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2 mins read

SBI aims to become first financial firm to cross milestone of Rs 1 lakh crore profit: Chairman

SBI recorded a standalone net profit of Rs 61,077 crore in FY24, registering a growth of 21.59%.

PTI   


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1 min read

Ventive Hospitality files papers with Sebi to raise Rs 2,000-cr via IPO

Also, the company may consider a pre-IPO placement aggregating up to Rs 400 crore. If such plac…

PTI   


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2 mins read

External borrowings to meet capital needs putting pressure on bank's net interest margins, says a report by SBI Securities

The banks in the country are facing challenges due to a slowdown in deposit growth, according to a …

ANI   


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2 mins read

Discouraging retail play in F&O may help banks garner deposits: SBI Chairman

Khara said the budget announcements like the tweaks on the short-term and long-term capital gains w…

PTI   


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RBI unlikely to cut interest rate in 2024: SBI chief Setty

"On the rate front, a lot of central banks are taking independent calls. While Fed rate cut wou…

PTI   


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Amid Global uncertainties stock market will appreciate companies with good fundamentals: SBI report

Amid the heightened volatility in the Indian stock markets, a report by SBI funds highlighted that …

ANI   


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Credit growth in banks continues to exceed deposits, says new SBI report

The State Bank of India reported that credit growth in Indian banks has been consistently outpacing…

ANI   


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SBI able to support loan growth, lower deposit growth not a challenge: Khara

Some experts have been opining that this is due to flow of savings into higher yielding capit…

PTI   


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3 mins read

CPI inflation drops to lowest in five years but road ahead could be bumpy: SBI Report

India's CPI inflation dropped to 3.54% in July 2024, the lowest in nearly five years, due to a sign…

ANI   


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SBI report deciphers India's GDP surge and economic projections

India's GDP expanded by a remarkable 8.4 per cent during this period, following consecutive quarter…

ANI   


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4 mins read

Qatar Investment Authority unit, SBI funds, Citigroup biggest buyers in Adani Energy's USD 1 billion QIP

The Rs 8,373.10 crore (USD 1 billion) qualified institutional placement (QIP) of Adani Energy Solut…

PTI   


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1 min read

RK Swamy's ₹423-crore IPO to open on March 4, price band fixed at ₹270-288/sh

Integrated marketing services firm RK Swamy Ltd on Wednesday fixed a price band of Rs 270-288 per s…

PTI   


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3 mins read

Capital Small Finance Bank closes 7% below issue price on market debut

Capital Small Finance Bank’s stock slipped 7% on its debut on Wednesday morning. The stock listed a…

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2 mins read

TruAlt Bioenergy files IPO papers with Sebi; aims to mop up Rs 750 cr via fresh issue

The IPO is a mix of fresh issuance of equity shares worth Rs 750 crore and an offer for sale (OFS) …

PTI   


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2 mins read

Exposure to India's infra sector helps LIC, SBI outshine peers

Global majors, including Warren Buffet-owned Berkshire Hathaway, have been successful due to their …

PTI   


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Mobikwik replans market debut with plans of raising ₹700 crore

Fintech One Mobikwik Systems has filed a Draft Red Herring Prospectus (DRHP) with SEBI to raise ₹70…

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2 mins read

Stock market today: Sensex, and Nifty see marginal, cautious gains ahead of the union budget 2024 on July 23rd, 2024

Eicher Motors, NTPC, Grasim, ITC, and UltraTech Cement opened the day in green and were amidst the …

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SBI Life Q4 profit rises 4% to ₹811 crore

Net premium income in Q4FY24 stood at Rs 25,116 crore as against Rs 19,897 crore in the year-…

PTI   


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1 min read

Jana Small Finance Bank re-files IPO papers with Sebi

Jana Small Finance Bank Ltd has re-filed draft papers with capital markets regulator Sebi to mobili…

PTI   


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SBI net profit declines 35% to Rs 9,164 crore in Q3

India's largest lender State Bank of India on Saturday reported a 35% fall in standalone net profit…

PTI