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Tag: SBI

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SBI hikes MCLR-based lending rates by 10 bps
  • BFSI

SBI hikes MCLR-based lending rates by 10 bps

  • 16/02/2023
  • 0

The nation’s largest lender State Bank of India on Wednesday marginally increased the short-term lending rates across overnight to three year maturities by 10 basis […]

Don’t see loan exposure to Adani as an issue for SBI, says CreditSights
  • BFSI
  • Enterprise

Don’t see loan exposure to Adani as an issue for SBI, says CreditSights

  • 07/02/2023
  • 0

Research firm CreditSights on Tuesday said that it does not see the loan exposure to Adani Group stocks as an issue for the State Bank […]

SBI says further financing to Adani projects to be evaluated on merit
  • BFSI

SBI says further financing to Adani projects to be evaluated on merit

  • 04/02/2023
  • 0

State Bank of India, the country’s largest lender, said on Friday it has no concerns so far regarding its exposure to the embattled Adani Group […]

SBI, BoB say Adani exposure within limits, payments on track
  • BFSI
  • Enterprise

SBI, BoB say Adani exposure within limits, payments on track

  • 04/02/2023
  • 0

Two top public sector banks have said that their loan exposure to the Adani Group is being serviced regularly and its well within their corporate […]

India’s largest bank SBI has $2.6 billion of loans to Adani Group companies
  • BFSI
  • Enterprise

India’s largest bank SBI has $2.6 billion of loans to Adani Group companies

  • 03/02/2023
  • 0

State Bank of India, the country’s largest financier, has given loans of as much as $2.6 billion to companies in the Adani conglomerate, or about […]

No bad news is good news; pvt capex will take one more year to revive: Bankers
  • BFSI

No bad news is good news; pvt capex will take one more year to revive: Bankers

  • 02/02/2023
  • 0

Bankers welcomed Finance Minister Nirmala Sitharaman’s budget proposals as being growth accretive, and hailed the focus on capital expenditure while continuing with fiscal consolidation. On […]

Warehousing Development Regulatory Authority signs pact with SBI
  • BFSI

Warehousing Development Regulatory Authority signs pact with SBI

  • 17/01/2023
  • 0

Warehousing Development Regulatory Authority (WDRA) has signed a memorandum of understanding with State Bank of India to help farmers in getting low interest rate loans. […]

SBI, ICICI Bank, HDFC Bank continue to remain systemically important banks: RBI
  • BFSI

SBI, ICICI Bank, HDFC Bank continue to remain systemically important banks: RBI

  • 03/01/2023
  • 0

The Reserve Bank of India said that State Bank of India, ICICI Bank and HDFC Bank continue to be domestic systemically important banks (D-SIBs) which […]

SBI asks field functionaries to desist from mis-selling of insurance products
  • BFSI

SBI asks field functionaries to desist from mis-selling of insurance products

  • 02/01/2023
  • 0

Within days of the finance ministry issuing a diktat against miss-selling, the State Bank of India (SBI) has asked its field officers to desist from […]

SBI’s personal banking advances excluding home loans cross Rs 5 lakh-cr mark
  • BFSI
  • Enterprise

SBI’s personal banking advances excluding home loans cross Rs 5 lakh-cr mark

  • 06/12/2022
  • 0

State Bank of India’s (SBI)’s non home loan retail book has surpassed the milestone of Rs. 5 lakh crore, growing over Rs 1 lakh crore […]

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