SBI
SBI raises $300 mn via Formosa bonds
The bond is benchmarked against the 5-year US treasury and priced at a spread of 100 basis points over the benchmark
SBI makes online IMPS transactions upto Rs 5 lakh free
In the case of Branch Channels, there is no change in the service charges in the existing slabs
RBI fines SBI, StanChart for rules violation
On SBI, the central bank said the lender delayed reporting fraud in a customer account to it
Banks queue up to raise billions
HDFC on Thursday raised $1 billion by issuance of AT-1 bonds, priced at 3.70%, which is 42.5 basis points lower than initial price guidance
GDP to contract 16.5% in Q1 as COVID cases continue to surge: SBI report
The degrowth in corporate gross value added has been significantly better than revenue degrowth in Q1 FY21
India's largest bank SBI net profit up 81% to ₹4,189 crore in Q1
Its gross non-performing assets (NPA) of the total advances declined to 5.44 per cent at June-end, over 7.53 per cent at June-end last year
Crisil affirms Yes Bank Rs 18k cr bonds rating at BBB
The agency has also reaffirmed its 'CRISIL A2' rating on certificates of deposit of Yes Bank
SBI Q4 profit jumps over four-fold to Rs 3,581 crore
Income of SBI during March quarter of last financial year rose to Rs 76,027.51 crore from Rs 75,670.5 crore in the same period of 2018-19
About 20% SBI borrowers opt for loan repayment moratorium: Chairman Rajnish Kumar
Kumar also advised borrowers to pay their loans if they are not facing any funding challenge
RBI may extend moratorium on repayment of loans for three more months, says report
In March, RBI had allowed a three-month moratorium on payment of all term loans due between 1 March, 2020 and 31 May, 2020