Page 52 - Sbi

SBI and subsidiaries reshuffle top management to improve efficiency

SBI has promoted market-recruited executives who have been associated with the bank's subsidiaries for some time

Stocks to watch: SBI, HDFC Bank, Yes Bank, Network18, JSW Steel, Zomato

Stocks to watch today: State Bank of India raised their MCLR lending rate by 20 basis points across all tenors; Network18 group firm Viacom18 eyes expansion after it bagged media rights for IPL.

SBI raises lending rates, HDFC Bank and BoB increase deposit rates

Moves follow RBI's 90-bp repo rate increase in a little over a month

R Subramaniakumar: 'Bad loan expert' in the hot seat at crisis-hit RBL Bank

His appointment raises questions because ex-PSB bankers have historically taken over as heads of financial institutions with weak asset quality and governance

Stocks to watch: SBI, IDBI Bank, Hero Moto, Bajaj Electricals, NTPC, Cipla

Stocks to watch today: SBI and IDBI Bank have raised their interest rates on retail term deposits, subject to different tenors; LIC hiked stake in Hero MotoCorp to 11.2 per cent from 9.1 per cent.

SBI and IDBI Bank join trend, raise their interest rates on deposits

Interest rates on retail term deposits (below Rs 2 crore) of 211 days to less than one-year tenor have been increased by 20 bps to 4.6 per cent. It was 4.4 per cent earlier

SBI joins industry trend, hikes interest rates on retail and bulk deposits

The hike in deposit rates follows the rate action by Reserve Bank of India's (RBI) Monetary Policy Committee in the June monetary policy

'RBI much ahead in containing inflation but rate hike possible in Aug, Oct'

Core CPI also moderated in May to 6.09 per cent compared to 6.97 per cent in April, as per the SBI's research report 'Ecowrap'.

Loan demand is bouncing back after 2 yrs of credit contraction: SBI chief

Companies are steadily drawing down from a $71 billion loan pipeline, said Dinesh Kumar Khara

Will list subsidiaries at opportune time: SBI chairman Dinesh Kumar Khara

'We have a healthy conduit of proposals for corporate loans under review', said SBI chairman

YES Bank to form alternate Board after exiting restructuring scheme

Yes bank's largest shareholder, SBI, has proposed Prashant Kumar's name for MD & CEO's position for a three-year term

Alok Kumar Choudhary appointed State Bank of India MD for 2 years

Choudhary would hold the position of MD till his superannuation on June 30, 2024

Banks to take Rs 37,200-cr hit by liquidating 10 power projects: BofA

Combined capacity is 10.5 Gw; projects fail to find any takers under insolvency process

SBI Card: Board approves raising up to Rs 2,500 crore through NCDs

The fund would be raised in one or more tranches, SBI Card said in a regulatory filing

SBI elevates 7 CGM-ranking officials to deputy managing director rank

The selection panel of the board used face-to-face interaction as well as hybrid mode to carry out performance review and promotion exercise

Former SBI MD Ashwani Bhatia takes charge as whole-time member at Sebi

Third WTM position was vacant for nearly seven months; Bhatia to oversee debt and hybrid securities, AIFs and FPIs

Time ripe for further transformation to make bank future-ready: SBI chief

State Bank of India will focus on digital agenda, and partner with fintech firms and NBFCs to drive growth, says Dinesh Khara

Retired SBI senior executive Natarajan Sundar joins NARCL as MD CEO

Karnam Sekar, Malvika Sinha named independent directors; NARCL Board now has 5 nominees from shareholder banks, one more independent director likely to join soon

States gained Rs 49k crore when fuel prices rose, have room to cut VAT: SBI

States gained Rs 49,229 crore from VAT revenue on fuel when oil prices were increasing and will forego Rs 15,021 crore now that excise duty on fuel has been cut, SBI Research said in a report

Seven of top-10 firms add Rs 1.16 trn in m-cap; HDFC Bank lead gainer

The market valuation of HDFC Bank jumped Rs 39,358.5 crore to reach Rs 7,72,514.65 crore