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1 min read
SBI raises lending rates by 5 to 10 basis points; New loans to cost more
The State Bank of India (SBI) on Monday announced an increase in its Marginal Cost of Funds Based L…
ANI
2 mins read
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
1 min read
IndusInd Bank and Tata Power Renewable partner to provide collateral-free solar loans to MSEs
Through this collaboration, Tata Power Renewable and IndusInd aim to ease the transition to solar e…
2 mins read
Indian banks to have steady growth in earning over next 3-4 years, fees from unsecured lending may dip, notes Jefferies report
Jefferies reports Indian banks are poised for steady earnings and return growth over the next 3-4 y…
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
3 mins read
Congress criticises SBI's decision to convert SIIL debt into equity, urges RBI intervention
The State Bank of India (SBI), being SIIL’s largest lender, found itself at the centre of this fina…
2 mins read
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
2 mins read
SBI report says inflation will remain around 5 per cent this fiscal
Recent data indicates that the Consumer Price Index (CPI) inflation rose to 5.08 per cent in June 2…
ANI
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
2 mins read
India handled inflation much better than US, Germany and France: SBI Report
India has demonstrated a largely successful inflation-targeting regime compared to advanced economi…
ANI
2 mins read
Credit card growth experiencing a slowdown, as borrowers struggle to pay back loans
Growth in credit card spending across the system has dropped to about 13% year-on-year (y-o-y) in A…
2 mins read
SBI Caps report highlights optimistic outlook for the Indian economy, despite deteriorating global pitch
State Bank of India (SBICAPS) report titled "Maintaining Momentum on a Deteriorating Global Pitch" …
ANI
2 mins read
SBI fraud case: CBI finally arrests offender who frequently changed identity, was proclaimed dead by court
A CBI press release said V Chalapathi Rao avoided arrest by frequently changing his identity and …
PTI
3 mins read
RBI tightens norms on personal loans for banks and NBFCs; stocks to be under pressure
Shares of SBI Cards, RBL Bank, HDFC Bank and ICICI Bank are expected to come under pressure after…
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
3 mins read
RBI crackdown on personal loans – Bajaj Finance, IIFL, Aditya Birla and SBI Cards to take a bigger hit, say analysts
Reserve Bank of India’s crackdown on personal loan disbursals by banks and non-banking finance comp…
2 mins read
ADB approves $240.5 million loan for rooftop solar systems in India
The Asian Development Bank (ADB) has approved a loan of USD 240.5 million to finance rooftop solar …
ANI
1 min read
SBI enters social loan market, raises $1 billion from overseas markets
The deal is the largest ESG (Environmental, Social and Governance) loan by a commercial bank in the…
PTI
3 mins read
Loan growth showing signs of reversal from cyclical highs, but asset quality to remain healthy
Loan growth in the Indian banking sector is starting to show signs of reversal from cyclical highs …
3 mins read
Weak debut: Jana Small Finance Bank lists at 4% discount to IPO price
Jana Small Finance Bank listed with muted gains on Wednesday morning on Dalal Street. The stock l…