Search For "bank of india"
SBI inaugurates its fourth startup-focused branch in Mumbai
Updated : 3 years, 2 months ago IST
The State Bank of India (SBI) inaugurated its fourth startup-focused branch in Mumbai to provide all the necessary banking services under one roof. SBI chairman Dinesh Khara inaugurated the branch at the Bandra Kurla Complex.
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SBI Securities registers 32 pc growth in net profit in 2022-23
Updated : 3 years, 2 months ago IST
SBI Securities, the trading and investment arm of the State Bank of India, on Monday, released its annual financial results for the just concluded financial year 2022-23.
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Repo rate likely to be on hold, cuts expected in early 2024: Morgan Stanle
Updated : 3 years, 2 months ago IST
The Reserve Bank of India is likely to keep the repo rate on hold for now as inflation figures seem to be under control and any reduction in the key interest rate is expected only in the early part of 2024, Morgan Stanley said in a report.
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India's forex reserves rise by USD 1.657 bn, reach 9-month high
Updated : 3 years, 2 months ago IST
According to the weekly statistical supplement of Reserve Bank of India released on Friday evening, gold reserves of the country declined by USD 521 million to USD 46.125 billion.
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Sitharaman highlights ANI tweet showing elderly walking barefoot to SBI br
Updated : 3 years, 2 months ago IST
The plight of the woman was first highlighted by ANI on Thursday in a tweet embedded with a clipping, showing the elderly walking barefoot for kilometres to get to the branch for collecting her old-age pension.
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India, Bangladesh agree to settle bilateral trade transactions in rupee, t
Updated : 3 years, 2 months ago IST
In order to facilitate cross-country transactions, Sonali Bank and Eastern Bank will open accounts in the State Bank of India and ICICI Bank. The two Indian banks will also open similar accounts in the two Bangladeshi banks, as per the news report.
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India-UK 2nd Financial Markets Dialogue: G20 Roadmap for cross-border paym
Updated : 3 years, 2 months ago IST
At the meeting, UK and Indian participants provided updates on recent developments in their respective banking sectors, discussing banking trends and emerging vulnerabilities and risks in the sector. The scope for augmenting knowledge of Central Banking Digital Currency (CBDC) through mut
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SBI moves application in SC seeking clarifications on judgment on fraud cl
Updated : 3 years, 2 months ago IST
State Bank of India in its application, has sought clarification of the top court's judgment dated March 27 and that the banks can decide the time frame of adjudication depending upon the urgency of the matter.
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FM Sitharaman calls for timely debt restructuring to counter global debt c
Updated : 3 years, 3 months ago IST
Sitharaman said this on the first day of the second G20 Finance Ministers and Central Bank Governors meeting held in Washington DC, which she co-chaired with Reserve Bank of India's Governor Shaktikanta Das.
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Does Repo Rate pause mean good times for the real estate sector?
Updated : 3 years, 3 months ago IST
Delhi NCR [India], April 10 (ANI/NewsVoir): The Reserve Bank of India (RBI) declared that the repo rate, which remains at 6.5% from the most recent review meeting, has not changed for the first time in the previous 12 months. The RBI has kept the repo rate at its current level. The real esta
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Unchanged interest rate by RBI a boon for housing sector: Anarock
Updated : 3 years, 3 months ago IST
The pause in interest rates by the Reserve Bank of India (RBI) is positive for the real estate market, which faced headwinds amid layoffs by large corporates globally, said real estate consultancy firm Anarock.
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SBI records steepest market cap fall in Asia Pacific during Jan-Mar quarte
Updated : 3 years, 3 months ago IST
State Bank of India, India's biggest lender by assets, recorded the largest decline in market capitalization among the top 20 banks in the Asia Pacific region in the first quarter of 2023 (January-March), according to data compiled by S&P Global Market Intelligence.
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