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Thursday, Apr 25, 2024 | Last Update : 09:45 AM IST

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Over the past two years, domestic companies have raised USD 6 billion in green bond sales.

SBI to raise USD 500 million in maiden green bond sale

Green bond offerings has hit a record USD 155 billion in 2017, according to industry reports.

19 Sep 2018 6:01 PM

Investors, sectoral experts and bankers are all now speculating the next wave in bank mergers.

Fingers crossed over next wave of bank mergers

Currently there are nine banks still placed under the prompt corrective action (PCA) framework of the RBI.

19 Sep 2018 11:26 AM

The e-bidding for these accounts will take place on September 26.

SBI to sell 8 NPAs to recover dues worth over Rs 3,900 crore

SBI's gross NPAs rose to 10.69 per cent of the total advances at the end of June this year, as against 9.97 per cent a year ago.

18 Sep 2018 10:14 AM

Relating to GDP growth, he said as per SBI research estimates, in the first quarter it was expected to be 7.7 per cent in the first quarter and 7.5 per cent for the full fiscal.

Sudden depreciation or appreciation of Rupee not good: SBI

Rupee had experienced an orderly depreciation as it moved from Rs 64 to a dollar to Rs 70 over a span of five to six months.

24 Aug 2018 12:32 PM

SBI’s gross bad loans as a percentage of total loans fell to 10.69 per cent at the end of June from 10.91 per cent in the previous quarter.

SBI eyes return to profitability in third-quarter

SBI’s gross non-performing loans eased quarter on quarter to 2.13 trillion rupees by the end of June.

11 Aug 2018 10:13 AM

The country’s biggest lender by assets made higher provisions for treasury losses.

SBI posts Q1 loss of Rs 4,876 crore as bad loans rise

SBI books loss of Rs 4,876 crore for the first quarter ended June 2018.

10 Aug 2018 3:00 PM

Under this customers will be able to pay through credit or debit cards, Bharat QR, Unified Payments Interface (UPI) and SBI Buddy (e-wallet) at a Point of Sale (PoS) terminal.

SBI launches unified payment terminal- MOPAD

MOPAD will help merchants to integrate different kinds of transactions through one PoS machine.

09 Aug 2018 11:27 AM

RIL chairman Mukesh Ambani joined him saying, “the scale of SBI’s customer base is unmatched.

SBI, Reliance Jio extend deal to digital payments

SBI and Jio has a joint venture for payment bank- Jio Payments Bank, wherein Jio holds 70 per cent and the balance is with SBI.

03 Aug 2018 1:50 AM

The bank has taken this initiative to reach out to the farmers to educate about the benefits of renewing KCC account to get maximum benefits.

SBI to organise outreach programme for farmers on July 18

SBI said it expects to cover 10 lakh farmers through nearly 14,000 rural and semi-urban branches.

16 Jul 2018 4:29 PM

This MoU will benefit a large number of serving and retired Army personnel who are having their accounts with SBI.

Indian Army signs MoU with SBI on salary package

The MoU will be valid till 3 January, 2019 and continuation thereafter will be subject to review/renewal.

13 Jul 2018 9:41 AM

Banks working closely with UK authorities to recover dues from Mallya: SBI MD

SBI is the leader of consortium of 13 banks that lent money to Mallya's now defunct Kingfisher Airlines.

06 Jul 2018 1:08 PM

Banks have raised their share in the segment to over 50 per cent.

SBI raises market share in housing mortgage business

SBI remains the leader in mortgage finance with an overall market share of 20.2 per cent in FY18.

05 Jul 2018 8:51 AM

SBI chairman Rajnish Kumar drew a gross salary of Rs 14.25 lakh for six months, remuneration of Aditya Puri, managing director of HDFC Bank, was Rs 9.64 crore.

SBI CMD’s salary is too little compared to HDFC Bank MD’s

SBI suffered a net loss of Rs 6,547.45 cr in 2017-18, against a net profit of Rs 10,484.1 cr in preceding fiscal.

14 Jun 2018 8:55 AM

The divergences in gross non-performing assets (GNPAs) as on March 31, 2017 stood at Rs 54,100 crore for banks.

RBI audit reveals NPA divergence of Rs 45,600 cr in PSBs

SBI had reported a net loss of Rs 3,969.2 crore in the fourth quarter of last fiscal compared to Rs 1,045.5 crore.

30 May 2018 8:51 AM

Bad loans make SBI lose Rs 7,718crore

The public sector lender had reported a net profit of Rs 2,814.82 crore during the same period last year.

23 May 2018 2:01 AM

Of the 12 accounts, so far, just two accounts — Bhushan Steel and Electrosteel Steels — have managed to get a buyer for their assets.

Banks to opt for liquidation if bid prices are low: SBI

The first set of 12 large corporate defaulters identified by the central bank in June last year.

08 May 2018 8:59 AM

Withdrawal limit from PoS machines at retail outlets in Tier 1 and 2 cities per card per day is Rs 1,000 and Rs 2,000 for smaller towns.

Withdraw up to Rs 2,000 from PoS machines free of charge: SBI

SBI has a total of 6.08 lakh PoS machines of which 4.78 lakh are enabled to dispense cash to the customers.

19 Apr 2018 5:19 PM

Several other lenders, including PNB, Canara Bank and Axis Bank claimed that cash shortage at ATMs was limited to select pockets.

Cash situation at ATMs improving, says SBI

Availability of cash in SBI ATM has improved in the last 24 hours.

18 Apr 2018 3:10 PM

The 1.4 trillion rupees over the project will be expended for the construction of the structures and additional 11 billion rupees for the transmission lines.

SBI to invest Rs 80 billion in hydropower project of Nepal

The Nepal Investment Board will soon issue the license for the construction of the project.

09 Apr 2018 8:51 AM

Seven of the 10 most valued Indian companies together added Rs 56,082.33 crore in market valuation last week.

Seven of top-10 companies add Rs 56,082 crore in m-cap

Stock markets were closed on Thursday and Friday for Mahavir Jayanti and Good Friday, respectively.

01 Apr 2018 10:44 AM

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Dilip Cherian