State Bank-of-india

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State Bank-of-india - Total results - 748
Yes Bank scam: CBI issues look out circular against Rana Kapoor, his family members to prevent them from leaving country
Business

Yes Bank scam: CBI issues look out circular against Rana Kapoor, his family members to prevent them from leaving country

The CBI on Monday issued a look out circular against seven accused in the Yes Bank scam, including its co-founder Rana Kapoor and his family members, to prevent them from leaving the country, officials said

Financial audits failed repeatedly, govt should make cost accounting must to check bank NPAs: ICMAI
Business

Financial audits failed repeatedly, govt should make cost accounting must to check bank NPAs: ICMAI

Financial audits have failed repeatedly and the government should make cost accounting mandatory to keep a tab on non-performing assets at lenders, which can prevent cases like Yes Bank, the Institute of Cost Accountants of India (ICMAI) said on Monday

Yes Bank administrator Prashant Kumar says hopeful of moratorium being lifted this week
Business

Yes Bank administrator Prashant Kumar says hopeful of moratorium being lifted this week

RBI-appointed Yes Bank administrator Prashant Kumar on Monday said the lender is working to restore all banking services for its customers as as soon as possible

Yes Bank case: NSE members body urges RBI to consider exempting capital market transactions
Business

Yes Bank case: NSE members body urges RBI to consider exempting capital market transactions

Stock brokers association ANMI has urged the RBI to relax conditions of moratorium imposed against Yes Bank for payments by the private lender's account holders against their outstanding capital market transactions

Yes Bank insolvency may tighten credit market, widen economic pain in India: S&P Global Ratings
Business

Yes Bank insolvency may tighten credit market, widen economic pain in India: S&P Global Ratings

S&P Global Ratings on Monday said quick resolution of Yes Bank's insolvency will keep India's banking sector contagion at bay, but as credit markets tighten there could be a possibility of wider economic pain in the country

Yes Bank shares zoom over 32% after SBI announces 49% stake buy in cash-strapped lender for Rs 2,450 cr
Business

Yes Bank shares zoom over 32% after SBI announces 49% stake buy in cash-strapped lender for Rs 2,450 cr

Shares of Yes Bank on Monday zoomed over 32 percent after State Bank of India (SBI) said it will pick up 49 percent stake in the cash-strapped lender for Rs 2,450 crore

Yes Bank administrator Prashant Kumar says working to revive lender 'well before' moratorium period ends
Business

Yes Bank administrator Prashant Kumar says working to revive lender 'well before' moratorium period ends

Yes Bank's RBI-appointed administrator Prashant Kumar on Friday said a solution is being worked upon the revive the lender well before the moratorium period of 30 days ends

Yes Bank crisis: Distress calls, long queues at branches of private lender post RBI withdrawal cap
Business

Yes Bank crisis: Distress calls, long queues at branches of private lender post RBI withdrawal cap

Distress calls and long queues of customers were witnessed at various branches of Yes Bank after the Reserve Bank of India put a withdrawal limit of Rs 50,000 on Thursday, as the cash-starved private sector lender comes under moratorium for one month

Yes Bank crisis: RBI unveils 'Scheme of Reconstruction'; says SBI has shown interest in investing cash-strapped private lender
Business

Yes Bank crisis: RBI unveils 'Scheme of Reconstruction'; says SBI has shown interest in investing cash-strapped private lender

The RBI on Friday said the State Bank of India (SBI) has expressed willingness to invest in crisis-ridden Yes Bank

SBI Cards IPO subscribed 22.45 times on final day of bidding, receives bids for Rs 2 lakh cr
Business

SBI Cards IPO subscribed 22.45 times on final day of bidding, receives bids for Rs 2 lakh cr

The initial public offer of SBI Cards and Payment Services was subscribed 22.45 times on the final day of bidding on Thursday

SBI Cards IPO subscribed 15.15 times so far on third day of bidding; public offer closes tomorrow
Business

SBI Cards IPO subscribed 15.15 times so far on third day of bidding; public offer closes tomorrow

SBI Cards and Payment Services initial public offer was subscribed 15.15 times so far on the third day of bidding on Wednesday

SBI managing director Dinesh Khara says measures taken by govt will boost economic growth
Business

SBI managing director Dinesh Khara says measures taken by govt will boost economic growth

Slowdown in the Indian economy has bottomed out and measures taken by the government in the recent budget to improve capacity to spend in rural sector, infrastructure creation and inviting foreign investments will boost growth, State Bank of India Managing Director Dinesh Khara has said

CNBC-TV18 all set to host 15th edition of India Business Leader Awards on 28 February; selection of winners a challenging task
Business

CNBC-TV18 all set to host 15th edition of India Business Leader Awards on 28 February; selection of winners a challenging task

The India Business Leader Awards honours high-achievers, outstanding leaders and true visionaries of corporate India.

SBI Cards and Payment Services sets IPO price band at Rs 750-755; maiden public offer to open on 2 March
Business

SBI Cards and Payment Services sets IPO price band at Rs 750-755; maiden public offer to open on 2 March

The second largest card issuer SBI Cards & Payment Services, which is hitting the primary market with a Rs 9,000-crore initial public offering, has set the price band for the share sale at Rs 750-755

India needs to double credit growth to 15% to achieve $5 trillion economy target by FY25: Bankers
Business

India needs to double credit growth to 15% to achieve $5 trillion economy target by FY25: Bankers

Prime Minister Narendra Modi on Thursday underlined the need for working together to make India a $5 trillion economy, while stressing that the government has been able to maintain macroeconomic stability amid tough global environment.

SBI consolidated net profit jumps 41% to Rs 6,797 cr in Q3 on lower provisioning; gross NPAs fall to 6.94%
Business

SBI consolidated net profit jumps 41% to Rs 6,797 cr in Q3 on lower provisioning; gross NPAs fall to 6.94%

The country's largest lender SBI on Friday reported a 41 percent jump in net profit to Rs 6,797.25 crore in the October-December quarter this fiscal compared to Rs 4,823.29 crore in the year-ago period

UK court orders sale of Force India yacht linked to Vijay Mallya; proceeds to be used to pay back Qatar National Bank loan
Business

UK court orders sale of Force India yacht linked to Vijay Mallya; proceeds to be used to pay back Qatar National Bank loan

During court proceedings, brought by the bank in the Admiralty Division of the High Court in England, it had been claimed that liquor tycoon Mallya's son Siddharth was the ultimate beneficial owner of the yacht.

Collaboration using blockchain technology is key to solving a lot of systemic issues in banking sector says IBM's Jitan Chandanani
News & Analysis

Collaboration using blockchain technology is key to solving a lot of systemic issues in banking sector says IBM's Jitan Chandanani

In the first phase of this network, the banks set up a live network for supply-chain vendors across India to register themselves

SBI, Union Bank to sell NPAs of Rs 2,836 crore to banks, ARCs through e-auctions this month
Business

SBI, Union Bank to sell NPAs of Rs 2,836 crore to banks, ARCs through e-auctions this month

SBI said it will sell two NPAs—Rohit Ferro Tech with an outstanding amount of Rs 1,313.67 crore and Impex Ferro Tech with dues of Rs 200.67 crore, on 17 January

Air India building sale: Crisis-hit airline may seek stand of new govt in Maharashtra on iconic Nariman Point tower
Business

Air India building sale: Crisis-hit airline may seek stand of new govt in Maharashtra on iconic Nariman Point tower

After the previous state government had expressed interest in the building, Air India had deferred the plan to sell the landmark building.