Mon, May 13, 2024
Benchmark equity indices Sensex and Nifty have been volatile for quite some time and experts believe that it will continue till the elections are over. Amid this, there is a good opportunity for investors to invest in stocks with a long-term view.
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Fri, May 10, 2024
SBI share price today: Shares of State Bank of India (SBI) hogged the limelight on Friday, May 10 following brokerages' mixed reaction, a day after the country’s leading state-run lender released its March quarter results beating analysts' estimates by a wide margin.
Thu, May 09, 2024
SBI Dividend 2024: PSU bank declares 1370% dividend - Check record and payment dates
Tue, Jan 19, 2021
Bank Interest Rate: After the COVID-19 pandemic outbreak, Bank interest rate on saving accounts has been going down.
The State Bank of India (SBI) has released the SBI PO Prelims 2021 results. The candidates who had appeared in the SBI PO Prelims 2021 examination can check their result on the official website of SBI—sbi.co.in.
Mon, Jan 18, 2021
Sumeet Bagadia, Executive Director of Choice Broking recommends buying in SBI, ICICI Bank and Yes Bank for market participants. While SBI is the largest PSU Bank in the Banking Sector, ICICI Bank and Yes Bank are from the private banking space. The detailed technical analysis of the 3 stocks are highlighted below for better understanding of readers.
Fri, Jan 15, 2021
SBI FOREIGN CURRENCY BOND: State Bank of India (SBI) listed Foreign currency Bonds of $600 Million under its USD 10 Billion Global Medium Term Note Programme on India INX’s Global Securities Market (GSM).
Thu, Jan 14, 2021
SBI and HDFC Bank share prices: HSBC says in Q3 FY21, bank credit growth remained muted at 5-6% yoy. However, as the economy gradually started unlocking, banks saw credit growth recovering. Sales trends in housing, passenger vehicles and consumer durables have witnessed steady improvement. Deposit growth (at 11% yoy) has also remained robust despite the lower interest rates on offer. Movement in bank lending rates and deposit rates indicates stable NIMs. Fee income should improve sequentially on higher disbursements, but be partly offset by an increase in operating costs.
IRCTC SBI RuPay Credit Card comes packed with many features. The IRCTC SBI RuPay card was launched in July 2020 jointly by the State Bank of India (SBI), the Indian Railway Catering and Tourism Corporation (IRCTC) and the National Payments Corporation of India (NPCI).
SBI vs HDFC Bank vs ICICI Bank - Senior Citizen Special FD Scheme: SBI, HDFC Bank and ICICI Bank have extended this offer till 31st March 2021.
Motilal Oswal says while Liquidity and rates remain supportive; earnings are revived. Despite the COVID-related challenges, the Nifty has ended CY20 with a 15% return. A 80% reduction in active COVID-19 cases since Sep’20; strong corporate earnings in Sep’20, which resulted in upgrades; and faster than anticipated economic and demand recovery, along with a supportive liquidity and interest rate backdrop, have provided the necessary triggers. Economic indicators continue to turn positive which could start the next upgrade cycle and liquidity flows across Emerging Markets could remain strong which bodes well for Indian markets.
Tue, Jan 12, 2021
Private banks continued to make good progress in increasing their share in CASA deposits, although the pace has slowed down in the past few years. However, they continue to make significant share gains in term deposits. PSU banks have ceded 250 bps market share in term deposits and 80 bps in CASA deposits in FY2020. Private banks and SFBs (Small Finance Banks) accounted for most of the gains although foreign banks have seen an improvement in current account deposits. Steady expansion and focus coupled with better products and interest rates have helped private banks gain market share.
Mon, Jan 11, 2021
SBI Senior Citizen Saving Scheme: Apart from ICICI Bank and HDFC Bank, the State Bank of India (SBI) has also increased the deadline for Senior Citizen Special Fixed Deposit Scheme 'We Care' from 31st December 2020 to 31st December 2021.
SBI FD Interest Rates: The State Bank of India (SBI) has revised its fixed deposit (FD) interest rates in select maturity tenor. The new SBI FD rates have become applicable from 8th January 2020 on all retail FDs less than Rs 2 crore.
Some good news is expected in Jain Irrigation, resolution plan has been approved after discussion with the lenders and debt restructuring will happen in the company. SBI is the lead banker and the resolution plan has been approved. Promoter funding of upto Rs 130 cr expected in Jain Irrigation and they will infuse the amount in the company. Condition on which the resolution has been approved is indeed interesting. Notably, overall restructuring is going to happen in Jain Irrigation.
Sat, Jan 09, 2021
If you are an SBI account holder, you might experience some banking issues today, i.e January 9. As per the State Bank of India, it is upgrading its UPI platform.
Fri, Jan 08, 2021
SBI Home Loan Calculator EMI Impact: Waiving off the processing fee and further cutting down the home loan interest rate, the State Bank of India (SBI) has announced big bonanza for the homebuyers.
India’s central bank through ‘RBI Says’, a Public awareness initiative of the Reserve Bank of India @rbi, has asked citizens to be careful while dealing with online transactions.
State Bank of India (SBI) home loan interest rate is already lowest in the Indian banking sector, but to offer more attractive concessions to the homebuyers, country’s largest lender today announced a further interest rate cut of up to 30 bps.
Personal loan is one of the most sought avenue for money among the Indians because it's collateral-free. An applicant need not mortgage any asset for availing of this loan.
Thu, Jan 07, 2021
Raising the bar with newer offerings for the customers in the New Year, India’s largest fuel retailer Indian Oil has now teamed up with SBI, India’s largest lender, to launch the SBI-Indian Oil Co-branded RuPay Debit Card.
SBI online fraud Warning: Online fraud is at its peak in India with plethora of digital transaction and services provided by banks, financial institutions and other sources.
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