Search For "state bank of india sbi"
India could create 16 lakh less payrolls in FY20: SBI
Updated : 6 years, 5 months ago IST
Mumbai (Maharashtra) [India], Jan 14 (ANI): The number of new payrolls created in the current financial year 2019-20 could be at least 16 lakh lower than in the previous year, according to a report authored by Soumya Kanti Ghosh, Group Chief Economic Adviser at the State Bank of India (SBI).
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In a big relief to exporters, SBI withdraws e-BRC charges
Updated : 6 years, 6 months ago IST
New Delhi [India], Dec 22 (ANI): In what can be termed as a major relief to exporters, the State Bank of India (SBI) has decided to withdraw charges levied on the issuance of Bank Realisation Certificate (e-BRC) for the export of shipments.
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GNPA, NPA expected to come down by March 31: SBI Chairman
Updated : 6 years, 6 months ago IST
New Delhi [India], Dec 22 (ANI): State Bank of India (SBI) Chairman Rajnish Kumar on Sunday said that the gross non-performing assets (GNPA) and non-performing assets (NPA) of all the banks are expected to decline by March 31, 2020.
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Patanjali Ayurved completes acquisition of bankrupt Ruchi Soya for Rs 4,35
Updated : 6 years, 6 months ago IST
New Delhi [India], Dec 19 (ANI): Debt-ridden Ruchi Soya's resolution is complete with Yoga guru Baba Ramdev's Patanjali Ayurved depositing Rs 1,100 crore equity in a State Bank of India (SBI) escrow account to acquire the edible oil maker for Rs 4,350 crore.
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SBI, KfW sign $277 million agreement for energy efficient housing programm
Updated : 6 years, 6 months ago IST
Mumbai (Maharashtra) [India], Dec 16 (ANI): State Bank of India (SBI) said on Monday it has signed a loan agreement with KfW, the German development bank, for 277 million dollars (about Rs 1,958 crore) for establishing an energy-efficient housing programme in India.
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Assam: SBI branches at Dibrugarh, Duliajan, Moran, Naharkatia are open on
Updated : 6 years, 6 months ago IST
Guwahati (Assam) [India], Dec 14 (ANI): The branches of State Bank of India (SBI) in Dibrugarh, Duliajan, Moran, Naharkatia, and Dibrugarh branch of United Bank of India (UBI) will remain open on Sunday.
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SBI reports bad loan divergence of Rs 11,932 crore for FY19
Updated : 6 years, 7 months ago IST
Mumbai (Maharashtra) [India], Dec 10 (ANI): Government-owned State Bank of India (SBI) on Tuesday reported bad loan divergence of Rs 11,932 crore for the last financial year.
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Rs 12 crore illegally withdrawn from AIIMS' bank account
Updated : 6 years, 7 months ago IST
New Delhi [India], Nov 29 (ANI): All India Institute of Medical Sciences (AIIMS) has found itself cheated through an alleged bank fraud of about Rs 12 crore withdrawn from its two bank accounts associated with the State Bank of India (SBI), a top official said on Friday.
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SBI Q2 profit jumps by 219 pc at Rs 3,012 crore, asset quality improves
Updated : 6 years, 8 months ago IST
Mumbai (Maharashtra) [India], Oct 25 (ANI): Government-owned State Bank of India (SBI) on Friday reported a standalone net profit of Rs 3,012 crore for the July to September quarter (Q2 FY20), up 219 per cent from Rs 945 crore in the same quarter of previous fiscal.
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SBI announces repo rate as external benchmark for all floating rate loans
Updated : 6 years, 9 months ago IST
Mumbai (Maharashtra) [India], Sept 23 (ANI): The country's largest lender State Bank of India (SBI) said on Monday it has decided to adopt repo rate as the external benchmark for all floating rate loans for micro, small and medium enterprises (MSMEs), housing and retail loans.
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Current slowdown cannot be tackled by monetary policy alone: SBI report
Updated : 6 years, 9 months ago IST
Mumbai (Maharashtra) [India], Sep 16 (ANI): The country's largest lender State Bank of India (SBI) said on Monday the contemporary issue for macroeconomists is to exclusively focus on assuring adequate aggregate demand as the current slowdown cannot be tackled by monetary policy in isolation
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SBI reduces MCLR and interest rates on time deposits across all maturities
Updated : 6 years, 10 months ago IST
Mumbai (Maharashtra) [India], Sep 9 (ANI): The country's largest lender State Bank of India (SBI) on Monday announced a reduction in its marginal cost of funds-based lending rate (MCLR) by 10 basis points across all tenors.
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