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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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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 …

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RBI's vigilance: New consumer credit norms to bolster India's financial stability amidst surging loan growth

In a proactive move aimed at mitigating potential systemic risks associated with the rapid growth o…

ANI   


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How to apply for emergency loan from SBI

India is currently under a nationwide lockdown and only essential services have been allowed to ope…

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8 mins read

SBI vs Bank of Baroda vs Canara Bank: How India’s top PSU banks performed in Q4

Indian PSU banks have yet again delivered another stellar quarter of earnings in the fourth quarter…

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1 min read

Not offering emergency loans through YONO platform: SBI

Media reports have stated that the public sector lender is offering emergency loans of up to Rs 5 …

PTI   


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India’s 20 state owned banks get about $5 billion back from a loan written off and they are thrilled

The amount of ₹34,250 crore ($4.61 billion) paid by Piramal will be through a combination of cas…

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4 mins read

Stock picks for 2023: L&T, SBI, Axis Bank among top brokerage picks for the new year

The year 2022 has been an eventful one, with multiple headwinds in the form of rising geopolitical …

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4 mins read

Only 5% of the government’s MSME emergency loan package is disbursed after a month ⁠— private banks are sitting tight

Private banks are yet to play their part. As part of the coronavirus stimulus package, the In…

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3 mins read

MSME sector is on a strong growth trajectory post the pandemic: SBI Research

MSMEs have shown resilience to bounce back from the pandemic-induced slowdown, with credit growth t…

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2 mins read

These banks are giving out emergency funds to help customers tide through the Coronavirus lockdown

Public sector banks including the State Bank of India, Union Bank, Andhra Bank and Indian Bank anno…

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2 mins read

Here’s how MSMEs can apply for loans from SBI, ICICI Bank and others

The government had also recently revised the definition of MSMEs by increasing the threshold lim…

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2 mins read

Bank of Maharashtra tops list of public sector lenders in loan growth, asset quality

The Bank of Maharashtra (BoM) has emerged as the top performer among state-owned lenders in terms o…

PTI   


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4 mins read

Time to buy banks? Morgan Stanley says yes as banks are entering 2nd leg of earnings upgrades

The theory of a post-Covid capex boom is gaining favour with analysts and financial institutions. T…

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Consumers in retail verticals may front load their purchases in niche areas due to rate hikes: SBI Research

Personal loans segment continued to perform well, registering an acceleration in growth to 14.7 per…

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3 mins read

Top Indian banks with the biggest chunks of loans to individual borrowers⁠— and coronavirus has triggered a huge risk

So far, the Indian banking system has total non-performing assets (NPA) worth ₹9.36 lakh crore (…

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2 mins read

SBI disburses Rs 8,700 cr to MSMEs under emergency credit guarantee scheme

"MSMEs formed a very crucial part of the announcements made under the 'Atmanirbhar Bharat Abhiyan'…

PTI   


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7 mins read

Seven more crypto billionaires have emerged this year

The Forbes crypto billionaire’s list has expanded by 58% featuring a total of 19 individuals. Newco…

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8 mins read

From home sales and jewellery to power consumption, these are all the sectors that are back to pre-pandemic levels

As sectors like railway, travel companies, hotels, luxury product firms start to report constant im…

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1 min read

Plenty of liquidity available in the system: SBI chairman

He said that government has taken steps to make direct bank transfers, a lot of emphasis on helping…

PTI