SBI
- News
SBI posts Q1 profit of Rs 2,312 cr on lower provisioning
Mumbai: Riding on lower provisioning and improved asset quality, state-run State Bank of India SBI) on Friday reported a net profit of Rs 2,312 crore during the first quarter ending June against…
- India
SBI FD rates revised
Mumbai: India’s largest bank, State Bank of India (SBI) reduced the Fixed Deposit rates. The new rates came into effect from 1st August 2019. As per the information provided on the official…
- Andhra Pradesh
SBI Amaravati circle celebrated 64th bank day
Hyderabad: The State Bank of India, Amaravati Circle celebrated the64thBank Day of SBI at Amaravati LHO, ON July 1 On this occasion, Chief General Manager, Mr. Mani Palvesan urged upon the staff…
- News
NCLT admits insolvency plea by SBI against Jet Airways
Mumbai (Maharashtra): The local bench of National Company Law Tribunal (NCLT) on Thursday admitted the insolvency application filed by the State Bank of India (SBI) against grounded Jet Airways. A Bench of…
- Business
Lenders to take Jet Airways to NCLT, revival hope gets bleaker
NEW DELHI: The future of the grounded Jet Airways just got a shade bleaker on Monday with the lenders, led by State Bank of India (SBI), deciding to initiate bankruptcy proceedings against…
- Business
It’s now Jet versus Jet as endgame nears
NEW DELHI: Even as the lenders and the employees hope against hope and expect a white knight to rescue the grounded Jet Airways, the airline’s promoter Naresh Goyal, now deboarded from the…
- Business
SBI, ICICI Bank trade in red, HDFC Bank in green
MUMBAI: The stocks of the State Bank of India (SBI) and ICICI Bank were in the negative territory on Wednesday. The stocks turned to red after they traded near the 52-week high…
- Business
Amazon’s India summer sale starts on Friday midnight
BENGALURU: Amazon’s Indian arm would start on Friday midnight its annual summer sale with great deals and deep discounts, said the world’s leading e-tailer. “Our annual summer sale will begin across the…
- India
SBI links interest rates to RBI’s repo rate
Mumbai: Public sector lender State Bank of India (SBI) on Wednesday became the first Indian bank to link its saving and loan interest rates to the Reserve Bank of India (RBI)’s repo…
- Business
Jet staff promise to secure Rs 3,000 crore, seek SBI nod to bid
NEW DELHI: Sensing that the options to revive the grounded Jet Airways are fast running out, a group of airline employees has written to SBI seeking permission to allow a consortium of…
- Business
SBI moves to invoke Essar Steel Promoters’ personal guarantees of Rs 15K cr
AHMEDABAD: The State Bank of India on Monday filed a recovery suit against Prashant and Ravi Ruia, before the Debt Recovery Tribunal (DRT) here in Gujarat. Essar Steel Lenders led by the…
- Business
SBI and PAISALO Digital Limited enable MSME segment with income generation loans
Mumbai: PAISALO Digital Limited signed the first co-origination loan agreement with State Bank of India, the first agreement of its kind in the country that State Bank of India has signed. Introducing…
- News
Jet pilots firm on word from SBI on payment
New Delhi: A majority of Jet Airways pilots on Saturday said they needed an assurance from the State Bank of India (SBI) over the dues clearance to prevent their going on a…
- Business
SBI to auction NPA assets worth Rs 6,169 cr in March
New Delhi: The State Bank of India will auction non-performing assets (NPAs) amounting to Rs 6,169 crore in the next 10 days to recover its dues from various defaulting business outfits. The…
