SBI
SBI, Bank of Baroda raise term deposit rates
31 Dec 2023
Public sector lenders State Bank of India (SBI) and Bank of Baroda (BoB) have announced a hike in interest rates on fixed deposits varying from 50 to 125 basis points
SBI Q1 net profit down 6.7% at Rs6,068.1 crore
08 Aug 2022
SBI Q4 FY21 net profit up 80.15% at Rs6,451 cr
25 May 2021
RBI announces reconstruction of Yes Bank; SBI to pool in 49% equity
09 Mar 2020
As per the scheme of reconstruction, the authorised share capital of Yes bank will stand altered to Rs5,000 crore and the investor bank (SBI) will invest up to 49 per cent shareholding at a price not less than Rs10 for a Rs2 share, ie, at a premium of Rs8 per share
SBI to switch to EMV chip and PIN-based cards from 1 January; introduce OTP-based withdrawals
27 Dec 2019
SBI cuts base lending rate, loans to get cheaper
08 Nov 2019
SBI Q2 net more than triples to Rs3,012 cr, despite higher provisioning
25 Oct 2019
Provisioning during the quarter increased 8.7 per cent to Rs13,138.93 crore while the bank’s total provisioning stood at Rs22,399 crore, which was 89.63 per cent of total outstanding, as of 30 September 2019
SBI to charge processing fees for home loans
11 Oct 2019
SBI makes ATM withdrawals costly, hikes minimum balance charges
01 Oct 2019
While the normal ATM withdrawal limit is two, for savings bank accounts with an average minimum balance between Rs25,000 and Rs50,000, there will be 10 free cash withdrawal transactions in a month, beyond which each transaction will be charged Rs50 (plus GST) irrespective of the AMB
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Lighter than air, yet very, very powerful
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The Rise and Rise of HDFC Bank
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HDFC, which surged ahead of global majors like HSBC Holdings Plc and Citigroup Inc and left Indian peers like State Bank of India and ICICI Bank in market capitalisation, now ranks fourth largest among the world’s most valuable banks, after JPMorgan Chase & Co, Industrial and Commercial Bank of China Ltd and Bank of America Corp
India’s Millet Revolution To Enrich Global Food Basket
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Millets, a healthier and cheaper substitute to wheat and rice, are indigenous to many parts of the world, especially in the semiarid tropics of Asia and Africa, and offers a big scope for expanding production and consumption in the foodgrain deficient African continent
Market predator Hindenburg preys on Adani stock
06 Mar 2023
Almost a month after the damning report of short-seller Hindenburg Research on the Adani Group that claimed that the seven stocks within the group were about 85 per cent overvalued, one of the group's stocks, Adani Total Gas, closed at Rs835 on the BSE, down nearly 79 per cent from its 24 January level, almost close to reaching that valuation
