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SBI

NCLT reserves order on Bhushan Steel bankruptcy petition

The National Company Law Tribunal (NCLT) on Wednesday reserved its order over the bankruptcy petition filed by the country's largest lender SBI against Bhushan steel Ltd.

SBI launches 'SBI Realty' portal for home buyers

SBI launches 'SBI Realty' portal for home buyers

India's largest commercial bank SBI on Tuesday said it has launched a dedicated portal 'SBI Realty' that will help home buyers to choose flats from its 3,000 approved projects across the country.

India home to 50 of the world’s 2,000 powerful companies, no Indian firm in top 100: Forbes

India home to 50 of the world’s 2,000 powerful companies, no Indian firm in top 100: Forbes

Mukesh Ambani-led Reliance Industries leads the pack of 50 Indian companies in the 2017 Forbes ‘Global 2000’ list.

 

SBI reduces NEFT, RTGS charges up to 75%

SBI reduces NEFT, RTGS charges up to 75%

After lowering the Immediate Payment Service (IMPS) charges, the State Bank of India (SBI) on Thursday reduced charges for National Electronic Funds Transfer (NEFT) and Real Time Gross Settlement (RTGS) transactions upto 75 percent effective July 15.

SBI revises IMPS fund transfer charges- know details here

SBI revises IMPS fund transfer charges- know details here

Country's largest bank SBI has waived charges for fund transfer of up to Rs 1,000 through its IMPS (Immediate Payment Service) to promote small transactions.

In India NPA is viewed as criminal: Bhattacharya

With the Indian banking industry bearing the brunt of huge NPAs waiting for resolution, State Bank of India (SBI) chairman Arundhati Bhattacharya on Tuesday said that NPA is treated as criminal in the country.

SBI in Nepal launches digital village

SBI in Nepal launches digital village

The State Bank of India has launched a digital village initiative in Nepal by installing a cash recycling centre.

SBI moves NCLT, files insolvency against Electrosteel

SBI moves NCLT, files insolvency against Electrosteel

SBI has initiated insolvency proceedings before NCLT against Kolkata- based Electrosteel Steels to recover Rs 10,000 crore in loans as bankers tighten screws on big corporate defaulters.

India to take corrective steps to ensure telecoms growth

India to take corrective steps to ensure telecoms growth

India`s telecoms minister said on Thursday that the government would take corrective steps to ensure growth in the sector, the world`s second-biggest by number of users, amid worries about financial stress.

No assurance on write-offs due to merger: SBI

No assurance on write-offs due to merger: SBI

The country's largest lender SBI has said write-downs or write-offs on account of the merger of five associates cannot be entirely ruled out.

QIP credit positive for SBI, removes dependence on govt: Moody's

QIP credit positive for SBI, removes dependence on govt: Moody's

In a report, the US-based agency said any capital infusion from the government will further strengthen the bank's capitalisation.

SBI reduces home loan interest rates by 0.10% for above Rs 75 lakh

SBI reduces home loan interest rates by 0.10% for above Rs 75 lakh

The State Bank of India (SBI) on Friday announced reduction in home loan interest rates by 10 basis points (bps) for salaried women who take a loan of above Rs 75 lakh, effective from June 15.

SBI raises Rs 15,000 cr from QIP

SBI raises Rs 15,000 cr from QIP

India`s largest bank State Bank of India (SBI) has successfully completed raising of Rs 15,000 crore from qualified institutional placement (QIP), a top bank official said on Friday.

SBI raises Rs 15,000 crore through QIP

SBI raises Rs 15,000 crore through QIP

Country's largest lender SBI on Thursday said it has raised Rs 15,000 crore by selling 52.2 crore shares through qualified institutional placement (QIP), the largest share sale in the secondary market by a bank.

SBI says 'future ready' with transaction speed of 15,000 per sec

SBI says 'future ready' with transaction speed of 15,000 per sec

SBI has attained the speed of 15,000 transactions per second as against the current utilisation of only 4,600/second, and is "future ready", the country's largest lender told its shareholders.

PSBs plan to mobilise Rs 58,000 crore from capital markets this fiscal

PSBs plan to mobilise Rs 58,000 crore from capital markets this fiscal

Public sector banks, including SBI, Bank of Baroda and IDBI Bank, plan to raise Rs 58,000 crore through equity dilution during the current fiscal to meet Basel-III norms and clean up their balance sheets.

RBI policy, macro data, monsoon to guide markets

RBI policy, macro data, monsoon to guide markets

RBI's monetary policy review, key macroeconomic data and progress of monsoon rains would influence market sentiment this week, say experts.

SBI new rule comes into effect – Know about revised service charges on ATM withdrawal, online transaction and more

SBI new rule comes into effect – Know about revised service charges on ATM withdrawal, online transaction and more

The State Bank of India (SBI) has made revision in service charges,additions/ modifications on various banking activity like ATM withdrawal, online transaction, issue of cheque book.

Vijay Mallya- owned Kingfisher House auction fails for 5th time

Vijay Mallya- owned Kingfisher House auction fails for 5th time

Mallya has been declared a wilful defaulter and is wanted by Indian authorities for default in payment of loans related to Kingfisher Airlines that was grounded in 2012.

SBI extends date of filing nomination for directors to May 29

SBI extends date of filing nomination for directors to May 29

As per the original schedule, the last date for the submission of application was today.