Moneycontrol PRO
you are here: HomeNewsSbi
Jump to
  • Nifty earnings estimates revised downward every year since FY12. Will it be different for FY24? June 01, 2023 08:58 AM IST

    Nifty earnings estimates revised downward every year since FY12. Will it be different for FY24?

    And even if the headline estimates were met, the earnings breadth remained poor

  • SBI slides marginally by 2% as it turns ex dividend May 31, 2023 10:33 AM IST

    SBI slides marginally by 2% as it turns ex dividend

    During the announcement of its March quarter results, SBI declared a dividend of Rs 11.30 per share for the fiscal year 2023 against Rs 7.10 a share in FY22.

  • Rs 2,000 notes: Most banks insist on customers filling separate forms for note exchange May 29, 2023 07:33 PM IST

    Rs 2,000 notes: Most banks insist on customers filling separate forms for note exchange

    Banks want to track multiple exchanges of Rs 2,000 notes in case of future enquiries.

  • Delhi HC reserves order in PIL against exchange of Rs 2,000 banknote without requisition slip, identity proof May 23, 2023 11:57 AM IST

    Delhi HC reserves order in PIL against exchange of Rs 2,000 banknote without requisition slip, identity proof

    Lawyer Ashwini Kumar Upadhyay contended in his plea that notifications by RBI and SBI in this regard are arbitrary, irrational and offend Articles 14 of the Constitution of India.

  • Jet Airways case: NCLAT to pronounce orders in consortium’s plea against SBI on May 30 May 22, 2023 03:24 PM IST

    Jet Airways case: NCLAT to pronounce orders in consortium’s plea against SBI on May 30

    Jet Airways was grounded in April 2019 over piling losses and debt of about Rs 8,000 crore. In October 2020, the airline's Committee of Creditors (CoC) approved the revival plan submitted by the Jalan-Kalrock consortium.

  • No form or identity proof needed to exchange Rs 2,000 notes, says SBI May 22, 2023 07:42 AM IST

    No form or identity proof needed to exchange Rs 2,000 notes, says SBI

    The clarification comes after a 'requisition form' started doing the rounds on social media, with claims that the slip would have to be filled to exchange or deposit Rs 2,000 notes. The 'form' also asked for a proof of identity.

  • Jet Airways case: NCLAT to hear consortium’s plea to stop SBI from invoking bank guarantee on May 22 May 19, 2023 07:28 PM IST

    Jet Airways case: NCLAT to hear consortium’s plea to stop SBI from invoking bank guarantee on May 22

    As per the order of National Company Law Tribunal (NCLT) from January 13 the the Consortium was supposed to make the first tranche of the payment to Jet's lenders before May 15. However, the consortium is yet to make the payments.

  • SBI: Firing on all cylinders, offers best risk-reward May 19, 2023 09:44 AM IST

    SBI: Firing on all cylinders, offers best risk-reward

    Profit performance aided by a strong loan growth, higher margins, and a sharp fall in provisions

  • LIVE: Will Nifty rebound to 18,200 levels? | Interglobe, USL, SBI in focus | Opening Bell May 19, 2023 09:05 AM IST

    LIVE: Will Nifty rebound to 18,200 levels? | Interglobe, USL, SBI in focus | Opening Bell

    Markets have witnessed selling pressures for the last 3 consecutive trading sessions. Tailing global cues and on the back of earnings support, will the bulls strike back remains to be seen. The stocks that would hog the limelight include Interglobe Aviation, State Bank of India, United Spirits, Pfizer amongst others. Catch Nickey Mirchandani in conversation with Siddhartha Khemka · VP - Head of Research (Retail) at Motilal Oswal Financial Services Ltd and Aamar Deo Singh. Senior Vice President - Equity, Commodity & Currency at AngelOne

  • Did SBI, ITC & Indigo Q4 numbers beat Street estimates? Market Minutes May 19, 2023 08:20 AM IST

    Did SBI, ITC & Indigo Q4 numbers beat Street estimates? Market Minutes

    In this episode of Market Minutes, Shailaja Mohapatra talks March quarter numbers of ITC, SBI and Interglobe Aviation. (With inputs from Sucheta Anchaliya). Also, catch Omkar Tanksale of Axis Securities in Voice of the Day segment. Market Minutes is a morning podcast that puts the spotlight on hot stocks, keys data points and developing trends

  • Moneycontrol Daily: Your Essential 7 May 19, 2023 06:12 AM IST

    Moneycontrol Daily: Your Essential 7

    A daily round-up of the most interesting articles to help jump-start the day.

  • Expected credit loss is fiction for now; SBI equipped to deal with it: SBI Chairman Dinesh Khara May 18, 2023 04:57 PM IST

    Expected credit loss is fiction for now; SBI equipped to deal with it: SBI Chairman Dinesh Khara

    RBI floated a discussion paper to move the banking system’s provisioning principles from the current ‘incurred loss’ approach to a new ‘expected credit loss’ (ECL) approach.

  • SBI wants to tap all international opportunities in GIFT City branch: Chairman May 18, 2023 03:53 PM IST

    SBI wants to tap all international opportunities in GIFT City branch: Chairman

    The bank had in April 2022 raised $500 million through its IFSC Gift City branch in Gandhinagar, Gujarat

  • LIVE: Sensex, Nifty erase early gains; SBI, ITC & Teamlease in focus | Closing Bell May 18, 2023 03:36 PM IST

    LIVE: Sensex, Nifty erase early gains; SBI, ITC & Teamlease in focus | Closing Bell

    Indian benchmark indices erased early gains to extend their losing streak for the third session. Nifty heavyweights SBI reported their Q4 results. SBI posted a record 83% jump in profit. The cigarette-to-soap conglomerate ITC will also report it's Q4 results today. Nandita Khemka share the newsmakers on her radar including, SBI, ITC & Teamlease on Closing Bell.

  • SBI posts record Q4 net profit: Key highlights from earnings May 19, 2023 07:56 AM IST

    SBI posts record Q4 net profit: Key highlights from earnings

    State Bank of India Q4 result: The public-sector lender reported a 83 percent jump in net profit for the quarter ended March 31, 2023 to Rs 16,694 crore.

  • SBI Q4 result: Net profit climbs 83% to Rs 16,695 crore May 18, 2023 02:24 PM IST

    SBI Q4 result: Net profit climbs 83% to Rs 16,695 crore

    SBI Q4 result: The board has recommended a dividend of Rs 11.30 per equity share for FY23, which will be paid on June 14

  • LIVE: Will Nifty snap 2-day losing streak?; SBI & ITC in focus | Opening Bell May 18, 2023 09:12 AM IST

    LIVE: Will Nifty snap 2-day losing streak?; SBI & ITC in focus | Opening Bell

    The market is likely to open marginally higher on Thursday as the SGX Nifty indicates a positive start for Dalal Street. Vedant Fashions, Jubilant Foodworks, DRL amongst others will be on the radar today. State Bank Of India, Interglobe Aviation, ITC will post their Q4 results today. Catch @onlynickey in conversation with Chandan Taparia, Head - Technical & Derivatives Research at Motilal Oswal on Opening Bell

  • Market Live: SBI, ITC Q4 earnings today - What to expect? MM Forgings, Vedant Fashions in focus May 18, 2023 08:42 AM IST

    Market Live: SBI, ITC Q4 earnings today - What to expect? MM Forgings, Vedant Fashions in focus

    Nifty slipped below the 18,200 mark as markets continue to consolidate at higher levels. Will the index manage to stage a comeback on weekly expiry day? Meanwhile some big numbers lined up today as SBI & ITC report Q4 earnings today. SBI could report an over 65 percent uptick in profit while ITC’s cigarette volume growth is pegged at around 13 percent in the quarter gone by. CNBC-TV18’s Mangalam Maloo gives us a lowdown on what to expect from the conglomerate this time around. Meanwhile Vedant Fashions, MM Forgings are some of the other stocks in focus today. We discuss the cues for trade and a whole host of stocks with Nirav Chheda of Nirmal Bang. Watch!

  • Short Call | SBI Card, Car Trade, Cement, Steel, and Poor Charlie’s admission May 02, 2023 08:36 AM IST

    Short Call | SBI Card, Car Trade, Cement, Steel, and Poor Charlie’s admission

    Decent set of quarterly earnings, record tax collections, low probability of RBI hiking rates and heavy FII purchases have tilted the game in favour of the bulls for now

  • Mcap of nine of top-10 most valued firms jumps Rs 1.84 lakh crore; Reliance Industries, SBI shine April 30, 2023 12:53 PM IST

    Mcap of nine of top-10 most valued firms jumps Rs 1.84 lakh crore; Reliance Industries, SBI shine

    Last week, the BSE benchmark jumped 1,457.38 points or 2.44 per cent. Hindustan Unilever Limited was the only laggard from the top-10 pack. The market valuation of Reliance Industries zoomed Rs 48,238.78 crore to Rs 16,37,408.27 crore.

  • Fitch, S&P ratings assign ‘BBB’ ratings on State Bank of India’s senior unsecured bonds April 25, 2023 06:05 PM IST

    Fitch, S&P ratings assign ‘BBB’ ratings on State Bank of India’s senior unsecured bonds

    The U.S. dollar-denominated senior unsecured notes will be part of the India-based bank's US$10 billion medium-term note program, agencies said.

  • SBI economist rejects Viral Acharya's claim that big firms are behind high core inflation April 24, 2023 04:19 PM IST

    SBI economist rejects Viral Acharya's claim that big firms are behind high core inflation

    In March, Acharya - formerly a deputy governor of the RBI - had said in a paper that India's core inflation was persistent and elevated due to the pricing power of its large firms and recommended they be broken up

  • MC Exclusive | Old lady in viral video shared by FM wasn’t walking to an SBI branch April 22, 2023 03:57 PM IST

    MC Exclusive | Old lady in viral video shared by FM wasn’t walking to an SBI branch

    According to her family members, the woman was walking home from her daughter's house.

  • Top bankers never retire! Fintechs rope in veteran bankers to build brand, trust April 22, 2023 07:37 AM IST

    Top bankers never retire! Fintechs rope in veteran bankers to build brand, trust

    Some experts also suggested that when fintech companies hire a veteran banker, a certain goodwill also comes along.

  • Elderly woman walks barefoot with a chair to collect pension, SBI responds to Nirmala Sitharaman's query April 21, 2023 05:07 PM IST

    Elderly woman walks barefoot with a chair to collect pension, SBI responds to Nirmala Sitharaman's query

    SBI responded to Nirmala Sitharaman stating that they are equally pained to see the video and that they have resolved the issue by providing doorstep delivery of her pension and a wheelchair.