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SBI Life Insurance Q4 net profit up 16 pc to Rs 531 crore
Updated : 5 years, 10 months ago IST
Mumbai (Maharashtra) [India], May 5 (ANI): SBI Life Insurance on Tuesday posted 16 per cent increase in its net profit for the fourth quarter (January to March) of fiscal 2019-20 at Rs 531 crore as against Rs 458 crore in the year-ago period.
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SBI research unit puts loss of Rs 12.1 lakh crore due to COVID-19 lockdown
Updated : 5 years, 11 months ago IST
Mumbai (Maharashtra) [India], Apr 16 (ANI): With the COVID-19 lockdown being extended till May 3 and simultaneously government providing some relaxations from April 20, a report by State Bank of India's economic research department on Thursday estimated the overall loss for FY21 at Rs 12.
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SBI employees pledge Rs 100 crore to PM-CARES Fund
Updated : 5 years, 11 months ago IST
Mumbai (Maharashtra) [India], Mar 31 (ANI): In the fight against COVID-19, nearly 2.56 lakh employees of State Bank of India (SBI) have decided to contribute two days of their salary to the PM CARES Fund.
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Cyril Amarchand Mangaldas advises the lead managers on the SBI Cards IPO
Updated : 6 years ago IST
Mumbai (Maharashtra)/New Delhi [India], Mar 17 (ANI/NewsVoir): India's largest law firm Cyril Amarchand Mangaldas advised in relation to the Rs 10,341 crore IPO of SBI Cards and Payments Limited (SBI Cards) which is one of the biggest IPOs in the history of Indian capital markets.
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Yes Bank normal operations from tomorrow, ATMs full of cash: Kumar
Updated : 6 years ago IST
Mumbai (Maharashtra) [India], Mar 17 (ANI): Yes Bank will resume normal operations from 6 pm on March 18 and it has no liquidity problem, Administrator of the troubled private sector lender Prashant Kumar said on Tuesday.
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COVID-19 may adversely affect output and prices: SBI Ecowrap
Updated : 6 years ago IST
Mumbai (Maharashtra) [India], Mar 17 (ANI): The nearly 30 per cent fall in global crude oil prices can lower petrol prices by Rs 12 per litre and diesel prices by Rs 10 per litre in India from their present prices, said State Bank of India (SBI) research team's publication Ecowrap published
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SBI chairman welcomes RBI move on Yes Bank
Updated : 6 years ago IST
Mumbai (Maharashtra) [India], Mar 16 (ANI): State Bank of India (SBI) chairman Rajnish Kumar on Monday welcomed the "statements" of Reserve Bank of India (RBI) on Yes Bank, saying the move will reassure the market further.
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SBI Cards lists 12 pc below issue price of Rs 755 but recovers later
Updated : 6 years ago IST
Mumbai (Maharashtra) [India], Mar 16 (ANI): The shares of SBI Cards and Payment Services listed at Rs 661 on Monday, 12.45 per cent below its issue price of Rs 755, as the uncertainty regarding the fallout of coronavirus epidemic continued to keep investor sentiment in check.
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Cabinet approves reconstruction scheme for crisis-hit Yes Bank
Updated : 6 years ago IST
New Delhi [India], Mar 13 (ANI): The Union Cabinet on Friday approved reconstruction scheme for private sector lender Yes Bank as proposed by the Reserve Bank of India (RBI) and the moratorium will be lifted within three days after the notification is issued.
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SBI to buy 725 crore Yes Bank shares at Rs 10 apiece
Updated : 6 years ago IST
Mumbai (Maharashtra) [India], Mar 12 (ANI): State Bank of India said on Thursday it will buy 725 crore shares of Yes Bank at the price of Rs 10 per share, subject to regulatory approvals.
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Monthly balance maintenance waived off on 44.51 crore SBI savings bank acc
Updated : 6 years ago IST
Mumbai (Maharashtra) [India], Mar 12 (ANI): State Bank of India (SBI) announced on Thursday that it has decided to waive maintenance of Average Monthly Balance (AMB) for all savings accounts.
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SBI reduces MCLR by 10 to 15 basis points across all tenors
Updated : 6 years ago IST
Mumbai (Maharashtra) [India], Mar 11 (ANI): The country's largest lender State Bank of India (SBI) on Wednesday announced a reduction in its marginal cost of funds-based lending rate (MCLR) by 10 to 15 basis points across all tenors.
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