Page 5 - Sbi

Hero Electric ties up with State Bank of India for retail finance

The customers can now ride home their favourite company scooter at the lowest interest rates across India for a hassle-free experience, Hero Electric said in a statement

SBI-backed Cashfree Payments records 48% growth in net profit to in FY21

Last year, banking giant SBI was reported to have invested an undisclosed sum in the fintech start-up at a valuation of $200 million

Analysts see up to 41% upside in SBI, BoB; credit growth to be key driver

Shares of State Bank of India (SBI) and Bank of Baroda (BoB) jumped 3 per cent and 9.7 per cent, respectively, in intra-day trade on Monday, and hit fresh record highs of Rs 547 and Rs 117 apiece

SBI YONO leads neobanking club with 54 million monthly active users

According to SBI's assessment, YONO is valued at around $40 billion but analysts say that it would have surpassed or hit $50 billion in 2021.

Sensex dips 1,024 pts amid rising oil price, FII selling; Nifty holds 17200

FIIs' favorite names and heavyweights like HDFC twins, ICICI Bank, Infosys, Kotak Bank, and Reliance Industries saw sharp cuts

SBI lines up 6 NPA accounts for sale to ARCs to recover dues of Rs 406 cr

The interested ARCs/banks/NBFCs/FIs can conduct due diligence of these assets with immediate effect

News updates: RBI postpones MPC meet by a day to February 8

Live news updates: A recipient of the Dadasaheb Phalke award in 1989, Mangeshkar recorded songs for over a thousand Hindi films.

SBI Q3 net profit jumps 62% to Rs 8,432 cr, asset quality improves

Lender posts highest quarterly profit in Q3FY22, sees improvement in interest margins

SBI Q3 results: Net profit surges 62% to Rs 8,432 cr on lower provisions

The bank's gross bad loan ratio, a measure of asset quality, fell to 4.5% from 4.90% a quarter earlier

CCI penalises 7 entities for bid-rigging in tender related to SBI signage

Besides imposing fines totalling over Rs 1.29 crore on the 7 entiites and 9 officials, they have also been directed to cease and desist from indulging in anti-competitive practices

SBI, Bank of Baroda to report Q3 results on Saturday; here's what to expect

According to analysts, SBI can see continued traction in their operating performance, supported by modest business growth, while BoB may see a weak Q3 earnings show

Nifty PSU Bank index soars 12% in four days; SBI nears record high

Canara Bank hit a 52-week high of Rs 252.80, after rallying 6% in intra-day trade and 21% in the past four trading days.

SBI keeps revised recruitment rules for pregnant women in abeyance

SBI had put in place new rules wherein a woman candidate with more than three months pregnancy will be considered 'temporarily unfit' and can join the bank within four months after delivery

DCW issues notice to SBI, seeks withdrawal of guidelines for pregnant women

The Delhi Commission for Women issued a notice to State Bank of India seeking withdrawal of the guideline that prevents women who are over three months pregnant, from joining service

Rs 50,000 crore of NPAs may be transferred to NARCL in FY22

Overall, 38 accounts worth Rs 83,000 crore identified: SBI chairman

SBI lists maiden issue of $300-mn Formosa bonds on India INX

'First successful issuance of Formosa Bond by any Indian commercial bank, is a testimony of the confidence reposed by the overseas investors into India's growth story and also in SBI,' says chairman

Nandish Shah recommends a Bull spread on SBI for February series

According to Nandish Shah, the short term trend is bullish as the stock price is closed above all important short- term moving averages.

PNB, SBI: Here's why Mehul Kothari is bullish on these banking stocks

According to Mehul Kothari, traders can buy PNB on dips near the 40-mark with a stop loss of 36 for upside target of 48 in 3 - 5 weeks.

SBI Cards net profit rises 84% to Rs 386 crore in December quarter

Its interest income rose by 9 per cent year-on-year to Rs 1,273 crore

Economy needs nursing; Budget shouldn't focus on fiscal consolidation: SBI

House economists at the nation's largest lender State Bank of India (SBI) have urged the government to budget for nursing the pandemic-ravaged economy and not to focus too much on fiscal consolidation