Search For "state bank of india"
SBI raises Rs 10,000 cr through its maiden infra bond
Updated : 3 years, 3 months ago IST
In a regulatory filing to the stock exchanges, the banking major said this was the largest single infrastructure bond issued by any Bank in the country.
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Union Minister Sonowal inaugurates SBI's regional business office in Tinsu
Updated : 3 years, 3 months ago IST
Union Minister of Ports, Shipping and Waterways and Ayush Sarbananda Sonowal on Tuesday inaugurated the regional business office of State Bank of India in Tinsukia and ceremonially handed over loan sanction papers to self-help groups (SHGs) in the area.
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Cyril Amarchand Mangaldas advises on the debt availed by Piramal Critical
Updated : 3 years, 4 months ago IST
Mumbai (Maharashtra)/ New Delhi [India], November 11 (ANI/BusinessWire India): Cyril Amarchand Mangaldas advised State Bank of India, London Branch, Axis Bank Limited, IFSC Banking Unit (IBU) GIFT City Branch and HSBC, USA N.A., for debt aggregating up to USD 225 million, availed by Piramal
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CBI arrests two directors of Bharat Papers in bank fraud case
Updated : 3 years, 4 months ago IST
It was alleged that the accused in conspiracy with unknown officials of State Bank of India had cheated the Bank to the tune of Rs 87.88 crore (total amount with interest of around Rs 121.13 crore) during the period from 2006 till 2019 by illegally removing machinery and other parts without
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Jump in digital significantly slowed down growth of currency in circulatio
Updated : 3 years, 4 months ago IST
Ghosh said as percentage of gross domestic product (GDP), CIC was now at 11.8 per cent, less than 12.1 per cent in FY16 and significantly lower than the nominal GDP growth. He also added that it is an absurdity in quoting absolute numbers of currency in circulation (CIC) then and now.
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SBI shares surge nearly 4% to record high of Rs 622 apiece
Updated : 3 years, 4 months ago IST
The lender posted a surge of 74 per cent in its net profit to Rs 13,264 crore for the quarter ended September, against Rs 7,627 crore in the year-ago period, on the back of robust loan sales, higher interest income and lower provisions. In five days, the stocks of the lender have managed to
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SBI posts 74 pc jump in profit, its highest quarterly profit
Updated : 3 years, 4 months ago IST
In the lender's statement, SBI said its net interest income grew 12.8 per cent to Rs 35,183 crore. Home loan portfolio grew 14 per cent to Rs 5.94 lakh crore and accounted for more than half its retail portfolio of Rs 10.7 lakh crore. It also said corporate loans surged 21 per cent year on y
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Caller threatens to blow up SBI office in Mumbai, police initiate probe
Updated : 3 years, 5 months ago IST
Mumbai (Maharashtra) [India], October 15 (ANI): A call threatening to blow up the State Bank of India office in Mumbai's Nariman Point and kill the bank chairman was received at the branch, police said on Friday.
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SBI surpasses Rs 6 trillion AUM in residential home loans
Updated : 3 years, 5 months ago IST
Mumbai (Maharashtra) [India], October 12 (ANI): India's largest lender State Bank of India (SBI) on Wednesday said it has become the first financial institution in the country to surpass Rs 6 trillion in assets under management (AUM) in residential home loans segment.
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CBI arrests CMD of ABG Shipyard in Rs 22,842 crore bank fraud case
Updated : 3 years, 6 months ago IST
New Delhi [India], September 21 (ANI): The Central Bureau of Investigation (CBI) on Wednesday arrested the Chairman and Managing Director of Surat-based ABG Shipyard for allegedly cheating a consortium of banks led by State Bank of India of over Rs 22,842 crore.
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SBI not a nodal bank for rupee trade with Russia, but just processing bank
Updated : 3 years, 6 months ago IST
New Delhi [India], September 16 (ANI): Banking major State Bank of India has clarified it is just making necessary arrangements and processing requests that were received from various banks, including Russian banks, for settlement of trade in rupees with proper RBI guidelines and other polic
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Trade settlement with Russia in rupees to start soon: Export body presiden
Updated : 3 years, 6 months ago IST
New Delhi [India], September 15 (ANI): India will soon start settling trade with Russia in rupees as the State Bank of India has agreed to facilitate the process, the president of India's exporter group, Federation of Indian Export Organisations (FIEO), A Shaktivel told reporters on Wednesda
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