Tag: State Bank Of India
17 Results
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SBI posts Q3 profit net profit of Rs 4,574 crore in Q3 FY21
The Net Interest Income for Q3 of FY21 increased by 3.75 per cent YoY to Rs 28,820 crore from Rs 27,779 crore reported for Q3 of FY20.
February 4, 2021 -
SBI raises Rs 2,500 crore by issuing Basel-III compliant bonds
Under call option, the bond issuer can call back the bonds before the maturity date by paying back the principal amount to investors.
November 25, 2020 -
Dinesh Khara takes charge as State Bank of India Chairman
Earlier Khara was also the MD and CEO of SBI Funds Management Pvt Ltd (SBIMF).
October 7, 2020 -
Govt committed to safety of bankers: Finmin
Earlier in June, a police constable in Surat, Gujarat allegedly manhandled a female employee of Canara Bank.
September 4, 2020 -
Banks cannot be reckless in lending and repeat mistakes of the past, says SBI MD Arijit Basu
Basu said the banking system has understood the need to be prudential and the necessity to have risk-mitigation measures in place.
September 2, 2020 -
India’s GDP to contract 16.5% in Apr-June quarter: SBI report
So far, around 1,000 listed entities have announced their results for the first quarter.
August 17, 2020 -
SBI donates dresses to 1,000 Covid-19 patients
The amount spent on its expenditure was provided under initiative called ‘Streedhan’, wherein the contributions were made by spouses of SBI staff/ladies of SBI family to SBI Foundation.
August 4, 2020 -
SBI Q1 results: Profit jumps 81% to Rs 4,189 crore as bad loans decline
In June 2020, SBI sold 2.1 per cent equity stake in SBI Life Insurance Company via offer for sale route and raised Rs 1,539.73 crore.
July 31, 2020 -
Fitch revises outlook of SBI, 8 other banks to negative
SBI is 57.9 per cent state-owned and has a much broader policy role than peers.
June 22, 2020 -
Govt’s stimulus package will dent the fiscal deficit by Rs 1.29 lakh cr: SBI Report
The Centre and States should, however, work in tandem to achieve these objectives within the mandate of overall labour welfare, the report stressed.
May 15, 2020 -
Facing extradition, Vijay Mallya asks govt to take all his money and close case
Vijay Mallya said he had offered to pay 100 per cent of the amount borrowed by Kingfisher Airlines to the banks but neither banks were willing to take the money nor the Enforcement Directorate was willing to release his attached assets at the behest of the banks.
May 14, 2020 -
COVID-19: Difficult to take medium, long-term views of the situation, says SBI official
The bank is reaching out to customers who are having an impaired cash-flow so that they can be helped further.
May 2, 2020 -
Yes Bank allots shares to SBI, 7 private banks
IDFC First Bank is the latest to enter the SBI-led rescue team with an investment of Rs 250 crore.
March 15, 2020 -
Indian banks have adequate capital, no reason for worry: CEA
He also noted that ratio of deposit to M-CAP (market capitalisaion) is not the correct instrument for assessing the safety of banks and instead Capital to Risk (Weighted) Assets Ratio (CRAR) should be gauged.
March 8, 2020 -
SBI slashes lending rates, loans to get cheaper
This is the seventh consecutive cut in borrowing rates by the bank in FY 2019-20.
November 8, 2019 -
Downturn and divinity
Statistics in public domain suggest that non-metros are driving 60 per cent of the increased festival shopping, which explains the aggressive spends on digital media platforms.
September 26, 2019 -
Thieves fail to break open Siliguri ATM
Sources said there were 833 ATMs of both nationalised and private banks in Siliguri and most of the counters of nationalised banks did not have security guards.
September 5, 2019