Sbi So

India needs 'fewer' but stronger Public Sector Banks (PSBs), and the smaller ones could be privatised or merged, former SBI chief Arundhati Bhattacharya has said.

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Finance minister Nirmala Sitharaman has said that banks need to be more customer-friendly in their approach so that credit availing becomes simpler

The markets have rebounded more than 3 per cent so far this week as investors have seemingly turned their attention to the March-quarter earnings season

State Bank of India (SBI) will close the registration link for recruitment of specialist cadre officers. Application forms are available on the website, sbi.co.in.

State Bank of India (SBI) has announced recruitment of specialist cadre officers. Application forms are available on the website, sbi.co.in. Candidates can fill and submit it on or before October 8.

So far, there is no update available for SBI PO 2020 recruitment. Last year, the recruitment was announced on April 2.

Flipkart will host its Big Shopping Days 2020 sale later this week. The four-day sale will bring hundreds of deals on mobile phones, laptops, TVs, smart home products, and other electronics.

Crisis-hit Yes Bank has allotted 1,000 crore equity shares to seven private banks and the state-run State Bank of India for a total consideration of Rs 10,000 crore. IDFC First Bank is the latest to enter the SBI-led rescue team with an investment of Rs 250 crore. Investment by private banks has so far reached Rs 3,950 crore.

In what may calm harried depositors of Yes Bank, its administrator Prashant Kumar on Monday said he is hopeful of the moratorium on the private sector lender being lifted by Saturday. Merging Yes Bank with itself will have a "negative impact" on SBI, and an independently running institution should continue to do so after some help, Kumar, the forme...

The Reserve Bank of India (RBI) on Friday said the State Bank of India (SBI) has expressed willingness to invest in crisis-ridden Yes Bank. In a draft reconstruction scheme for the private lender, the central bank also said that the investor bank shall invest in Yes Bank to the extent that it will hold 49 per cent equity after the infusion. A day a...

SBI Cards and Payment Services' initial public offer (IPO) got oversubscribed 16.43 times on Thursday, the third day of the subscription, NSE data showed. At 12:30 pm on Thursday, the issue had received bids for over 164.71 crore equity shares against IPO size of more than 10.02 crore equity shares, according to the data.

The SBI Cards IPO received 3.11 crore bids by 3:00 pmcompared with the issue size of 10.03 crore, data from the National Stock Exchange (NSE) showed.

"If there is a negative impact on any enterprise, it impacts a larger ecosystem, whether it is banks, whether it is employees, whether they are vendors, consumers, so everybody gets impacted. So, that impact, when it comes, we will have to pay the price," Mr Kumar said, when asked about the impact on banks if telcos move towards bankruptcy.

State Bank of India (SBI) on Friday announced a reduction in its MCLR or marginal cost of funding-based lending rates by 5 basis points across tenors, and a cut in its fixed deposit interest rates. That marked the ninth cut in the MCLR so far in the current fiscal year. The bank said the new rates for home loans and fixed deposits will take effect ...

India needs 'fewer' but stronger Public Sector Banks (PSBs), and the smaller ones could be privatised or merged, former SBI chief Arundhati Bhattacharya has said.

​​​​​

Finance minister Nirmala Sitharaman has said that banks need to be more customer-friendly in their approach so that credit availing becomes simpler

The markets have rebounded more than 3 per cent so far this week as investors have seemingly turned their attention to the March-quarter earnings season

State Bank of India (SBI) will close the registration link for recruitment of specialist cadre officers. Application forms are available on the website, sbi.co.in.

State Bank of India (SBI) has announced recruitment of specialist cadre officers. Application forms are available on the website, sbi.co.in. Candidates can fill and submit it on or before October 8.

So far, there is no update available for SBI PO 2020 recruitment. Last year, the recruitment was announced on April 2.

Flipkart will host its Big Shopping Days 2020 sale later this week. The four-day sale will bring hundreds of deals on mobile phones, laptops, TVs, smart home products, and other electronics.

Crisis-hit Yes Bank has allotted 1,000 crore equity shares to seven private banks and the state-run State Bank of India for a total consideration of Rs 10,000 crore. IDFC First Bank is the latest to enter the SBI-led rescue team with an investment of Rs 250 crore. Investment by private banks has so far reached Rs 3,950 crore.

In what may calm harried depositors of Yes Bank, its administrator Prashant Kumar on Monday said he is hopeful of the moratorium on the private sector lender being lifted by Saturday. Merging Yes Bank with itself will have a "negative impact" on SBI, and an independently running institution should continue to do so after some help, Kumar, the forme...

The Reserve Bank of India (RBI) on Friday said the State Bank of India (SBI) has expressed willingness to invest in crisis-ridden Yes Bank. In a draft reconstruction scheme for the private lender, the central bank also said that the investor bank shall invest in Yes Bank to the extent that it will hold 49 per cent equity after the infusion. A day a...

SBI Cards and Payment Services' initial public offer (IPO) got oversubscribed 16.43 times on Thursday, the third day of the subscription, NSE data showed. At 12:30 pm on Thursday, the issue had received bids for over 164.71 crore equity shares against IPO size of more than 10.02 crore equity shares, according to the data.

The SBI Cards IPO received 3.11 crore bids by 3:00 pmcompared with the issue size of 10.03 crore, data from the National Stock Exchange (NSE) showed.

"If there is a negative impact on any enterprise, it impacts a larger ecosystem, whether it is banks, whether it is employees, whether they are vendors, consumers, so everybody gets impacted. So, that impact, when it comes, we will have to pay the price," Mr Kumar said, when asked about the impact on banks if telcos move towards bankruptcy.

State Bank of India (SBI) on Friday announced a reduction in its MCLR or marginal cost of funding-based lending rates by 5 basis points across tenors, and a cut in its fixed deposit interest rates. That marked the ninth cut in the MCLR so far in the current fiscal year. The bank said the new rates for home loans and fixed deposits will take effect ...