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State Bank of India

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News on State Bank of India
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SBI falls 1%, however Deutsche Bank initiates 'Buy' on stock; sees margin improvement

12.23 pm | 01 Mar 2018 |  Source: Moneycontrol.com

The house is of the view that with 5 percent CASA and 70 percent loans floating, the margin trajectory should improve. It expects further pick up in l...

SBI hikes interest rates on loans by 10-25 bps

11.37 am | 01 Mar 2018 |  Source: Moneycontrol.com

It is the first hike in 1-year MCLR since the adoption of MCLR as the new lending rate system in April 2016...

SBI hikes interest rates on loans by 10-25 bps

11.37 am | 01 Mar 2018 |  Source: Moneycontrol.com

It is the first hike in 1-year MCLR since the adoption of MCLR as the new lending rate system in April 2016...

CBI books R P Info Systems for Rs 515 crore fraud

9.25 pm | 28 Feb 2018 |  Source: PTI

The CBI has booked a computer manufacturer R P Info Systems and its directors for allegedly cheating a consortium of banks to the tune of Rs 515.15 cr...

Q3 GDP data shows that economy is back to normal: DEA Secy 

8.42 pm | 28 Feb 2018 |  Source: CNBC-TV18

Gross Domestic Product or GDP grew by an impressive 7.2 percent in the month of January on the back of strong showing in the agriculture, manufacturin...

GDP growth cheer: Here's how experts react 

6.35 pm | 28 Feb 2018 |  Source: CNBC-TV18

India's gross domestic product (GDP) growth has jumped to 7.2 percent in the third quarter of this fiscal from 6.5 percent in the second quarter....

SBI hikes deposit rates; more banks likely to follow as rate cycle moves north

12.15 pm | 28 Feb 2018 |  Source: Moneycontrol.com

Deposit rates have been hiked as seen in the last couple of months as banking sector liquidity has dried up...

SBI falls over 3% amid PSU selloff; Macquarie maintains neutral call

3.02 pm | 27 Feb 2018 |  Source: Moneycontrol.com

The global research firm believes that the near term slippages will remain high in general. Having said that, it also believes that there will be a si...

PNB swindle: SBI hopes to get its dues back

6.45 pm | 26 Feb 2018 |  Source: PTI

"As far as our exposure is concerned on PNB, that number is very much confirmed, calculated and advised to PNB," Kumar said....

Have communicated our claim to PNB with regards to Nirav Modi fraud: SBI 

12.23 pm | 26 Feb 2018 |  Source: CNBC-TV18

The four-day, Kotak Institutional Equities-Chasing Growth Conference is underway in Mumbai. In an interview to CNBC-TV18, Rajnish Kumar, Chairman of S...

Looks like there is an earnings recovery happening: Sanjeev Prasad 

11.07 am | 26 Feb 2018 |  Source: CNBC-TV18

In an interview with CNBC-TV18, Sanjeev Prasad, Managing Director and Co-Head of Kotak Institutional Equities shard his views and outlook on the marke...

Co-brandings with e-tailers not up to expectation: SBI chief

7.28 pm | 25 Feb 2018 |  Source: PTI

SBI chairman said that despite availability of technology at the bank the volumes were not high as sometimes these e-commerce players themselves provi...

Rate decision: The fineprint 

6.22 pm | 21 Feb 2018 |  Source: CNBC-TV18

The Reserve Bank of India (RBI) has released the minutes of the Monetary Policy Committee (MPC) meeting that was held on February 6 and February 7. In...

Amid mega banking fraud, Nomura still positive on PNB, besides SBI, BoB

11.35 am | 21 Feb 2018 |  Source: Moneycontrol.com

The nature of the alleged scam reduces the confidence level in the bank, and PSUs in general....

Buy State Bank of India, Canara Bank, Union Bank of India: Ashwani Gujral 

1.50 pm | 20 Feb 2018 |  Source: CNBC-TV18

Ashwani Gujral of ashwanigujral.com recommends buying State Bank of India, Canara Bank and Union Bank of India....

Five of top-10 firms take Rs 38,724 cr hit in m-cap

11.35 am | 18 Feb 2018 |  Source: PTI

The combined market valuation of five of the 10 most valued companies fell by Rs 38,724.25 crore last week, with SBI being the worst hit....

Indian Banks Association discusses PNB fraud

8.37 pm | 17 Feb 2018 |  Source: PTI

The meeting of the Indian Banks Association (IBA) was attended by senior officials of public and private sector lenders, sources said this evening....

Banking sector fires up this week: Tata pips JSW, RBI overhauls NPA scheme and PNB unearths Rs 11,400 cr scam

1.52 pm | 17 Feb 2018 |  Source: Moneycontrol.com

Banking sector is always buzzing. This week, the buzz was louder with Punjab National Bank revealing one of the biggest scams in the industry amountin...

SBI to issue shares to govt for Rs 8,800 cr capital infusion

8.59 pm | 16 Feb 2018 |  Source: PTI

State Bank 0f India today said it will issue equity shares to government at a price of Rs 300.82 a piece against a capital infusion of over Rs 8,799.9...

Exit SBI, says Prakash Gaba 

4.04 pm | 16 Feb 2018 |  Source: CNBC-TV18

Prakash Gaba of prakashgaba.com is of the view that one may exit State Bank of India....

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