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SBI’s YoY Q4FY21 net profit up over 80%
Lending major SBI on Friday reported a rise of 80.15 percent in its net profit for the Q4FY21 on a year-on-year basis.
Accordingly, the bank's...
Hackers hit SBI users with text phishing scam
Several users of the State Bank of India (SBI) have been targeted with a phishing scam where hackers have flooded them with suspicious text...
FY21 fiscal deficit seen at 7.4% of GDP: SBI Report
India's fiscal deficit in the current financial year is likely to reach 7.4 percent of the GDP on the back of enhanced government expenditure...
SBI offers further interest concession on home loans
With an aim to offer attractive concessions to the home buyers, the country's largest lender, State Bank of India (SBI) has offered further interest...
Expected GST improvement due to traction in economic activity: SBI Ecowrap
The expected improvement in GST collections will occur due to traction in economic activity during the festive month of November, said an SBI Ecowrap...
Board of SBI Card approves raising Rs 1,500 cr via NCDs
The Board of SBI Cards and Payment Services has approved raising of Rs 1,500 crore by issuance of non-convertible debentures (NCD) in one or...
SBI reduces MCLR by 5-10 bps in shorter tenors
State Bank of India (SBI) on Wednesday announced reduction in its marginal cost of funds-based lending rates (MCLR) on loans by 5-10 basis points...
Majority companies report 5% revenue de-growth in Q4FY20: SBI Ecowrap
Almost all companies across sectors have suffered a revenue de-growth of 5 percent for Q4FY20, an SBI Ecowrap report said on Friday.
The report pointed...
New definition will improve credit flow to MSMEs: SBI Chairman
Lending major SBI's Chairman Rajnish Kumar on Saturday said the new definition of MSMEs which includes both turnover and investment limits will lead to...
SBI launches separate vertical for agriculture, micro credit
In a major restructuring exercise, the State Bank of India (SBI), the largest lender of the country, has created a separate FI&MM vertical within...