Page 9 of State Bank Of India

HDFC merger gets RBI nod

The merged entity will be twice the size of ICICI Bank, the second largest private bank in the country, and…

July 5, 2022 06:00 IST

A year on, key post for SBI official still vacant at Jio Payments Bank

In FY21, Jio Payments Bank posted a net loss of Rs 90 crore against a net profit of Rs 50…

June 20, 2022 04:15 IST

Rs 5,000 crore credit line for Cidco’s PMAY housing

This will speed up the construction of houses under the scheme and make the dream of affordable housing come true…

June 20, 2022 02:00 IST

stocks to buy, sbi share price, banking stocks

SBI shares tank 5% so far in 2022, analysts say buy, stock may rally 35%; check target price

State Bank of India (SBI) share price has tanked 5 per cent so far this year. The stock has performed…

June 14, 2022 10:21 IST

Maruti Suzuki, SBI among 4 stocks picks for June, as much as 40% upside seen; check full list

Yes Securities has picked four stocks for the month of June that they believe could rally. These include Maruti Suzuki…

June 2, 2022 10:41 IST

Good news for SBI salary account customers! Now no need to visit branch for loan – Check details

SBI salary account holder? The State Bank of India today announced the introduction of Real Time Xpress Credit (RTXC) on…

Updated: May 23, 2022 16:11 IST

Among our preferred picks in the space; maintain Buy rating. Downside risks: Lagging loan growth and pressure on fee income impacting PPoP.

State Bank of India rating – Buy: Bank’s placed very well competitively

Loan growth was strong in Q4, NPAs improved q-o-q; ‘Buy’ retained with revised target price of Rs 600

May 17, 2022 03:30 IST

The subdued increase in PPP resulted from a muted growth in the top line. For state-owned lenders, total revenues stayed virtually flat, growing at just 0.5%, while for private sector banks, they increased by 6%.

Operating profits of lenders see muted growth in FY22; loan growth momentum likely to be maintained

Subdued increase in pre-provisioning profits resulted from a muted growth in top-line. For state-owned lenders, total revenues stayed virtually flat

May 17, 2022 01:00 IST

SBI share price jumps 3% after bank reports Q4 profit growth; brokerages bullish, shares may rally up to 51%

State Bank of India (SBI) share price jumped over 3.6% on Monday to touch an intraday high of Rs 461…

May 16, 2022 12:09 IST

SBI reports 40% jump in net profit to Rs 9,113 crore in Q4; shares jump 3%

SBI’s gross NPA for the fourth quarter stood at 3.97 per cent.

Updated: May 13, 2022 14:52 IST

Trade between India and those two countries is anyway quite small.

India-Russia payments have stabilised, greater due diligence causing delays: Ashwini Kumar Tewari, SBI managing director for international banking, technology and subsidiaries

India has been affected by that as also on the fertiliser imports front. Payment transactions with non-sanctioned Russian entities have…

May 12, 2022 01:30 IST

SBI is among a growing crop of Indian banks who are framing ESG policies amid a heightened worldwide focus on sustainability principles.

SBI firms up ESG policy, but won’t deny loans to poor scorers right away

However, the policy, which was put in place by the country’s largest lender, is not yet being used as grounds…

May 12, 2022 00:55 IST

The revised interest rates on bulk term deposits amounting to Rs 2 crore and above are effective from Tuesday, the bank said.

SBI hikes interest rates on bulk term deposits by 40-90 basis points

The public sector lender also revised interest rate on bulk term deposits maturing between 180 and 210 days by 40…

May 10, 2022 18:21 IST

Nifty may head to 16500-16350 if it stays below 16888; watch SBI, Titan, DLF for stock-specific action

Options data suggests a wider trading range between 16400 to 17000 zones due to higher volatility.

May 5, 2022 08:39 IST

Nifty short-term term trend weak, fresh pullback rally possible above 17050; Buy SBI, Lupin, BPCL stocks

For the traders now, 17050/56800 would be the immediate hurdle, below the same correction wave will persist till 16800-16700.

April 20, 2022 08:55 IST

Rising commodity prices push demand for bank loans

Growth in credit to industry recovered to 6.5% in February 2022 from 1% a year ago, RBI data showed

April 20, 2022 01:00 IST

Loans get costlier as banks hike MCLR: SBI raises MCLR by 10 BPs; BoB, Axis follow suit

The one-year MCLR at SBI now stands at 7.1%, a shade lower than the 7.25% at HDFC Bank, Punjab National…

April 19, 2022 03:10 IST

Given that the spread between g-sec yields and the repo rate tends to jump in an rising rate cycle, g-sec yields could touch 7.75% by September, according to Ghosh. “We believe RBI will keep the g-sec yields capped at 7.5% through unconventional policy measures,” he said.

Economists see repo rate hike in June as inflation prints close to 7%

Soumya Kanti Ghosh, group chief economic adviser, State Bank of India (SBI), said the Russia-Ukraine conflict has significantly impacted the…

April 14, 2022 05:15 IST

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