State Bank of India (SBI) on Wednesday raised Rs 10,000 crore at a coupon rate of 7.81 percent through its first Basel III compliant Tier 2 Bond for the current financial year.
India's largest commercial bank, the State Bank of India (SBI) has announced its collaboration with cricketing legend Mahendra Singh Dhoni, naming him as the bank's official brand ambassador.
The Chief Minister also said that presently, the State Bank of India has a deposited capital of over Rs 11,500 crore in the Gorakhpur area, with loans disbursed amounting to Rs 4,500 crore.
Two elderly women, Satya Kapoor and Sudershan Mohan of Shimla, came forward to help the disaster-affected by contributing Rs one lakh towards the Aapda Rahat Kosh by collecting small contributions from their acquaintances, relatives and from their personal savings.
According to the officials, a sudden fire broke out at a branch of the State Bank of India (SBI) near the Madurai Periyar Bus Stand at around 3 am on Saturday.
State Bank of India (SBI) Managing Director Ashwini Kumar Tewari shared SBI's strategies for bolstering the MSME sector and outlined the measures the bank is implementing for small and medium-sized enterprises (SMEs).
Mumbai (Maharashtra) [India], September 9: The SME Finance Forum, a dynamic platform fostering SME financing, is poised to host the esteemed Global SME Finance Forum 2023 (GSMEFF 2023) in Mumbai from September 12 to 14, 2023. The theme of this year’s event, "Digital Ecosystems and the Future
Hitting out at the Bharatiya Janata Party (BJP)-led Central government, Jammu & Kashmir National Conference (JKNC) leader Omar Abdullah on Wednesday said, "How many names will you change? Will you change the names of the State Bank of India, IIT, and IIM?"
Soumya Kanti Ghosh, the Group Chief Economic Advisor at State Bank of India (SBI), on Tuesday reiterated India is likely to become the 3rd largest economy by 2027.
Lender State Bank of India (SBI) reported a 178 per cent rise in its net profit to Rs 16,884 crore in the April-June 2023 quarter against Rs 6,068 crore reported same period last year.
The proceeds of today's bonds will be utilized in enhancing long-term resources for funding infrastructure and the affordable housing segment, SBI said in a release.