Search For "sbi"
SBI shares slump 2.4 per cent on disappointing Q1 earnings
Updated : 3 years, 7 months ago IST
Mumbai (Maharashtra) [India], August 8 (ANI): The share price of State Bank of India (SBI) slumped on Monday after the country's largest lender announced 7 per cent decline in its standalone net profit for the quarter ended June 30, 2022.
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Home loans growing much faster in Tier 3, 4 districts, shows SBI Research
Updated : 3 years, 7 months ago IST
New Delhi [India], August 8 (ANI): Home loan portfolios in tier 3 and tier 4 districts are growing at a much faster rate than tier 1 and tier 2 districts post-pandemic, a study conducted by SBI Research showed.
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SBI standalone net profit falls 7 per cent to Rs 6,068 crore
Updated : 3 years, 7 months ago IST
Mumbai (Maharashtra) [India], August 6 (ANI): The country's largest lender State Bank of India (SBI) on Saturday reported a standalone net profit of Rs 6,068 crore for the first quarter of the current financial year as compared to Rs 6,504 crore recorded in the corresponding period of the la
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India's 2022-23 fiscal deficit may come at 6.5 pc, says SBI Research
Updated : 3 years, 7 months ago IST
New Delhi [India], August 5 (ANI): India's fiscal deficit, the difference between revenue and expenditure, is expected to be around 6.5 per cent of gross domestic product, against the Budget estimate of 6.4 per cent, SBI Research said in its weekly report.
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Credit growth to MSME sector firm in 2022-23: SBI Research report
Updated : 3 years, 7 months ago IST
New Delhi [India], July 31 (ANI): Credit growth to the Ministry of Micro, Small & Medium Enterprises (MSME) sector has expanded by Rs 52,800 crores in the current financial year as against degrowth of Rs 61,000 crore during a similar period of the previous year, SBI Research said in its
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SBI contributes Rs 4.70 crore to Army Central Welfare Fund
Updated : 3 years, 8 months ago IST
New Delhi [India], July 20 (ANI): Endeavoring to support the Armed Forces, the State Bank of India (SBI), country's largest lender, has contributed Rs 4.70 crores to Army Central Fund.
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Sensex, Nifty witness volatile session; Tata Steel, SBI, RIL rise
Updated : 3 years, 8 months ago IST
Mumbai (Maharashtra) [India], July 19 (ANI): The Indian stock market's key indices, Sensex and Nifty, witnessed volatile trading on Tuesday as gains in energy and infra stocks offset the losses in IT and FMCG scrips.
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Farmers' income doubled for certain crops in past 5 years, shows SBI study
Updated : 3 years, 8 months ago IST
New Delhi [India], July 19 (ANI): Incomes of farmers have doubled for certain crops in some states from 2017-18 to 2021-22, a study conducted by SBI Research showed.
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SBI hikes lending rates by 10 basis points
Updated : 3 years, 8 months ago IST
New Delhi [India], July 14 (ANI): The country's largest lender State Bank of India has decided to increase its marginal cost of lending rate (MCLR) on loans by 10 basis points or 0.10 per cent effective from July 15, 2022.
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India's inflation could dip to 5 pc by March: SBI Research Report
Updated : 3 years, 8 months ago IST
New Delhi [India], July 14 (ANI): There is only 20-30 per cent likelihood of a global recession and chances of prolonged stagflation in the economy seem more, according to State Bank of India research report Ecowrap's latest edition, which has projected that India's inflation rate is expecte
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India's first dedicated branch for Startups to come up in Bengaluru
Updated : 3 years, 8 months ago IST
Bengaluru (Karnataka) [India], July 8 (ANI): State Bank of India (SBI) and Karnataka Digital Economy Mission (KDEM) on Friday signed a Memorandum of Understanding (MoU), which would enable SBI to open the country's first dedicated branch for startups.
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RBI should internationalise Indian currency rupee, says SBI Research
Updated : 3 years, 8 months ago IST
New Delhi [India], July 8 (ANI): The Reserve Bank of India (RBI) should make a conscious effort to internationalise the Indian currency rupee amid disruptions in payments caused by the ongoing Russia-Ukraine war, said SBI Research in a report on Thursday.
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