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State Bank Of India Sbi
Business  /  Published 01.08.20

SBI net profit jumps 81%

State Bank of India (SBI) on Friday beat analyst estimates by posting an 81 per cent growth in net profits for the quarter ended June 30 with the bottomline getting a boost from a stake sale in its li...
By Our Special Correspondent in Mumbai

Business  /  Published 31.07.20

SBI Q1 profit surges by 81% to Rs 4,189 crore

The country's largest bank SBI on Friday posted 81 per cent jump in standalone net profit to Rs 4,189.34 crore for the first quarter, aided by decline in bad loan and sale of minority stake in its...
By PTI in New Delhi

Business  /  Published 23.07.20

SBI research wing pitches to ease Basel rule

The research wing of the State Bank of India on Wednesday stressed the need to conserve capital by public sector banks and identified three measures that could enable them to save capital worth Rs 3 l...
By A Staff Reporter in Calcutta

Business  /  Published 09.07.20

ICICI board clears plan to raise Rs 15,000 crore

Two more private sector banks have joined the funds chase as they are set to mobilise at least Rs 25,000 crore to boost capital at a time bad loans are projected to rise following the Covid-19 pandemi...
By Our Special Correspondent in Mumbai

Business  /  Published 03.07.20

MSMEs need wide range of support

The government has to take more steps besides lowering the cost of credit to make Indian MSMEs competitive in the global market, according to bankers. Punjab National Bank MD and CEO S.S. Mallikarjun...
By A Staff Reporter in Calcutta

Business  /  Published 30.06.20

NPA warning after end of moratorium

The surge in equity markets is not linked to economic recovery and may be a sign of irrational exuberance, economists at the SBI said on Monday, pitching for a second round of fiscal support to help t...
By PTI in Mumbai

Jharkhand  /  Published 27.06.20

Bank transfer for Galwan Valley martyrs

State Bank of India, Ramgarh branch has completed all formalities and paperwork to transfer Rs 30 lakh each into the bank accounts of the mothers of three soldiers who were killed in a violent face-of...
By Vishvendu Jaipuriar in Hazaribagh

Business  /  Published 14.01.19

Breather for Visa Steel

The National Company Law Tribunal has granted six weeks to the promoters of Visa Steel to save the company from slipping into insolvency.NCLT Calcutta asked Visa Steel to get a clear order from Orissa...
By Sambit Saha in Calcutta

Business  /  Published 14.01.19

Resolution tailwind for Jet Airways scrip

Shares of Jet Airways soared on Monday on reports that a resolution plan for the troubled carrier could be finalised this week.On the BSE, the stock rose over 16 per cent to close at Rs 294.40 after t...
By Our Special Correspondent in Mumbai

Business  /  Published 11.01.19

Jet Airways' payment delays draw lessor ire

Crisis talks between cash-strapped Jet Airways Ltd and aircraft lessors have failed to ease a row over late payments, prompting some lessors to explore taking back the aircraft, three people familiar ...
By Reuters in Singapore


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