Wed, Jan 17, 2024
In a shift of positions, Life Insurance Corporation of India (LIC) has regained its status as the most valued listed public sector undertaking (PSU) by market capitalisation, surpassing State Bank of India (SBI). As of Jan 17, LIC reached a market cap of Rs 5.64 lakh crore, exceeding SBI's Rs 5.63 lakh crore.
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Mon, Jan 15, 2024
According to IDBI Capital Markets, although economic momentum likely continued in the October-December period, the RBI’s regulatory action on unsecured portfolios could play spoilsport for the BFSI sector as a whole.
Sun, Jan 07, 2024
The infra lender posted record sanctions and disbursements at Rs 29,171 crore and Rs 13,826 crore, respectively.
Thu, Aug 12, 2021
All 13 stocks on the Nifty PSU Bank index were trading positively around this time. The Biggest gainer was Punjab & Sind Bank whose shares were up almost 4 per cent from the last closing price on Wednesday. The next top gainers were J&K Bank and Indian Overseas Bank (IOB)
Tue, Aug 10, 2021
The two gainers were Canara Bank and Punjab National Bank (PNB). The top three losers were Central Bank, Indian Bank and Indian Overseas Bank (IOB) on Tuesday around this time
Fri, Aug 06, 2021
SBI is also utilising business analytics to develop strategies to penetrate into hitherto untouched Indian towns and cities through merchant centric digital payments solutions
Wed, Aug 04, 2021
State Bank of India, the country`s largest lender by assets, reported a record quarterly profit on Wednesday.
Lot of action in the US markets as S&P makes a new record while Dow and Nasdaq were up by 278 points and 80 points respectively. Meanwhile SGX Nifty was at 16,200 also up. Dow Futures were down 50 points and Nikkei was down by 100 points.
Ahead of its quarterly earnings today, the brokerages expect India’s largest lender — State Bank of India to report robust and strong first-quarter results of the financial year 2021-22 year-on-year.
At the stock markets, the Sensex at the Bombay Stock Exchange shot up 872.73 points, or 1.65 per cent, to end at an all-time high of 53,823.36, on Tuesday, August 3, 2021. The Nifty 50 spurted 245.60 points, or 1.55 per cent, to a record high of 16,130.75.
Sat, Jul 31, 2021
SBI Home Loan Offer: As part of its bumper monsoon offer, the State Bank of India will not charge any processing fee on home loan till a specified period
Fri, Jul 30, 2021
SBI has informed its account holders to link their PAN-Aadhaar card by September 30
Thu, Jul 29, 2021
In the 30 share BSE Sensex, 16 stocks were trading in the green at the end of Thursday’s trading session while the remaining 14 stocks were trading in the red at the closing time. The top 5 gainers on Wednesday at close were Tata Steel, Bajaj Finserv, SBI, HCL Technologies and Sun Pharma while the top 5 losers were Maruti Suzuki, Power Grid, Bajaj Auto, ITC and Dr Reddy’s Lab
Top Stock to Buy – SBI - Technical analyst Nilesh Jain says that State Bank of India share is index heavy weight and any material impact on the index and overall market will be from the movement of SBI shares. This stock is on its way to achieve the target price of Rs 450 on the positional term basis. The higher target is around Rs 500, he adds
Mon, Jul 26, 2021
"As at 15.42 [UK time], I adjudicate Dr Mallya bankrupt," Chief Insolvencies and Companies Court (ICC) Judge Michael Briggs said in his ruling during a virtual hearing of the Chancery Division of the High Court here.
Thu, Jul 22, 2021
SBI shares are Nifty PSU Bank index heavy weight and any material impact on the index and overall market will be from the movement of State Bank of India (SBI) shares. Buying opportunity for investors is on dips. Analust Nilesh Jain gives target prices of Rs 450 and Rs 500
Tue, Jul 20, 2021
Out of 13 stocks on Nifty PSU Bank, 2 advanced while 11 declined. The gainers were Indian Bank and J&K Bank while biggest loser was Indian Overseas Bank (IOB) which fell by almost 5.5% around this time followed by Central Bank which was down 4.8%. Among the PSU Bank heavyweights, SBI was down almost 2% around this time from the last closing
Thu, Jul 15, 2021
Out of the 13 stocks in the index, 4 advanced while 9 were on the decline. The biggest gainer was J&K Bank while the biggest loser was Maharashtra Bank. Among the PSU Bank heavyweights, SBI was marginally up around this time from the last closing. Punjab National Bank (PNB), Canara Bank, and Bank of Baroda (BoB) were trading with negative bias
Mon, Jul 12, 2021
SBI Alert – Account holders of SBI, you must know that fraudsters are on lookout for vulnerable people who can be conned into giving their personal bank details. India’s largest public lender keeps issuing warnings to its account holders warning them of potential threats. It recently warned the customers regarding bogus apps that could lead to massive losses if installed without due verification
Banking stocks were trading in the green on Monday. While the private Banks on Nifty Bank index were trading up, their state-run peers were also trading in a positive territory. At 12:25 pm, Nifty PSU Bank was trading at 2,489.15, up almost 0.8 per cent from the previous closing on Friday
Thu, Jul 08, 2021
The stock markets ended in the red on Thursday – the weekly expiry day. The BSE ended the day at 52,568.94 going down by over 485 points or 0.92 per cent. Meanwhile, the broader market Nifty 50 ended Thursday at 15,726.55, down by 153 points or 0.96 per cent.
Mon, Jul 05, 2021
Monday trading session turned out to be a very good session for the domestic stock markets as they ended in the green. The BSE Sensex closed at 52,880 today, up by over 395 points or 0.75 per cent. Meanwhile, the broader Market NSE Nifty 50 ended at 15,834.35, up by over 112 points or 0.71 per cent. Nifty ended at an intraday high
Sat, Jul 03, 2021
If you are an SBI customer, the State Bank of India has very important update for you.
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