₹2,000 note withdrawal ‘non-event’; favourable impact on liquidity: SBI
Impact on deposits will be limited; almost the entire amount of ₹3.6 lakh will come back to the banking system, says a report
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Should investors buy, sell or hold SBI shares after Q4 results?
The shares of SBI rose over 2% in intraday trade on Friday after the PSU bank reported 83% jump in net profit.
SBI Q4 profit surges 83% to ₹16,695 crore
SBI's net interest income for Q4 FY23 increased 29.47% YoY to ₹40,393 cr from ₹31,198 cr in year-ago period
SBI board approves $2 bn fundraise via offshore bonds; stock down
Latest fundraising comes a month after the Dinesh Khara-led public sector lender raised ₹3,717 crore through Tier 1 bond at a coupon rate of 8.25%.
SBI moves SC; seeks clarification on fraud accounts
In its plea, filed on April 13, SBI said that default by borrowers has contributed to the weakening of the financial positions of the banks which affects the economy of the country.
SBI board to consider $2bn fundraise in FY24; shares rise 2%
The board of the PSU lender is scheduled to meet on April 18 to consider the fundraising proposal.
Policy action pause by RBI a pleasant surprise: Khara
With uncertainty looming large, this decision was perfectly timed, says SBI chairman Dinesh Khara
Unclaimed deposits on the rise in public sector banks across the country
State Bank of India has the maximum unclaimed deposits of ₹8,086 crore in 2.17 crore accounts.
RBI MPC to pause rate hike in April policy meet: SBI
According to SBI, the stance could continue to be withdrawal of accommodation, even as liquidity is now in deficit mode.
SBI hikes key lending rates across tenors: Check details here
The new rates will be applicable with effect from February 15, 2023.
