST

SBI Life Insurance shares slip 2% as SBI's two-day OFS begins

SBI plans to raise up to Rs 3,465 crore by offloading up to 4.5 per cent stake in SBI Life to comply with the minimum public shareholding norms.

SBI Life Insurance shares slip 2% as SBI's two-day OFS begins
Updated On : 12 Sep 2019 | 10:57 AM IST

SBI cuts MCLR by 10 basis points, slashes term deposit rates by 20-25 bps

Bank official hints at another round of rate cuts following low credit offtake

SBI cuts MCLR by 10 basis points, slashes term deposit rates by 20-25 bps
Updated On : 09 Sep 2019 | 10:30 PM IST

State Bank of India cuts MCLR By 10 bps effective September 10

State Bank of India reduced interest rates on time deposits across all maturities

State Bank of India cuts MCLR By 10 bps effective September 10
Updated On : 09 Sep 2019 | 10:38 AM IST

18 PSBs hit by 2,480 cases of fraud of over Rs 31,000 cr in Q1: RTI

As many as 1,197 cases of cheating involving Rs 12,012.77 crore were detected in SBI in the first quarter, according to the RTI reply

18 PSBs hit by 2,480 cases of fraud of over Rs 31,000 cr in Q1: RTI
Updated On : 09 Sep 2019 | 12:35 AM IST

SBI sought 147 look out circulars in bank fraud cases in last 5 month: RTI

Data shows that the bank started seeking LoC from the Bureau of Immigration from April this year

SBI sought 147 look out circulars in bank fraud cases in last 5 month: RTI
Updated On : 08 Sep 2019 | 5:05 PM IST

Planning to take auto loan? At 8.45%, SBI offers the lowest rate

However, check with manufacturers' captive lenders for offers during the festive season

Planning to take auto loan? At 8.45%, SBI offers the lowest rate
Updated On : 03 Sep 2019 | 1:53 AM IST

SBI raises up to Rs 3,105 cr by issuing bonds under Basel-III regulations

To comply with Basel-III capital regulations, banks need to improve and strengthen their capital planning processes

SBI raises up to Rs 3,105 cr by issuing bonds under Basel-III regulations
Updated On : 30 Aug 2019 | 8:33 PM IST

SBI proposes to dilute stake in credit card business through IPO route

State Bank of India (SBI) on Wednesday said it is planning to dilute stake in its card business through the initial public offer (IPO) route. The country's largest lender currently holds 74 per cent stake in SBI Cards & Payment Services Private Limited. The Executive Committee of Central Board of the bank at its meeting held on Wednesday "has given in-principle approval to explore the possibility of diluting SBI's stake in SBI Cards & Payment Services Private Limited, a subsidiary company through IPO route at an opportune time, subject to the approval of RBI and other regulatory agencies in this regard," the bank said in a regulatory filing. Further, specific disclosures on offer for sale (OFS) by promoters will be be given, once the same is finalised by the bank, it said. The bank had launched SBI Card in October 1998. In December 2017, SBI and the Carlyle Group acquired GE Capital's stake in the joint venture. SBI holds 74 per cent, while Carlyle holds 26 per cent in the ...

SBI proposes to dilute stake in credit card business through IPO route
Updated On : 14 Aug 2019 | 3:46 PM IST

RBI policy review: SBI cuts loan rates by 15 bps, others likely to follow

SBI reduced its marginal cost of funds-based lending rate from 8.4% to 8.25%

RBI policy review: SBI cuts loan rates by 15 bps, others likely to follow
Updated On : 07 Aug 2019 | 11:24 PM IST

SBI (Shanghai) becomes 1st Indian bank to link up with China payment system

The CNAPS, launched in 2008 by People's Bank of China provides real-time settlement services for all payments cleared in mainland China, as well as in all clearing banks in offshore yuan centers

SBI (Shanghai) becomes 1st Indian bank to link up with China payment system
Updated On : 02 Aug 2019 | 4:07 PM IST

HDFC home loans to EVs and bikes: What gets costlier & cheaper from today

Here's a list of products and services that might either pinch your pockets or ease your expenses in the coming months

HDFC home loans to EVs and bikes: What gets costlier & cheaper from today
Updated On : 01 Aug 2019 | 11:41 AM IST

SBI cuts deposit rates sharply, other lenders may follow suit

The term deposit rates will be 20 basis points lower for retail customers, and 50-75 basis points lower for deposits up to 179 days

SBI cuts deposit rates sharply, other lenders may follow suit
Updated On : 30 Jul 2019 | 2:58 AM IST

SBI recruitment 2019: Apply for 76 Specialist Cadre Officers posts

Candidates are advised to check SBI's website bank.sbi/careers or sbi.co.in/careers regularly for details and updates

SBI recruitment 2019: Apply for 76 Specialist Cadre Officers posts
Updated On : 22 Jul 2019 | 6:30 PM IST

SBI Clerk Result 2019 to be out soon; know important dates and instructions

SBI Clerk Result 2019: SBI Clerk Prelims Result will be declared soon on sbi.co.in. Here are some important instructions that candidates must know

SBI Clerk Result 2019 to be out soon; know important dates and instructions
Updated On : 19 Jul 2019 | 7:45 AM IST

SBI Managing Director Anshula Kant appointed MD and CFO of World Bank

As Managing Director and Chief Financial Officer, Kant will be responsible for financial and risk management of the World Bank Group, reporting to the President

SBI Managing Director Anshula Kant appointed MD and CFO of World Bank
Updated On : 12 Jul 2019 | 10:55 PM IST

SBI cuts MCLR by five bps to 8.4% across all tenors from July 10

This is the third rate cut announced by the SBI in the current financial year

SBI cuts MCLR by five bps to 8.4% across all tenors from July 10
Updated On : 09 Jul 2019 | 9:32 PM IST