Showing results for "#State Bank of India"
SBI plans to open 500 new branches in FY25
Of this, 135 new branches have already been opened till October 31, 2024, Minister of State for Finance Pankaj Chaudhary said in a written reply in...
Income disparity declines 74.2 pc since FY14: SBI study
Lower income group (less than Rs 5.5 lakh) has registered a positive growth rate for all years in last decade (except AY20 – due to Covid pandemic)
Continued selling by FPIs negatively impacted oil, gas and auto...
The first half of October saw considerable outflows, highlighting a sharp reversal from previous trends. The financial services sector was hit the...
SBI raises Rs 7,500 crore through issuance Basel III-compliant bonds
SBI said the issue attracted overwhelming response from investors with bids in excess of 3 times against the base issue size of Rs 4,000 crore.
Challa Sreenivasulu Setty takes charge as SBI chief
The chairman is appointed from a pool of serving managing directors of SBI. Usually, the senior-most managing director becomes chairman of the bank.
SBI posts marginal increase in Q1 net profit at Rs 17,035 crore
Net NPA of the bank stood at 0.57 per cent as of June 30, as against 0.71 per cent as of June 30, 2023.
SBI hikes lending rates
This is the second consecutive hike in rates by SBI after a 10 basis point hike announced in June.
Time to push divestment of state-owned banks, says SBI report
"As banks are in good condition, the government should take stance on disinvestment of PSBs," the report titled 'Prelude to Union Budget 2024-25'...
