State Bank Of India Sbi
Business  /  Published 04.05.20

CIL arm gets loan to build railway line

Coal India subsidiary — South Eastern Coalfields Limited (SECL) — has received a credit support of Rs 3,976 crore from a consortium of banks, led by State Bank of India, to facilitate evacuation o...
By A Staff Reporter in Calcutta

Calcutta  /  Published 09.05.20

Property e-registration takes off in New Town

The Bengal government’s efforts to promote e-registration of property have slowly started to yield results.The government had announced a financial incentive to encourage home buyers to register the...
in Calcutta

Business  /  Published 09.05.20

Rs 411 crore loan defaulters flee country

Three promoters of Ram Dev International, recently booked by the CBI for allegedly cheating a consortium of six banks to the tune of Rs 411 crore, have already fled the country before the State Bank o...

Business  /  Published 02.06.20

Ratings axe on India Inc top guns

India Inc on Tuesday had to suffer a rash of rating downgrades by Moody’s following the rating agency downgrading the country’s sovereign rating for the first time in 22 years.Moody's Investors Se...
By Our Special Correspondent

Business  /  Published 30.05.20

Growth report frowns on data logic

A day after India reported its lowest economic growth in 40 quarters, a research report has questioned the overall data quality and volatility in the new series provided by the Central Statistics Offi...
By Our Special Correspondent in Mumbai


Business  /  Published 10.11.18

Advantage lenders in UML deal

Usha Martin Ltd will deposit the funds mobilised from the proposed sale of its steel business to Tata Sponge into an escrow account with the State Bank of India to ensure lenders are paid off first be...
By Sambit Saha in Calcutta

Bihar  /  Published 06.11.18

Armed men loot Rs 15 lakh from 2 banks in Bihar

Armed robbers looted Rs 15 lakh from two banks in Jamui and Madhubani districts on Tuesday, belying tall claims of the police that they have been patrolling in and around banks regularly.The first inc...
By Our Special Correspondent in Patna

Business  /  Published 25.08.19

Repo rate: New Kid on the block

A flurry of public sector banks have announced loan products linked to the repo rate. The repo rate is the policy lending rate at which commercial banks borrow from the Reserve Bank of India. The repo...
By Adhil Shetty

Business  /  Published 20.08.19

SBI dangles festive bait to borrowers

The State Bank of India (SBI) on Tuesday tried to usher in the festive mood by announcing attractive and cheaper loans with benefits such as a waiver in processing fees, pre-approved digital loans and...
By Our Special Correspondent in Mumbai

Business  /  Published 30.03.20

Trio fully pass on rate cut

At least three PSU banks have fully passed on the 75-basis-point cut in the repo rate announced by the RBI, setting the stage for others to follow suit.State Bank of India, Bank of India and Bank of B...
By Our Special Correspondent in Mumbai


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