SBI Raises Rs 4,000 Crore via Additional Tier-1 (AT1) Bonds
On Monday, India’s largest lender State Bank of India (SBI) had raised Rs 4,000 crore in perpetual bonds at a record-low coupon, which gives a sign that...
Tag : state bank of India (SBI)
SBI Group’s Subsidiary Holds 4.7% Stake in Yes Bank FPO
The country’s largest lender, State Bank of India (SBI) through its wholly-owned investment banking subsidiary SBI Capital Markets had coughed up Rs 1,415 crore in YES Bank’s...
India’s Debt to GDP Ratio May Rise to 87.6%: SBI Ecowrap
India’s debt to gross domestic product (GDP) ratio could climb to 87.6 per cent this fiscal, up from 72.2 per cent last year, due to a collapsing...
SBI Soars Nearly 4% Ahead of March Quarter Results
State Bank of India (SBI) shares gained nearly 4 per cent on Friday, ahead of the release of financial results by the country’s largest lender for...
ICICI Bank Cuts Interest Rate on Deposits of Savings Account
Private sector lender ICICI Bank has cut interest rate on savings bank account deposits by 25 basis points (bps) to 3 per cent. The new rates will...
SBI Launches Special FD Scheme for Senior Citizens
State Bank of India (SBI) has launched a special fixed deposit (FD) scheme for senior citizens called ‘SBI Wecare Deposit’. This has been introduced in...
SBI Adds Covid-19 to Compensation List of its Employees
After announcing special payments to its staff working in bank branches during 21-day shutdown to battle coronavirus, State Bank of India (SBI) has made modifications...
SBI Shares 7 Safety Tips to Guard Against COVID-19
According to serious novel coronavirus, every precaution should take to save yourself and your family from the deadly virus. To follow social distancing not just...
Puri Jagannath Temple Gets Back Rs 397 Crore from Yes Bank
Yes Bank remitted more than Rs 397 crore, including the interest, of the Shree Jagannath Temple Administration, Puri as instructed by the temple authorities. A...
SBI Cuts Interest Rates on Fixed Deposits (FDs)
A day after Reserve Bank of India’s (RBI) monetary policy review meet, country’s top lender, State Bank of India (SBI), has announced a cut in...