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  • Air India secures Rs 14,000 crore loan from SBI, BoB 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 March 27, 2023 10:16 PM IST

    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 March 24, 2023 02:24 PM IST

    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 March 23, 2023 09:55 PM IST

    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 March 23, 2023 10:13 AM IST

    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 March 21, 2023 12:52 PM IST

    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 March 13, 2023 10:12 PM IST

    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 March 09, 2023 06:07 AM IST

    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 March 08, 2023 08:18 AM IST

    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? March 06, 2023 07:18 AM IST

    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 March 06, 2023 11:34 AM IST

    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 March 03, 2023 05:33 PM IST

    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? March 02, 2023 06:37 PM IST

    What is a social-loan market?

  • SBI may look to cut Yes Bank stake once lock-in ends: Sources March 02, 2023 03:10 PM IST

    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 March 01, 2023 06:31 AM IST

    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 February 23, 2023 02:23 PM IST

    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 February 22, 2023 02:41 PM IST

    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 February 21, 2023 03:32 PM IST

    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 February 17, 2023 07:09 AM IST

    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 February 15, 2023 11:29 AM IST

    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 February 13, 2023 03:44 PM IST

    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 February 11, 2023 07:47 PM IST

    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 February 08, 2023 10:05 PM IST

    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 February 08, 2023 03:46 PM IST

    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 February 08, 2023 03:24 PM IST

    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