State Bank of India Set to Acquire 20% Stake in SBI Pension Funds
State Bank of India (SBI), on 5 December, announced its desire to acquire a 20% stake in SBI Pension Funds, which is held by SBI...
Tag : state bank of India (SBI)
Govt Agrees on 27th Tranche of Electoral Bonds; Sale Starts Today
The government gave a green signal to the issuance of the 27th tranche of electoral bonds that will begin sale today. This progress comes before...
Bank of Baroda Crosses Rs 1 Lakh Crore Market Cap, Second Public Bank to do so
Bank of Baroda (BoB) became the second public sector undertaking (PSU) bank after the State Bank of India (SBI) hit the Rs 1 Lakh Crore...
SBI Hits More Than 3-Month High Ahead of Q4 Results, Shares Up 8% in 1 Month
Shares of State Bank of India (SBI) hit a more than three-month high of Rs 590.10 in intraday trade on Tuesday, rising 1.4% ahead of...
ITC Extends Rally, Hits New Highs, Share Soars 25% So Far in 2023
Shares of ITC continued to move north, hitting a fresh high of Rs 416.50, gaining 1% in intraday trade on Thursday on strong earnings expectations....
RBI to Set Up Portal to Search Unclaimed Deposits in Multiple Banks
On Thursday, the Reserve Bank of India (RBI) announced a centralised portal for accessing details of depositors’ or their beneficiaries’ unclaimed deposits across banks. As...
PNB Raises Rs 974 Crore Via AT-1 Bonds at 8.75% Coupon
On Friday, state-owned lender Punjab National Bank raised Rs 974 crore via additional tier-1 bonds at a coupon rate of 8.75%, 35 basis points (bps)...
UTI AMC Share Surges 8% After PPFAS MF Buys 1.1 Million Shares in Block Trade
UTI Asset Management (AMC) shares surged 8% to Rs 687.30 on the NSE in intraday trade on Tuesday after PPFAS mutual funds bought 1 million...
Yes Bank Shares Fall 13% Intraday as 3-Year Shareholder Lock-in Period Ends
Shares of YES Bank fell 13% to an 8-month low of Rs 14.40 on the BSE in intraday trade on Monday after a three-year lock-in...
Yes Bank Shares Flat as SBI’s 3-Year Lock-In Period Ends This Week
Shares of YES Bank opened lower on Monday as State Bank of India’s (SBI) three-year lock-in period ended this week. However, the stock recovered quickly...