March 30, 2023 09:13 AM IST

Air India secures Rs 14,000 crore loan from SBI, BoB

The funds will support the airline’s efforts to expand into both domestic and international markets with leased aircraft and new planes. A part of the borrowing is also likely to be used to fund the voluntary retirement scheme payouts

Govt gave Rs 8,800 crore capital to SBI without the lender asking for it in FY18: CAG report

"DFS infused Rs 8,800 crore into SBI in 2017-18 for credit growth considering it the largest PSB in the country even though there was no demand. DFS did not conduct assessment of the capital requirement as per its own standard practice before recapitalisation," it said.

Bank deposits and debt MFs 'Overlapping, but not competing,' says SBI Chairman as taxes turn unfavorable for latter

As per proposed amendments, debt funds having not more than 35 percent investment in equity shares would be taxed as per income tax slab level or may be treated as short-term capital gains.

Canara Bank sells stake in Russian joint venture to SBI for Rs 121 crore

Canara Bank, in a regulatory filing, said it has received the entire consideration amount equivalent to Rs 121.29 crore on Thursday for the sale of its stake.

Buy State Bank of India; target of Rs 710: Sharekhan

Sharekhan is bullish on State Bank of India has recommended buy rating on the stock with a target price of Rs 710 in its research report dated March 22, 2023.

Indian banks' valuations look attractive despite global turmoil: Jefferies

Valuation of Indian banks is looking fairly attractive and in some cases stocks trade below the levels during the height of Covid risk despite the fact that global events, especially in the financial sector, have stirred confidence and increased cost of equity capital, Jefferies noted.

Ram Mandir gets Rs 1 crore in donations in a fortnight

Two officials have been appointed by the State Bank of India exclusively for the counting and depositing cash in the Trust’s bank account

SBI mops up Rs 3,717 crore from issuing additional bonds

The State Bank of India (SBI) had earlier planned to raise Rs 7000 through Additional Tier-1 bonds

Women's Day Special | Woman experts on Dalal Street line up top 12 trading ideas

Oberoi Realty seems to be breaking out from a bullish Inverse Head and Shoulders pattern which emerged following a corrective move. The stock has crossed above the 200-DMA (daily moving average) which stands at Rs 876 and this DMA was almost acting as a proxy neckline for this formation.

Trade Spotlight | What's your strategy for Varun Beverages, State Bank of India, PB Fintech?

PB Fintech was also in focus, rising 6.5 percent to Rs 598, the highest closing level since June 27 last year, after consolidation in previous four trading sessions with sustaining above 200-day EMA (Rs 546). The stock has formed long bullish candle on the daily scale with above average volumes.

Analyst Call Tracker | With all buy calls, Adani Ports tops the ‘Maximum Optimism’ list

It has 21 buy calls and zero sell or hold calls, indicating 100 percent optimism on Moneycontrol’s Analyst Call Tracker for February

Gainers & Losers: 10 stocks that moved the most on March 3

About 2,113 shares advanced, 1,307 shares declined, while 122 scrips remained unchanged on March 3

What is a social-loan market?

SBI may look to cut Yes Bank stake once lock-in ends: Sources

SBI, India's largest bank, does not want to permanently retain a stake in Yes Bank and would want to trim its holdings, albeit in phases, one of the sources told Reuters on condition of anonymity.

SBI forays into social loan market, raises $1 billion from markets abroad

In a statement, the bank said the loan is of USD 500 million of primary issue and an equal amount in greenshoe option. It is also the maiden such issuance from the nation's largest lender.

Indian banks may face rise in bad loans from retail, small businesses: SBI official Ashwini Kumar Tiwari

While loans to this segment have been growing fast, defaults have thus far been few.

Bank asset quality to improve on expected fall in fresh slippages, say analysts

The gross bad loans of scheduled commercial banks reduced to 4.5 percent as of December 31, 2022 from 6.6 percent in the year-ago period

Investors’ love affair with bank stocks cools as earnings are set to moderate

One trigger that unnerved investors was the Hindenburg Research report, flagging the exposure of Indian banks, especially public sector banks, to the Adani Group

RBI tweaks NEFT, RTGS rules for daily reporting of foreign remittances

Under the FCRA, foreign contributions must be received only in the "FCRA account" of State Bank of India (SBI), New Delhi Main Branch (NDMB).

SBI loans to get costlier as bank hikes MCLR rates by 10 bps across tenure

Overnight MCLR increased to 7.95 percent from 7.85 percent, and one-month and three-month MCLR rose to 8.10 percent from 8.00 percent.

Adani needs to maintain 140% collateral, says SBI as three group firms pledge additional shares

In an exclusive interview with CNBC-TV18, Swaminathan J, MD Corporate Banking and Subsidiaries at SBI said the Adani Group has pledged additional shares in favour of SBICAP Trustee as the group companies are required to maintain 140 percent collateral as per one of the covenants relating to existing loan and hence the top up.

Adani group firms pledge additional shares for key lender

Adani Ports and Special Economic Zone, Adani Transmission Ltd, and Adani Green Energy Ltd pledged shares to SBICAP Trustee Co, the firm said in filings to the Bombay Stock Exchange on Friday.

Buy State Bank of India; target of Rs 663: LKP Research

LKP Research is bullish on State Bank of India has recommended buy rating on the stock with a target price of Rs 663 in its research report dated February 06, 2023.

Buy State Bank of India; target of Rs 710: Sharekhan

Sharekhan is bullish on State Bank of India has recommended buy rating on the stock with a target price of Rs 710 in its research report dated February 03, 2023.

SBI's Dinesh Khara on Adani Group issue: Foreign banks have not taken any guarantee

Sources with the State Bank of India (SBI) said that they have not seen any default by Adani Group in the past