Tue, Dec 31, 2024
SBI Amrit Vrishti Scheme: The State Bank of India's FD scheme is available till March 31, 2025. The public lender offers general citizens a 7.25 per cent interest rate on the 444-day Amrit Vrishti scheme, while senior citizens get 7.75 per cent interest.
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Sun, Dec 22, 2024
SBI, Bank of Baroda, and Bank of India offer 5-year fixed deposits (FDs) with different interest rates. Each has its benefits, helping one grow savings securely over five years. Let’s find out what general and senior citizens get on Rs 8 lakh investments in a 5-year FD scheme.
Wed, Dec 18, 2024
Amara has been associated with public lender for almost three decades. Began his career in 1991 as a SBI probationary officer, he has held various key positions, including chief general manager of SBI’s Bhopal Circle, where he oversaw operations in Madhya Pradesh and Chhattisgarh.
Sun, May 07, 2023
Market Capitalisation: The combined market capitalisation (mcap) of four of the top 10 valued companies listed on the BSE faced a combined loss of Rs 56,006.15 crore last week. HDFC twins taking the biggest hit.
Tue, Apr 11, 2023
The state lender plans to use the funds in augmenting Additional Tier 1 Capital and the overall capital base of the bank and strengthening capital adequacy in accordance with RBI Guidelines.
Wed, Mar 15, 2023
Earlier, changing the branch of your bank used to be a hectic process. This included visiting the branch, filling out several forms, standing in long queues and then waiting for several days to get the account transferred.
Fri, Mar 03, 2023
SBI is still the largest single shareholder in Yes Bank. The bank holds 26.14 per cent stake in Yes Bank. The lock-in period will end on March 13.
Wed, Mar 01, 2023
The BSE Sensex advanced 448.96 points or 0.76 per cent to settle at 59,411.08 after a positive beginning and the NSE Nifty climbed 146.95 points or 0.85 per cent to end at 17,450.90.
Fri, Feb 17, 2023
SBI Amrit Kalash: Deposits under the scheme by senior citizens will attract an interest rate of 7.6 per cent while others will get 7.1 per cent return.
Thu, Feb 16, 2023
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).
Wed, Feb 15, 2023
India's largest public sector lender, State Bank of India (SBI) has hiked interest rates by 5 bps to 25 bps on fixed deposits below ₹2 crore with effect from February 15.
SBI MCLR: SBI's decision to hike MCLR follows the 25 basis point increase in the repo rate by the Reserve Bank of India (RBI) to 6.50 per cent last week.
Thu, Feb 09, 2023
SBI reported its highest-ever quarterly Profit After Tax (PAT) in December quarter at Rs 142 billion on continued strong margin uptick and reversal of MTM provisions, partly offset by higher standard asset provisions, Emkay said in its report
Mon, Feb 06, 2023
SBI Chairman Dinesh Khara Exclusive Interview: This could be the last interest rate hike before the Reserve Bank of India (RBI) decides to put pause further hikes, State Bank of India Chairman Dinesh Kumar Khara told Zee Business in an exclusive interview.
Fri, Feb 03, 2023
Speaking to reporters after the announcement of results, SBI Chairman Dinesh Khara clarified that the non-fund exposure is limited to letters of credit and performance bank guarantees, and is not related to any equity raising or acquisition activities of the Gautam Adani-led group
Wed, Jan 04, 2023
Shares of Equitas Holdings, the promoter of Equitas SFB, also touched a new 52-week high of Rs 136.60, after gaining almost 6 per cent on the BSE in intra-day trade today.
Thu, Dec 29, 2022
Nilesh Jain, who is Assistant Vice President - Lead Derivative and Technical Research at Centrum Broking, recommended buying SBI shares for targets of Rs 630 and Rs 650, estimating a 7 per cent upside from current levels. The support, he said, is at Rs 585
Tue, Dec 27, 2022
The extensive rally of state-owned banks can be attributed to a turnaround with comfort on asset quality; reversal of treasury losses, and credit growth pick-up among other factors.
Fri, Dec 16, 2022
SBI Credit Card: It is worth mentioning that SBI Cards revised charges on EMI transactions from November 15, 2022.
Fri, Dec 09, 2022
Various brokerage companies recommendation on different banking shares for this week. In this video know share name and target price. You can add these shares in your portfolio.
Sun, Nov 27, 2022
Chairman of the country's biggest lender State Bank of India (SBI) Dinesh Khara on Saturday asserted that analysts and broking houses are praising the financial performance of the bank which reported its highest profits recently.
Fri, Nov 25, 2022
In the July-September quarter of this financial year, most of the commercial banks have performed well. Zee Business highlights how banks have performed on Q2 of FY23
Sat, Nov 19, 2022
While the government-owned State Bank of India (SBI) and leading private banks have addressed their asset quality challenges, the same cannot be said about many other Indian public sector banks (PSB), said S&P Global Ratings in its latest research report on the global banking scene.
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