SBI

SBI launches initiative to speed up home loan applications

SBI's initiative known as 'Project Tatkal' will help get the loan within 10 days after receipt of application form and relevant supporting documents, the bank said in a release.

State Bank of India

Top 9 Sensex companies add Rs 92,341 cr in market cap; Reliance Industries shines

The market valuation of Reliance Industries surged Rs 34,743.16 crore to Rs 3,22,511.06 crore, emerging as the biggest gainer among the top-10 firms. TCS, ONGC, HDFC Bank, ITC, Infosys, Sun Pharma, SBI and HDFC also saw a ris

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SBI slashes base rate by 0.15% to 9.70 per cent; EMIs to come down

SBI reduced its base rate or minimum lending rate to 9.70 per cent from 9.85 per cent effective June 8.

State Bank of India

SBI Q4 profit up 23% at Rs 3,742 cr on improved asset quality

SBI's total income of the bank also increased to Rs 48,616.41 crore in the last quarter of FY15, from Rs 42,443.27 crore in the same quarter a year ago.

State bank of india

Manufacturing sector sees moderate growth in May: SBI Monthly Composite Index

India's manufacturing sector witnessed a modest growth in May, but going ahead "weak demand conditions" may persist, according to SBI Monthly Composite Index.

State Bank of India

ITC, SBI earning numbers to guide market

This week major companies like Tata Power, Tata Steel, Bajaj Auto, ITC, SBI and DLF will announce quarterly results.

asian markets

Top seven companies add Rs 34,645.72 crore in market valuation

While ONGC, HDFC Bank, CIL, Sun Pharmaceutical, Infosys, SBI and HDFC saw rise in their market capitalisation (m-cap), TCS, RIL and ITC suffered losses.

financial market india

Factory growth hits 9 month high on rising consumption demand

IIP had declined by 2% in year-ago period.

Indian factory output growth

RBI, banks not on the same page on base rate calculation

Faced with tardy transmission of policy rate cuts, the Reserve Bank of India has now proposed that banks adopt a marginal...

bihar govt, bihar latest, bihar and RBI, RBI and other banks in Bihar, bihar banks, Abdul Bari Siddiqui

Australian insurer IAG to raise stake in SBI General to 49%

Within days of Parliament clearing the Insurance Bill, Insurance Australia Group (IAG) has decided to increase its stake in SBI's general insurance arm from 26 per cent to 49 per cent.

State Bank of India

Sun Pharma overtakes SBI in m-cap

Pharma major becomes India’s eighth most valuable company with mkt cap of Rs 2.15 lakh cr

SBI sells only 130 properties in e-auction of 300 assets, collects Rs 100 crore

Fighting a long battle to contain bad loans, SBI is disposing distressed properties through e-auction.

SBI Q4 shares

SBI scotches reports of scrapping $1 bn loan pact with Adani Group; Arundhati Bhattacharya says ‘it’s all gossip’

There have been news reports from Singapore citing sources that SBI is preparing to scrap loan agreement it had signed with Adani Group last November.

Adani group

State Bank of India aims to cut bad debt with record online property auction this weekend

State Bank of India (SBI) will hold an online auction to sell repossessed flats, warehouses and offices worth a total of nearly $200 million.

State Bank of India

Narendra Modi govt allows 7 PSBs to raise funds from markets

The move comes soon after the Union Cabinet had, in December last year, allowed PSBs to raise funds from markets by diluting Centre’s holding to 52 per cent.

State Bank of India

Contactless cards are the next step in the credit card revolution: SBI Card chief

SBI Card is a joint venture between State Bank of India and GE Capital to offer Indian consumers extensive access to a wide range of payment products and services.

ONGC Videsh

SBI Composite Index for February 2015 shows moderate growth to 52.9

The yearly SBI Composite Index for February 2015 inched up to 52.9 (Moderate growth) from 52.1 (Moderate growth) in January 2015, a 2 month high.

State Bank of India

State Bank of India Q3 net profit jumps 30 pct to Rs 2,910 cr; asset quality improves

SBI's net NPAs in the quarter under review fell to 2.8 per cent from 3.24 per cent during corresponding quarter.

State bank of india

GDP revisions create more queries than answers: SBI research

The shift in GDP computation by the Central Statistics Office raises more questions than the solutions...

GDP growth

Reliance Industries applies for payments bank licence; SBI to take up to 30 pct stake

Reliance Industries and SBI put in a joint application to RBI to set up a payment bank that can offer services such as remittances and deposits but not loans.

Mukesh Ambani, Reliance Industries

Vibrant Gujarat Summit: SBI chief Arundhati Bhattacharya calls for ‘innovative’ lending to contain NPAs

With non-performing assets from large corporates at worryingly high levels, State Bank of India Chairperson Arundhati Bhattacharya...

SBI, SBI chief, SBI lending rates, Arundhati Bhattacharya, Arundhati Bhattacharya innovative lending

SBI witnesses 46% rise in mobile banking in 2014

State Bank of India (SBI) has witnessed a 46% surge in the mobile-banking space in the 2014, said the bank...

Stocks that lagged stellar 2014 rally

Nearly half of Nifty constituents, including oil & gas major RIL, underperformed the index

SBI Pinkathon Mumbai leg sees 10,000 participants

SBI Pinkathon, Empowering Indian Women, an initiative to promote women’s health and breast cancer awareness...

Bank of Maharashtra lowers base rate by 15 bps to 10.25%

Bank of Maharashtra on Thursday cut base rate by 15 basis points to 10.25%.

Austerity drive may hit Air India’s bailout

National carrier Air India received equity infusion of Rs 4,800 crore from the government between April and October...

Air India, air india flight, emergency landing, Newark Liberty International Airport

Bankers hint at happy new year on rate front

Say loan rates may trend down in Q1CY15 after RBI signals shift in policy stance

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