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The two unlisted associate banks which will be merged with SBI are State Bank of Patiala (SBP) and State Bank of Hyderabad (SBH).

SBI expects loan demand to rise with government spending

Next tranche of capital allocation will be strictly based on performance of banks against reform measures suggested by...

25 Jan 2018 10:05 AM IST

Higher opening in domestic stock market limited rupee losses. (Photo: PTI).

Rupee spurts 22 paise against dollar in early trade

Rupee is trading at 63.47 against US dollar on increased selling of the American currency by exporters and banks.

25 Jan 2018 9:49 AM IST

'Name and shame' has helped improve states' biz rankings: Kant

Government is using indices to achieve development goals and making states compete with one another.

25 Jan 2018 9:37 AM IST

Reliance Jio will start offering cashback and benefits totalling Rs 2,599 from Friday to its Jio Prime members opting for recharge of Rs 399 and above. (Photo: AFP)

Users to pay Rs 2.7 for per GB data after new Jio offer: report

Jio's announcement of Republic Day scheme, under which users will get 500 MB extra data per day.

25 Jan 2018 9:28 AM IST

Currently, under construction projects are subject to 18% GST rate with one-third abatement for land bringing down the effective tax rate to 12%.

Realty firms want GST cut for affordable housing

The industry has also requested the government to grant industry status to avail long-term finance at a lower cost.

25 Jan 2018 6:35 AM IST

Future Group CEO Kishore Biyani along with actor Rana Dagubatti in Hyderabad. (Photo: DC)

Future Group eyes Rs 40,000 crore in FY19

The group has already invested around Rs 80 crore to set up a processing and packaging unit in Karnataka.

25 Jan 2018 4:22 AM IST

Low interest rates, push to clear inventories by real estate developers, and governments interest rate subsidy on a affordable housing make it an opportune time to buy a house.

Time is ripe for home buyers

Property prices have been more or less stagnant over the last couple of years.

25 Jan 2018 2:54 AM IST

Rs 80,000 crore PSB recap bonds won't impact fiscal deficit: Finance...

Government has pegged the fiscal deficit target at 3.2 per cent of the GDP for the current fiscal.

24 Jan 2018 5:35 PM IST

Representational image of an Indigo aircraft.

IndiGo Q3 net jumps 56.4 per cent at Rs 762.03 crore

Total expenses for the quarter ended December 2017 were Rs 5,378.19 crore.

24 Jan 2018 5:17 PM IST

Banks will have to make changes in the existing infrastructure which would be a huge challenge for the banks.(Representational Image)

Govt to infuse over Rs 88,000 crore in 20 public banks

During the current fiscal, ending March 31, SBI will get Rs 8,800 cr capital and Bank of India, Rs 9,232 crore.

24 Jan 2018 5:02 PM IST

In December last year, Canara Bank had said it proposes to bring down stake in its housing finance subsidiary CanFin Homes to 30 per cent.

Canara Bank third-quarter profit slumps 61 per cent

Net profit came in at 1.26 billion rupees for quarter ended Dec 31, compared with 3.22 billion rupees a year ago.

24 Jan 2018 4:37 PM IST

Sensex climbed 122 points to finish the day on high

Markets scale fresh highs; telecom stocks in red

NSE Nifty ended at 11,086, recording a modest rise of 2.30 points, or 0.02 per cent.

24 Jan 2018 4:02 PM IST