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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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SBI Eco Research forecasts Q3 FY24 GDP growth at 6.8% amid global complexities

According to their report, the GDP growth is likely to be at 6.8 per cent, based on an unchanged ba…

ANI   


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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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Domestic GDP growth on firm footing, growth slightly revised upwards: SBI study

Country's largest commercial lender State Bank of India (SBI) said that domestic GDP growth is now …

PTI   


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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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Status quo: Markets trade flat after RBI MPC leaves repo rate unchanged at 6.5%

RBI MPC keeps repo rate at 6.5%. Governor optimistic about inflation and GDP growth. Nifty gainers:…

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Sensex scales 76,000 peak, Nifty hits new high before closing lower; IndusInd, L&T, SBI biggest gainers

Sensex scaled the 76,000 level for the first time while Nifty hit a new lifetime peak before closin…

PTI   


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Entero Healthcare Solutions slips below issue price on debut day

The stock of Entero Healthcare Solutions fell 4% below its issue price, as it debuted on the exchan…

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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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1 min read

SBI posts 9.13% rise in consolidated net profit to Rs 16,099 crore in Q2

On a standalone basis, it posted a net profit of Rs 14,330.02 crore as against Rs 13,264.52 cro…

PTI   


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SBI posts 9.13% rise in consolidated net profit to ₹16,099 crore in Q2

The country's largest lender SBI on Saturday reported a 9.13 per cent growth in consolidated net pr…

PTI   


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SBI’s core business stays strong despite one-time hit on account of higher wage costs in Q3

India’s largest bank SBI saw its third quarter profits slip by 35.5% as it took a ₹7,100 exceptiona…

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India’s post-pandemic rise not uneven but shows the rise of the middle class, says SBI report

India’s income inequality has been debated since times immemorial. After the pandemic, the term K-s…

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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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India's rural-urban income gap declines sharply amid fall in poverty level: SBI Report

Along with the sharp decline in poverty in India, there has also been a marked reduction in the rur…

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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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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…

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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…

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India unlikely to be hit as hard by global recession as other countries: SBI chairman

With a projected growth rate of 6.8 per cent and inflation "much under control", India is doing …

PTI   


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SBI Q4 results: India’s largest lender posts record quarterly net profit of ₹16,695 crore, up 83% YoY

State Bank of India (SBI) on Thursday posted its highest-ever standalone quarterly net profit of ₹1…