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Sbi
Business  /  Published 16.06.22

Yes Bank to raise funds

Yes Bank is seeking shareholders’ nod to raise up to Rs 10,000 crore through debt instruments. “For enabling the bank to evaluate a potential fund raising at an appropriate time, the boar...
By Our Special Correspondent in Mumbai

Business  /  Published 15.06.22

SBI: deposit rates hiked

Banks have now begun to raise their deposit rates, following the Reserve Bank of India’s (RBI) hike in the repo rate last week. On Tuesday, State Bank of India (SBI) and IDBI Bank announced an u...
By Our Special Correspondent in Mumbai

Business  /  Published 14.06.22

SBI hikes lending rates

  The country's largest lender SBI has raised its deposit and lending rates following the Reserve Bank's repo rate hike last week. SBI said interest rates have been raised by 0.20 per c...
By Our Bureau, PTI in New Delhi

Business  /  Published 09.06.22

Rice support price raised by Rs 100

Paddy is the main kharif crop, the sowing of which has already begun. The meteorological department has forecast that the 2022 southwest monsoon will be normal at 99 per cent of  average. &ldquo...
By Our Special Correspondent in New Delhi

Business  /  Published 09.06.22

Yes Bank to have new board

Yes Bank has kicked off the process of forming an alternate board as it has come out of the reconstruction scheme after returning to profit in FY22 from witnessing heavy losses for two consecutive yea...
By PTI in New Delhi

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India  /  Published 03.06.22

Bank manager shot dead

Thursday’s murder prompted Congress MP Rahul Gandhi to tear into the government that had posted over 5,000 Pandit employees to Kashmir and claimed the 2019 dilution of Article 370 had restored n...
By Muzaffar Raina in Srinagar

Business  /  Published 18.05.22

Rate hike may not be the answer

Are you feeling the squeeze on your food and fuel bills? Here’s more confirmation that you are paying more for your vegetables, fruit and petrol:  India’s Wholesale Price Index hit a ...
By Paran Balakrishnan in New Delhi

Business  /  Published 14.05.22

SBI profit up 41%, misses estimate

State Bank of India (SBI) on Friday reported a 41.30 per cent increase in standalone net profit for the quarter ended March 31, 2022 on lower provisions, but it missed analyst estimates sending the sc...
By Our Special Correspondent in Mumbai

Business  /  Published 23.04.22

BoB bucks the trend

State-owned Bank of Baroda (BoB) on Friday went against the tide by reducing the home loan interest rate by a hefty 25 basis points to 6.50 per cent for a limited period. The move comes at a time some...
By Our Special Correspondent in Mumbai

Business  /  Published 19.04.22

SBI hikes base rate by 0.1%

The country's largest lender State Bank of India (SBI) has raised its marginal cost of funds based lending rate (MCLR) by 10 basis points (bps) or 0.1 per cent across all tenures, a move that will...
By Our Bureau, PTI in New Delhi


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