Public sector banks’ cumulative profit rises to record level of Rs 1.78 lakh crore in FY25
The year-on-year increase in profit in absolute terms rose by about Rs 37,100 crore in FY25.
The year-on-year increase in profit in absolute terms rose by about Rs 37,100 crore in FY25.
With the RBI’s 50 basis points cumulative reduction in policy rates since February this year, transmission of the rate cut by banks is expected in the coming quarters, according to an SBI report.
Tata Capital, the financial services arm of Tata Sons, has appointed around 10 investment banks to manage its initial public offering (IPO), which is scheduled this year, it has been announced.
A seminar on Banking System and the Utility of Translation, and Hindi Computing Tools & Kanthasth-2.0 was organised under the joint aegis of SBI, LHO and TOLIC (Bank), Kolkata on Wednesday.
The combined market value of seven out of the top ten most valued companies in India increased by Rs 2,10,254.96 crore last week.
The scheme’s feature includes Term Insurance of up to Rs 50 lakh on SIPs.
Chief General Manager of SBI New Delhi Circle Vijuy Ronjan along with other senior officials and esteemed customers of the branch were also present on the occasion.
SBI believes that it is important to offer better rates to customers displaying good repayment history.
Country’s largest lender, the State Bank of India (SBI) on Thursday said it has concluded the issuance of $600 million…
The peer-to-peer (P2P) payment feature is available now in 10 Indian regional language versions of WhatsApp.
