Tag: state bank of india

Centre’s dilemma: Rescue pandemic-hit sectors or boost sectors that beat the virus?

No epidemiologist can predict at this moment when India will face another wave of Covid-19. Nor can they tell us for certain whether it will...

This special SBI savings account can help you earn higher interest rate

Amid State Bank of India or SBI savings account interest rate sliding below 3 per cent (2.70 per cent annually), SBI customers are looking for...

Gauhati Medical College and Hospital adds 200-bedded ICU complex

Gauhati Medical College and Hospital in Guwahati added 200 bedded ICU complex. Chief minister Himanta Biswa Sarma dedicated the newly constructed 200 bedded ICU complex...

SBI | Bank of Baroda: 2 PSU banks Deven Choksey is ready to bet on

Other than SBI, and are the other two PSU banks could be relatively better off going forward, says Deven R Choksey, MD, KR Choksey Investment...

Kerala gets 14% more NRI deposits at Rs 2.27 lakh crore in 2020

Bank deposits by non-resident Keralites rose 14 per cent to Rs 2.27 lakh crore in the pandemic-hit 2020, proving wrong the prediction that the state...

Govt mulling measures to bolster governance & HR practices in public sector banks

The government is considering measures to further strengthen corporate governance and human resource practices in nationalised banks through a diversified board structure, strengthening of board-level...

SBI warns account holders against ‘Free Gift’ online fraud

The State Bank of India (SBI) on Thursday evening alerted its customers against clicking on links claiming that the bank is providing free gifts. SBI...

Banks may drop overseeing panel for quicker resolution

Banks soon won’t need to approach the overseeing committee (OC) to get resolution plans for stressed assets vetted, a measure that could shorten the time...

Assam lockdown: Government announces relaxation in nine districts

While the Assam government has announced some relaxation in restrictions in curfew in graded manner, the state government has decided to provide interest free working...

SBI moves to remove Reliance Infratel’s fraud tag

(SBI) has moved to withdraw allegations of fraud against Reliance Infratel, the telecom tower unit of (RCom), petitioning the National Company Law Tribunal (NCLT) to...

Jio seeks Reliance Infratel’s forensic audit reports

Reliance Jio Infocomm has moved the bankruptcy court, seeking disclosures of forensic audit reports of Reliance Infratel after some lenders marked the accounts of Reliance...

Stock Market: Will the market party continue? Here’s what Helios India’s Dinshaw Irani has to say

“I believe that we have to be cautious in certain sectors and not go overboard while investing. We are a bit cautious in our consumer...

View: How India can minimize the use of ‘discretion’ in public policy

Despite the economic reforms of the 1990s, the Indian economy remains heavily regulated. As a result, the ordinary citizen has to expend considerable time, money...

ICICI Bank | Axis Bank | SBI: 5 banks to go for once unlock theme starts playing out: Hemang Jani

Book out of pockets where the upside has been strong and focus on companies or sectors where the price action has been muted and incremental...

Online retailers’ discounts diminish amid pandemic

NEW DELHI : Have you noticed the discounts that online retailers offered on essentials are diminishing? As more people are buying essentials online amid the...

Vijay Mallya loses bankruptcy petition amendment High Court battle in UK

A consortium of Indian banks led by the (SBI) on Tuesday moved a step closer in their attempt to recover debt from loans paid out...

reliance | vedanta: From Amazon to Tata, Reliance to Vedanta, industry steps up to combat coronavirus

As India suffers the world’s worst outbreak of COVID-19 cases, global and domestic corporate giants are pitching in resources from airlifting of medical equipment, making...

SBI | HDFC Bank: ICICI Bank, SBI and Axis to outshine HDFC Bank, Kotak over next 5 years: Hemang Jani

The net profit that reported from FY17 to FY21, would be less than the number that Axis Bank is expected to report in FY22, says...

Indian banks back in British court to pursue Vijay Mallya bankruptcy order

A consortium of Indian banks led by the (SBI) was back for a High Court hearing in London on Friday in pursuit of a bankruptcy...

SBI | ICICI Bank: How to spot value amid volatility: Samir Arora

“I strongly believe that — because the play book is there, because the end game is people getting vaccinated and the vaccination is working per...

‘Covid pandemic has resulted in valuations higher than in 2008’

According to the company’s presentation for the third quarter of FY21, it manages assets worth ₹2.33 trillion, largely belonging to 6,740 families. The company, which...

5 things to know about SBI’s and Axis Bank’s contactless payment devices

On Friday, Axis Bank launched a range of devices that allows its customers to make contactless payments. Last year, the State Bank of India (SBI)...

Sanjay Singal files fresh plea seeking stay on BPSL deal even as JSW starts financing process

Bhushan Power and Steel Ltd’s (BPSL) erstwhile promoter Sanjay Singal has filed a fresh application in the Supreme Court (SC) asking for a stay in...

Things to keep in mind if you are planning to participate

India’s biggest lender, State Bank of India, has once again announced e-auction of properties. The e-auction will happen on 5 March and will include residential,...

SBI: SBI has potential to outperform private sector also: Kunj Bansal

In the short-term, we could continue to see a consolidation in the market in the current week, says Kunj Bansal, CIO, Karvy Capital. We have...