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State Bank of India

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News on State Bank of India
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IFCI offloads entire stake in non-core biz in Hardicon

9.00 pm | 23 Jan 2017 |  Source: PTI

Infrastructure term lender IFCI Ltd has sold its entire 45.5 percent stake in associated firm Hardicon Ltd at an undisclosed price....

Buy HPCL; short Divis Labs, State Bank of India: Rahul Shah 

3.47 pm | 23 Jan 2017 |  Source: CNBC-TV18

According to Rahul Shah of Motilal Oswal, one can buy Hindustan Petroleum Corporation and advises shorting Divis Labs and State Bank of India....

Ruias may lose Essar Steel to PE investor Farallon: Report

9.30 am | 23 Jan 2017 |  Source: Moneycontrol.com

Sources told ET that post a deal between lenders and Farallon with the company, the PE investor is likely to acquire 26 percent share in Essar Steel w...

Five of top-10 firms take a Rs 40,000-crore hit in market cap

10.24 am | 22 Jan 2017 |  Source: PTI

Five of the top-10 most valued Indian companies suffered a cumulative loss of Rs 39,593.68 crore in market valuation last week....

SBI eyes up to $1.5 billion capital raising in next fiscal

9.54 pm | 20 Jan 2017 |  Source: Reuters

India's biggest lender by assets, State Bank of India, could tap capital markets next fiscal year to raise up to USD1.5 billion, its chief said on Fri...

CPSE ETF oversubscribed 2-times, gets bids worth Rs 12,000 cr

7.58 pm | 20 Jan 2017 |  Source: PTI

The second tranche sale of government's exchange traded fund (ETF) of top 10 state-owned companies saw bids worth Rs 12,000 crore from investors, whic...

Withdrawal limits to ease by Feb-end; 6.7% GDP growth seen: SBI 

7.17 pm | 20 Jan 2017 |  Source: CNBC-TV18

On the upcoming Budget, Arundhati Bhattacharya, chairman of SBI said that investment and consumption should get equal focus. ...

Here is why SP Tulsian is bullish on PSU Banks 

5.40 pm | 20 Jan 2017 |  Source: CNBC-TV18

SP Tulsian of sptulsian.com, explains why he remains positive on PSU banks. He also shares his views on Trident Power and several paper stocks....

SBBJ Q3 net profit nosedives 72% to Rs 57.8 cr

4.22 pm | 20 Jan 2017 |  Source: PTI

SBI associate State Bank of Bikaner & Jaipur's net profit fell sharply by 72 percent to Rs 57.84 crore in the quarter ended December 31, on mounting b...

Govt to infuse Rs 1,894 cr capital into SBI

8.30 am | 20 Jan 2017 |  Source: PTI

This is the part of Rs 7,575 crore capital infusion announced by the government in July last year. As per the announcement, the government released 75...

Could retain up to 40% of deposits since note ban: SBI Chairman

8.24 am | 20 Jan 2017 |  Source: Moneycontrol.com

State Bank of India Chairman Arundhati Bhattacharya told Bloomberg that she was unable to give a precise estimate owing to the lack of clarity about t...

Stocks in news: Axis, Infosys, Mindtree, Ruchi Soya, Kalpataru 

8.00 am | 20 Jan 2017 |  Source: CNBC-TV18

Axis Bank | Infosys | Mindtree | Tata Steel | Canara Bank | GMR Infrastructure | Orient Green Power | Havells India | TVS Motor | Sterlite Technologie...

BHIM download at 1.1cr; 4 banks on board for Aadhaar system

6.40 pm | 19 Jan 2017 |  Source: PTI

The new BHIM app, that aims to make digital payments through mobiles fast and simple for people, has logged 1.1 crore downloads within 20 days of l...

Start recovery of Rs 6,203 cr from Vijay Mallya: DRT to banks

1.38 pm | 19 Jan 2017 |  Source: PTI

At the jam-packed new rented space of DRT which was inaugurated today, Sreenivasan also disposed of as many as 20 Interlocutory Applications including...

DRT allows banks to recover Rs 6,203 cr from Vijay Mallya 

12.10 pm | 19 Jan 2017 |  Source: CNBC-TV18

In a setback to Vijay Mallya, the Debt Recovery Tribunal (DRT) Thursday allowed SBI-led consortium to petition against the liquor baron. The tribunal ...

Kotak Mahindra AMC looks at increasing market share

9.08 am | 19 Jan 2017 |  Source: PTI

As of now, the company's total assets under management stands at Rs 87,000 crore in mutual fund and Rs 1,400 crore in portfolio management services in...

BSNL to launch 1000 wifi hotspots to address 4G challenges

3.40 pm | 18 Jan 2017 |  Source: PTI

Kerala Circle CGM of BSNL, R Mani told reporters here that the proposed hotspots would provide 4.5G speed and it would be commissioned within a months...

Vedanta, Jain irrigation to sell dollar bonds to raise $1 bn

10.56 am | 18 Jan 2017 |  Source: Moneycontrol.com

London-headquartered metals and mining company Vedanta, in a move to refinance its debt, may raise up to USD 750 million by selling dollar bonds to ov...

SBI raises $500 m from overseas bond sale, prices at 3.3%

9.16 am | 18 Jan 2017 |  Source: PTI

"The pricing offers a spread of 145 bps over the five-year US treasury, which is equivalent to a price of 99.744 percent yielding 3.306 percent per an...

Stocks in news: Idea, Rel Cap, IDFC, Panacea, ICICI Pru, Cadila 

8.00 am | 18 Jan 2017 |  Source: CNBC-TV18

Bharti Airtel | Idea Cellular | Hindustan Zinc | IDFC | Reliance Capital | Mercator | Panacea Biotec | ICICI Prudential | ABG Shipyard | Cadila Health...

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