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State Bank Of India Sbi
Business  /  Published 08.11.19

SBI cuts lending rates

The State Bank of India on Friday reduced its lending rate by 5 basis points across all tenors, effective from November 10.The one-year MCLR, to which most of its loan prices are linked, will come dow...
By PTI in Mumbai

Business  /  Published 31.01.20

Stellar SBI report card

State Bank of India (SBI) on Friday reported better-than-expected numbers for the December quarter because of a fall in provisions for bad loans, while asset quality also showed an improvement.The cou...
By Our Special Correspondent in Mumbai

Business  /  Published 09.03.19

SBI links pricing of loans, deposits to repo rate

In a late-evening statement, the lender said savings bank deposits with balances of over Rs one lakh will be linked to the repo rate. It currently offers an interest rate of 3.50 per cent on such depo...
By Our Special Correspondent in Mumbai

Business  /  Published 23.01.20

SBI sees Yes Bank revival

State Bank of India (SBI) chairman Rajnish Kumar on Thursday said “some solutions will emerge” to stabilise Yes Bank, which has been facing difficulties in raising capital.Kumar’s comments come ...
By Our Special Correspondent in Mumbai

Business  /  Published 25.02.19

SBI weighs tribunal route for Jet Airways

To recover its loans from Jet Airways, state-run lender SBI is considering moving the National Company Law Tribunal (NCLT) as it feels the airline is running out of funds for operations even as share...
By PTI in New Delhi

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Business  /  Published 29.06.19

Asian Colour lenders clear JSW bid

Lenders of Asian Colour Coated Ispat Ltd (ACCIL) have approved the JSW group’s Rs 1,550-crore bid to acquire the debt-ridden steel firm, sources said. ACCIL went into insolvency in July last year af...
By PTI in New Delhi

Business  /  Published 17.06.19

Jet lands in bankruptcy court

Lenders led by the State Bank of India (SBI) on Monday finally decided to start bankruptcy proceedings against Jet Airways as their last attempt to find a resolution for the grounded carrier, which o...
By Our Special Correspondent in Mumbai

Business  /  Published 07.03.20

SBI plans to invest Rs 10000cr in Yes Bank

State Bank of India (SBI) chairman Rajnish Kumar on Saturday said the total investment by the PSU lender in Yes Bank will not exceed Rs 10,000 crore even as it has received queries from multiple inves...
By Our Special Correspondent in Mumbai

Business  /  Published 05.12.19

Corporate lending witnessing lack of demand: SBI

State Bank of India (SBI), the country's largest lender, on Thursday said it is witnessing a lack of demand for corporate loans, a category where growth is also 'muted'.Retail lending, however, is gro...
By PTI in Kolkata

Business  /  Published 29.11.19

Sensex tumbles 336 points

Market benchmark BSE Sensex tumbled 336 points on Friday as investors turned jittery ahead of GDP data release, snapping its two-day record-setting streak.After plummeting 466 points during the sessio...
By PTI in Mumbai


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