Rummy loss: SBI staffer siphons Rs 34 lakh
DCB sources said Pandian had forged documents and transferred the misappropriated funds to his personal accounts in Canara Bank and Bank of Baroda.
SBI hikes key lending rates by 70 basis points
The country’s largest lender, State Bank of India (SBI), has decided to raise the benchmark prime lending rate (BPLR) by 70 basis points (or 0.7%) to 14.85% from March 15.
Man who cheated SBI of Rs 82 lakh in loan scam arrested after five years
Bank officials forwarded the loan application to another team. Jeyachandran and Rameshkumar Natarajan of the team approved the loan.
TNeGA, SBI ink deal, govt online payments set to get cheaper
The aim is to create common payment aggregator (SBIepay) for e-governance applications of various departments.
TSBIE cancels Narsingi Chaitanya college’s affiliation
Members of the Sri Chaitanya management tendered an apology over the death of N Sathwik.
SBI completes USD 1 billion syndicated social loan
Country’s largest commercial bank, State Bank of India (SBI) on Tuesday announced completion of a $1 billion Syndicated Social Loan Facility.
MF industry unfazed by volatility in Adani stocks after Hindenburg report
At a time when many companies have withdrawn or delayed their IPO plans due to Adani-Hindenburg controversy, the mutual fund industry remains unfazed by the volatility in the share market.
Dividend yield mutual funds’ assets to touch 1 lakh crore
Dividend yield funds, which primarily invest in equities of companies that declare dividends regularly, are more tax-efficient than equities with the dividend payout option.
BoB, IOB hike lending rates; SBI marginally ups deposit rates
The latest hikes in the interest rates come days after the Reserve Bank of India (RBI) on February 8 increased the borrowing costs by 25 basis points (bps).
State Bank of India raises lending, deposit rates by 25 bps
The lender has also hiked interest rates by 5 bps to 25 bps on fixed deposits below Rs 2 crore with effect from Wednesday.
TSBIE floats fresh tender for digital evaluation of answer scripts
The last date for submission of the tender issued by the TSBIE earlier in January through e-procurement was February 13.
SBI exposure to Adani Group about Rs 27,000 crore: Chairman
The country’s largest lender has not given loans against shares to the Adani Group companies and SBI will not be impacted by the recent crash in the shares of Adani firms.
SBI Q3 net profit jumps 62 per cent to Rs 15,477 crore
The SBI scrip gained 3.12 per cent to close at Rs 544.45 a piece on the BSE, as against a 1.52 per cent jump on the benchmark.
BRS ready to corner Centre in Parliament: Nama Nageswara Rao
The MP also said that his party will also try to corner the Union government over issues like unemployment, inflation, Women’s Reservation Bill and ‘conspiracy’ against Telangana.
Seven of top-10 firms shed Rs 2.16 lakh cr in market capitalisation; RIL, SBI hit hard
The market valuation of RIL tumbled from Rs 71,003.2 cr to Rs 15,81,601.11 cr, while SBI's valuation tanked Rs 46,318.73 cr to reach Rs 4,82,107.53 cr.
Adani stock fall: LIC, SBI 'lost over Rs 78k cr' in market cap, FM still on 'mute mode', says Cong
LIC, SBI continue to invest in the Adani group even after the Hindenburg research report alleged share price manipulation and financial misappropriation by the group, Cong general secretary claimed.
Sensex, Nifty rally on US job data, buying in IT stocks
After a dismal week in which the benchmarks shed up to 2%, the BSE Sensex and NSE Nifty gained about 1.4% each on Monday.
No K-shaped recovery in India, pandemic a 'leveller' to reduce inequality: SBI
SBI economists said, "in hindsight, the pandemic may have been a leveller in terms of inequality with the poor getting protected through measures such as food transfers."
Hyderabad govt pulls up junior colleges functioning sans affiliation
Show cause notices issued to colleges, 1st year students asked to immediately seek admission in other affiliated colleges
SBI board approves Rs 10,000 crore fundraising via infra bonds
The largest lender in terms of asset size, deposits and customer base will utilise the proceeds to meet its credit demand. This is the second time SBI will issue infrastructure bonds.
Tiger kills 65-year-old woman in Odisha wildlife sanctuary, half-eaten body found
'It's a 40 per cent commission government': Rahul Gandhi slams BJP rule in Karnataka
Income Tax sleuths raid offices, home of businessman Faris Aboobacker over alleged tax evasion
Tamil Nadu Budget: Rs 1,000 aid for women family heads will be launched in Sept 2023, says govt
Maharashtra govt staff to get monetary benefits equivalent to OPS, call off strike
Air India urination case: Victim moves SC seeking zero-tolerance policy for unruly fliers