Thursday, December 2, 2021

SBI

Harish Rao inaugurates SBI’s new regional office in Siddipet

Speaking on the occasion, the Finance Minister lauded the bank’s role in extending loans to government-funded bank-linkage schemes

SBI opens Cyberabad Administrative Office

Cyberabad module will have four regional business offices with around 180 branches.

SBI economists cut FY22 GDP growth estimate to 7.9%

Official data released on Monday said the economy grew at faster than expected at 1.6 per cent for the fourth quarter of FY21, resulting in a contraction of 7.3 per cent for the entire fiscal.

PSBs to offer loans up to Rs 5 lakh for Covid-19 treatment

The PSB will be providing loan under the Emergency Credit Line Guarantee Scheme (ECLGS).

Hyderabad: SBI donates 10 oxygen concentrators

Bank is extending support to identified organizations who are setting up makeshift hospitals/ COVID-19 care centres.

India’s GDP to grow at 1.3% in March quarter: SBI report

State Bank of India (SBI) has developed a 'nowcasting model' with 41 high-frequency indicators associated with industry activity, service activity, and global economy.

SBI Q4 profit jumps 80 per cent to Rs 6,451 crore

During the quarter under review, net interest income rose 19 per cent to Rs 27,067 crore, from Rs 22,767 crore in the same period a year ago.

State Bank of India shares jump 5%; m-cap climbs Rs 14,771 cr

The company's market valuation zoomed Rs 14,771.17 crore to Rs 3,57,966.17 crore on the BSE.

SBI to sell three NPA accounts next month for recovery of over Rs 235 cr

Heavy Metal has outstanding dues of Rs 116.91 crore to the bank, Khare and Tarkunde owes Rs 99.84 crore and Elize International Rs 18.57 crore.

SBI, Capgemini donate funds to fight Covid

SBI dedicated Rs 30 crore to set up 1,000 bed makeshift hospitals, 250 bed ICU facilities and 1,000 bed isolation facilities across some of the worst-hit States

SBI allocates Rs 71 crore for fight against Covid-19 second wave

Besides, Rs 10 crore will be used to supplement the government's effort in genome sequencing.

SBI cuts home loan interest rate to 6.70%

Customers also apply for a loan through YONO app and get an additional interest concession of 5 basis points, the release said.

Editorial: India’s recovery derails

Rising unemployment and plunging demand have once again turned the spotlight on the gloomy urban economy

SBI collects Rs 300 cr from zero balance accounts for certain services in 5-yr: Study

India's second-largest public sector lender Punjab National Bank, which has 3.9 crore BSBD accounts, collected Rs 9.9 crore during the same period.

M-cap of eight of top-10 valued firms zoom Rs 1.94 lakh cr

RIL added Rs 60,034.51 crore to take its valuation to Rs 13,81,078.86 crore

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