August 16, 2022 2:38 am
The bank also raised MCLR for loans of other maturities — shorter maturities at 7.35 per cent, six months at 7.65 per cent, two years at 7.90 per cent and three years at 8 per cent.
August 08, 2022 12:33 pm
The stock declined 3.13 per cent to Rs 514 on the BSE. At the NSE, it went lower by 3.23 per cent to Rs 513.85.
August 08, 2022 11:03 am
SBI’s net interest income (NII), or the difference between interest earned and expended, rose 13 per cent y-o-y to Rs 31,196 crore. The domestic net interest margin (NIM) fell 17 basis points (bps) sequentially to 3.23 per cent.
August 01, 2022 8:33 am
Electoral bonds are purchased anonymously by donors and are valid for 15 days from the date of issue. A debt instrument, these can be bought by donors from a bank, and the political party can then encash them.
July 25, 2022 3:17 pm
Dinesh Kumar Khara added artificial intervention for rupee does not have any long-term impact.
July 21, 2022 12:50 pm
The country's largest lender in terms of asset size and customer base plans to raise fresh Additional Tier 1 (AT1) capital up to Rs 7,000 crore, subject to the government's concurrence. Also, it plans to raise fresh Tier 2 capital of up to Rs 4,000 crore.
July 20, 2022 9:02 am
Speaking to The Indian Express, Khara said, “I think that it (intervention by central bank) really doesn’t work.... Artificial intervention does not really have any long-term impact, it can only have a temporary impact.”
July 13, 2022 5:03 am
The report says that the government should start privatisation exercises with two strong banks.
July 12, 2022 7:47 am
The accused have been identified as Ushdev International Limited and its directors-guarantors Suman Vijay Gupta and Prateek Vijay Gupta, among others.
July 10, 2022 6:51 am
The collaboration between SBI and the Karnataka Digital Economy Mission will enable startups across the state to access banking facilities, funding, credit facilities.
June 22, 2020 7:17 pm