Page 55 - Sbi

Top headlines: CoinDCX raises $135 mn; Lavrov says Ukraine op in new stage

Business Standard brings you the top headlines on Tuesday

SBI hikes lending rate by 0.1% across all tenures; EMIs to go up

The lending rate revision by SBI is likely to be followed by other banks in the days to come

Loans to be costlier as banks hike rates; SBI, Axis revise MCLR upwards

Kotak Mahindra Bank, increased its one-year MCLR by 5 bps to 7.4 per cent, from April 16

SBI raises $500 million through three-year syndicated loan at fine pricing

This is the first offshore Secured Overnight Financing Rate (SOFR)-linked loan by SBI through its IFSC Gift City Branch

Coins worth Rs 11 cr missing from SBI vaults; CBI takes over investigation

State Bank of India (SBI) had approached the Rajasthan High Court seeking a CBI probe into the matter as the missing amount was higher than Rs 3 crore, the threshold for seeking a probe by the agency.

SBI to hire consultant to explore biz potential in EV charging space

SBI said the eligible bidder must be an Indian company/ LLP /partnership firm registered under applicable Act in India

CCI probes debt trustee units of SBI, Axis, IDBI on suspected fee cartel

Indian regulations mandate that companies raising debt appoint a so-called 'debenture trustee' to protect the interests of investors.

NARCL: Procedural delays led to non-transfer of Rs 50k-cr NPAs by Mar 31

Non-performing assets worth Rs 50,000 crore could not be transferred to the National Asset Reconstruction Company Ltd by March 31 due to "procedural delays", a senior bank official said on Wednesday

NARCL chairman Pradip Shah quit before RBI nod: State Bank of India

After Shah stepped down, Subrata Biswas, a deputy managing director of SBI and one of the nominee directors of NARCL, was appointed as interim chairman

IDRCL: Stakes of Canara Bank, SBI, PNB and Union Bank reduced to 5% each

The reduction of stake is on account of issuance of fresh shares on preferential basis to the existing shareholders

India's SBI exploring new ways to resolve retail loan stress

SBI, which is India's largest lender by assets, had gross non-performing assets of 1,200 billion rupees at the end of December, representing 4.5% of its loan book

Lenders restructure Jain Irrigation's debt worth Rs 3,878 cr

The debt recast covered aspect like converting about 40 per cent of the total debt into long term non-convertible debentures at an interest rate of 0.01%

SBI to buy entire share of three stakeholders in SBI Global Factors

The decision was taken in a meeting of the Executive Committee of Central Board (ECCB) of SBI held on March 29, 2022

Top headlines: JioMart Express pilot to start, the oil price conundrum

Business Standard brings you the top headlines at this hour

For FY23, State Bank of India eyes Rs 10K-cr loan book via co-lending

The bank is roping in an IT vendor for building a digital interface platform for co-lending to manage risks, accounting, reconciliation, minimise physical interface and reduce defaults

LIVE: Nearly 5,000 people killed in siege of Ukraine's Mariupol, says mayor

A spokesperson for the city mayor said about 90% of buildings in Mariupol had been damaged and about 40% had been destroyed

SBI MF adds 3 million SIP accounts at 40% YoY growth rate in FY22

Asset manager clocks strong performance this fiscal, ahead of its IPO

SBI inks co-lending pact with five HFCs for affordable housing

SBI expects to grow home loan book to Rs 7 trn by 2024

Former SBI chairman Rajnish Kumar joins advisory board of Dun & Bradstreet

Former State Bank of India (SBI) chairman Rajnish Kumar has joined the international strategic advisory board of data and analytics firm Dun & Bradstreet, a release said on Thursday. Kumar, a veteran banker, currently sits on the boards of HSBC Asia Pacific, L&T Infotech, Hero MotoCorp and BharatPe. "Dun & Bradstreet is contributing to empowering MSMEs through technology-based finance, risk, compliance, data and marketing solutions in India. Kumar is recognised as a leader in the digital India mission, and we look forward to his guidance and vision as we contribute to Atmanirbhar Bharat," Avinash Gupta, Managing Director (India) at Dun & Bradstreet, said. Dun & Bradstreet has a legacy of more than 180 years, and is a respected name in business decisioning data, analytics and ratings, Kumar said. "I am looking forward to working with the Dun & Bradstreet team to help create value for all stakeholders," he added.

Sensex falls 305 pts, Nifty gives up 17,250; Paytm slides 4%, HDFC 2%

CLOSING BELL: HDFC, Bharti Airtel, Cipla, Britannia, Sun Pharma, Maruti, and Bajaj Auto were the major drags today