sbi

Seven of top-10 firms add Rs 1.42 lakh crore in m-cap; RIL shines

Market mood was buoyant after the BJP won over 300 seats on its own out of 542 seats in the Lok Sabha elections.

SBI to engage with 1 lakh customers on Tuesday to resolve concern, seek suggestion

Under this initiative, customers can interact with the bank staff to discuss their concerns and share feedbacks and suggestions on the bank's products and services, it said in a release.

Cannot release funds to pay Jet Airways staff, says SBI

Jet Airways, which has around 22,000 employees, has not paid its staff salaries since March.

Jet Airways' employees hold protest outside Civil Aviation Ministry

The protests come amid the State Bank of India-led consortium of lenders struggling to find a buyer for the airline which ceased operations around mid-last month due to acute liquidity crisis.

Cash Market | Multiple buy signals in SBI

SBI has given a buy signal on multiple parameters despite weakness in the market

From a professor to an aviation startup: Meet Jet Airways' newest bidders

These bidders submitted their offers for Jet Airways and the same will now be assessed by the lenders for viability and seriousness to revive the airline, which ended its operations on April 17

After collapse of Jet Airways and IL&FS, PSBs set aside Rs 50,000 crore provisions

The amount reflects the magnitude of the issue of non-performing assets (NPAs) in the banking sector.

ATMs getting fewer and far in between? Here's why

SBI shut 1,000 ATMs in the first half of FY18 and the trend will continue as banks increasingly look to digital solutions and mobile apps to keep up with evolving banking infrastructure.

Chart of the Day | SBI leading indicator points to sharp slowdown

SBI’s composite leading indicator now at much lower level than in March 2014 quarter

Sri Sri Tattva ties up with SBI, will sell products on YONO

The company is offering a flat 15% discount across its products for users of YONO.

Overall loan growth will be 12% in FY20: SBI chief Rajnish Kumar

He also said that deposit growth has slowed down to 8% YoY.

Is the worst over for SBI? Brokerages see up to 30% upside post Q4 result

CLSA maintained its buy rating on SBI post March quarter results but raised its target price to Rs 390 from Rs 380 earlier.

Ideas for Profit | SBI: Profits in FY20 likely to surge on improving asset quality; buy

Banking wrap: SBI cuts lending rates, RBI withdraws mandate to disclose IL&FS exposure

SBI, ICICI Bank expect lower slippages in the current financial year.

Etihad Airways confirms bid for Jet Airways, subject to conditions

UAE-based carrier has been working with key stakeholders in India for the past 15 months to help find a solution to ensure Jet's return as a viable and competitive airline.

Etihad Airways likely to bid for Jet Airways stake sale 

SBI Capital Markets that has been given the mandate to oversee the stake sale process for Jet Airways, has also received two bids from other interested parties.

First Cut | SBI Q4 earnings marred by higher provisions, but asset quality improves

On the asset quality front, slippages to non-performing assets (NPA) was contained at Rs 7,500 crore, which was encouraging

SBI Consolidated March 2019 Net Interest Income (NII) at Rs 25,347.22 crore, up 15.36% Y-o-Y

D-St Buzz: Nifty Metal drags as Tata Steel tanks 7%; Zee Ent jumps 4%, SBI rises

The top Nifty gainers include Zee Entertainment, State Bank of India, Bharti Airtel, Adani Ports and Titan Company while Tata Steel, HCL Tech, YES Bank, IndusInd Bank and Indian Oil Corporation are the top losers.

SBI Standalone March 2019 Net Interest Income (NII) at Rs 22,953.83 crore, up 14.92% Y-o-Y

SBI cuts MCLR by 5 bps across tenors

SBI had last reduced its MCLR by 5 basis points on April 10.

SBI Q4 preview: Brokerages expect strong profit on lower provisions, higher NII

Asset quality on sequential basis is expected to improve with slippages either likely to be steady or lower compared to previous quarter, brokerages said

Options Trade | An Iron Condor trade in SBI

An Iron Condor trade ahead of SBI results

'Short-term traders can sell Nifty below 11,630 with stop loss at 11,700'

Contra traders should look for short selling opportunity around 11,750/11,760 with a final stop loss at 11,810

Liabilities of Jet Airways big worry for potential investors: SBI chief Rajnish Kumar

Competition in the domestic aviation market, rising fuel prices among other issues pushed Jet into financial distress so severe that it was forced to shut down last month.