TCS most valuable Indian brand; HDFC Bank, Infosys in top 3
Overall value of the most valuable Indian brands is down 4% on 2022 levels, though a relatively small dip compared global brands, says Kantar BrandZ Top 75 report
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RBI imposes penalty worth ₹4.7 cr on SBI, 3 others; cancels Kapol Co-operative Bank licence
RBI fines SBI with a penalty worth ₹1.30 cr for violations in ‘Loans and Advances’ and ‘Intra-Group Transactions’ rules
SBI raises ₹10,000 crore via infra bonds; stock falls
SBI’s infra bonds had a base issue size of ₹4,000 crore and a greenshoe option of ₹6,000 crore.
SBI tops Sensex losers’ chart despite record profit in Q1; here’s why
SBI shares ended 2.94% lower at ₹573.25 on the BSE amid surge in selling activities post Q1 results.
SBI records highest-ever Q1 profit at ₹16,884 cr; NII surges 25%
SBI's gross NPA ratio was at 2.76%, down by 115 bps YoY, while the net NPA ratio was recorded at 0.71%, down 29 bps on a year-on-year basis
India to be world's 3rd largest economy by FY28: SBI
For Q1 FY2023-24, economists are pegging India’s GDP to surpass 8%, pushing India’s GDP growth beyond 6.5%
Last-Mile Banking With SBI
India's largest lender leads financial inclusion, leveraging its vast network of branches, banking correspondents and financial literacy centres.
SBI board approves fundraising of ₹50,000 cr in FY24
The funds will be raised by the issue of debt instruments, including Basel III compliant additional tier 1 and tier 2 bonds
₹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
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.
