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  • Jet Airways revival hits new snag as banks push back on funding Dec 06, 2022 04:24 PM IST

    Jet Airways revival hits new snag as banks push back on funding

    Banks, led by SBI, say Jet Airways’ new buyers — Dubai-based businessman Murari Lal Jalan and Florian Fritsch, chairman of London-based Kalrock Capital Management Ltd. — should pay an additional Rs 250 crore ($30.1 million) into the retirement kitty, the people said

  • Cyclical tailwinds to drive further re-rating in PSU banks; prefer BOI, BoB: Morgan Stanley Dec 06, 2022 10:07 AM IST

    Cyclical tailwinds to drive further re-rating in PSU banks; prefer BOI, BoB: Morgan Stanley

    While the strategists believes that the State Bank of India remains the best state-owned bank, they see potential for notably higher stock returns in Bank of India and Bank of Baroda due to much cheaper valuations.

  • SBI surpasses Rs 5 trillion personal banking advances Dec 05, 2022 04:02 PM IST

    SBI surpasses Rs 5 trillion personal banking advances

    The country's largest bank marked the last Rs 1 trillion growth in 12 months

  • SBI's personal banking advances excluding home loans cross Rs 5 lakh-crore mark Dec 05, 2022 03:10 PM IST

    SBI's personal banking advances excluding home loans cross Rs 5 lakh-crore mark

    Personal Banking advances mainly comprise personal loans, pension loans, auto loans, education loans, gold loans, and other Personal loan products, the statement said.

  • Electoral bonds go on sale from tomorrow at 29 branches of SBI Dec 04, 2022 01:10 PM IST

    Electoral bonds go on sale from tomorrow at 29 branches of SBI

    This is the third successive month that electoral bonds are going on sale, which also comes a day ahead of a Supreme Court hearing challenges to electoral bond scheme

  • Why Saurabh Mukherjea is not a fan of PSU Banks Nov 30, 2022 04:57 PM IST

    Why Saurabh Mukherjea is not a fan of PSU Banks

    The founder of Marcellus Investment Managers shuns stocks where the return on equity is consistently below the cost of equity.

  • SBI board approves raising Rs 10,000 crore via infrastructure bonds Nov 29, 2022 03:15 PM IST

    SBI board approves raising Rs 10,000 crore via infrastructure bonds

    On November 24, the SBI's Executive committee of the Central Board consider raising funds through the issuance of infrastructure bonds worth up to Rs 10,000 crore during FY23.

  • SBI reports highest profit, broking houses lauding us: Chairman Nov 26, 2022 03:59 PM IST

    SBI reports highest profit, broking houses lauding us: Chairman

    For the first time, SBI registered the highest-ever profits recorded by any corporate house, Khara said. ”In the recent quarterly results, the bank’s profits are the highest ever. SBI crossed the highest ever profits recorded by any corporate and analysts and broking houses are praising this,” he said.

  • SBI will continue to maintain asset quality even as loans boom: Chairman Dinesh Kumar Khara Nov 23, 2022 10:17 PM IST

    SBI will continue to maintain asset quality even as loans boom: Chairman Dinesh Kumar Khara

    Speaking at an economics conclave organised by SBI, Khara also exuded confidence that the country's banking system will be able to maintain its high loan growth as banks have internalised learnings from the last high growth cycle.

  • 9th SBI Banking & Economics Conclave: Experts bullish about Indian economy's 'Amrit Kaal' Nov 23, 2022 10:07 PM IST

    9th SBI Banking & Economics Conclave: Experts bullish about Indian economy's 'Amrit Kaal'

    CNBC-TV18's Shereen Bhan spoke to the panellists at the event about the road ahead for the Indian economy.

  • Banking system better placed to sustain loan growth: SBI chief Nov 23, 2022 09:47 PM IST

    Banking system better placed to sustain loan growth: SBI chief

    Khara said learnings from the last cycle of high loan growth which ultimately led to a huge spurt in sour loans have been internalised by the banking system.

  • Yatra Online gets Sebi's nod to float IPO Nov 19, 2022 12:41 PM IST

    Yatra Online gets Sebi's nod to float IPO

    The proposed IPO comprises a fresh issue of equity shares worth up to Rs 750 crore by Yatra India and an offer for sale (OFS) of up to 9,328,358 equity shares, according to the draft red herring prospectus (DRHP).

  • SBI gets 150 million euro loan from German KfW for solar projects Nov 16, 2022 07:52 PM IST

    SBI gets 150 million euro loan from German KfW for solar projects

    The long-term loan, under the Indo-German solar partnership, will facilitate new and upcoming capacities in the solar sector

  • Market Minutes | All you need to know ahead of the opening bell Nov 14, 2022 07:19 AM IST

    Market Minutes | All you need to know ahead of the opening bell

    In this edition of Market Minutes, N Mahalakshmi talks about the impact of potential change in weightage for HDFC Bank in the MSCI index and how the stock is poised fundamentally compared with rivals ICICI Bank and SBI. Market Minutes is a morning podcast that tracks the risk-reward in stock markets by putting the spotlight on keys data points and developing trends

  • Bank of Maharashtra tops list of PSU lenders in credit growth in Q2 Nov 13, 2022 10:43 AM IST

    Bank of Maharashtra tops list of PSU lenders in credit growth in Q2

    BoM and SBI were in the lowest quartile as far as gross non-performing assets (NPAs) and net NPAs were concerned, according to an analysis of the quarterly financial numbers published by public sector lenders.

  • SBI: Is the elephant dancing on a tin can? Nov 11, 2022 10:35 AM IST

    SBI: Is the elephant dancing on a tin can?

    Growth in lending means the bank will need capital, which analysts say is the next stage that is critical for a rerating of the stock.

  • Current account deficit likely to be lower at 3% this fiscal, says SBI report Nov 10, 2022 05:46 PM IST

    Current account deficit likely to be lower at 3% this fiscal, says SBI report

    Every USD 10 increase in crude prices impacts the Current Account Deficit (CAD) to the tune of 40 basis points while the same on fuel inflation is 50 bps and also results in 23 bps decline in growth, according to Soumyakanti Ghosh, the chief economic advisor at SBI.

  • SBI report says banks inadequately pricing risks as they scurry to garner deposits and lend more Nov 08, 2022 02:39 PM IST

    SBI report says banks inadequately pricing risks as they scurry to garner deposits and lend more

    Liquidity crunch is primarily because the Reserve Bank has been sucking out funds from the system as it fights to tame inflation which has been much above its band of 4 per cent for the past 10 months of the year.

  • SBI shares jump over 3% on strong quarterly earnings Nov 07, 2022 06:25 PM IST

    SBI shares jump over 3% on strong quarterly earnings

    The stock rose 3.44 per cent to settle at Rs 614.20 apiece on the BSE. On the NSE, it climbed 3.34 per cent to finish at Rs 613.80 apiece. In volume terms, 16.79 lakh shares were traded on the BSE and over 4.42 crore shares on the NSE during the day.

  • SBI shares zoom on 74% surge in Q2 net profit; analysts raise targets, estimates Nov 07, 2022 10:02 AM IST

    SBI shares zoom on 74% surge in Q2 net profit; analysts raise targets, estimates

    The credit growth during the quarter was remarkable, beating even some of the top private banks. The largest lender of the country said the loan growth of over 20 percent year-on-year lifted core interest income and also operating profit growth.

  • Stock Market Live: Banking sector's elephant is dancing again Nov 07, 2022 09:02 AM IST

    Stock Market Live: Banking sector's elephant is dancing again

    SBI recorded stellar earnings growth in the September quarter and Santo is rejoicing in the elephant's party but CJ feels there is a better party in town at SBI's cousin. Watch as the duo debate the outlook for SBI plus share their top brokerage bets for the day.

  • Reliance India's best employer; in top 20 worldwide: Forbes Nov 06, 2022 01:44 PM IST

    Reliance India's best employer; in top 20 worldwide: Forbes

    There is no Indian company other than Reliance in the top 100.

  • SBI targeting loan growth of 14%-16% in FY23, says Chairman Dinesh Khara Nov 05, 2022 05:03 PM IST

    SBI targeting loan growth of 14%-16% in FY23, says Chairman Dinesh Khara

    The country's largest lender is seeing demand from infrastructure, renewable power, oil and marketing companies and services sectors, he added

  • State Bank of India records 74% surge in Q2 profit, asset quality improves Nov 05, 2022 01:46 PM IST

    State Bank of India records 74% surge in Q2 profit, asset quality improves

    The largest Indian lender's net interest income rose 12.83 percent and gross bad loan ratio fell to a decade low of 3.52 percent for the September quarter.

  • SBI Q2 Preview | Strong loan growth, lower NPA to lift profits Nov 04, 2022 02:06 PM IST

    SBI Q2 Preview | Strong loan growth, lower NPA to lift profits

    State Bank of India's net interest income will likely show a modest 6 percent growth but lower provisions can push net profit up 39 percent, analysts say