Bank Credit Beats Deposit Growth at Busy Biz Cycle
In India, the Banks are beholding a high credit growth associated with deposits. The credit growth has closely been turned to double the growth in...
Tag : sbi
Markets Extend Losses After Fed Hikes; IT Stocks Dragged the Most
Market indicators remained subdued for a second session on Thursday after the Federal Reserve raised interest rates by 75 basis points for the fourth time...
RBI to Launch First Pilot Project for Digital Rupee Today
The Reserve Bank of India (RBI) is set to launch the first pilot project of a central bank digital currency (CBDC) or e-rupee on Tuesday,...
Sensex Gains Over 1,000 Points, Nifty Reclaims 17,300 Points, Infosys Jumps 4%
In line with global stock markets, benchmark stock indexes opened higher on Friday, led by IT, banking and financial stocks gains. The BSE Sensex was...
SBI and Union Bank of India Set to Raise Rs 5,500 Crore
State Bank of India (NSE -1.81%) (SBI) and Union Bank of India will raise a total of about Rs 5,500 crore in 15-year bonds locally,...
SBI Joins Rs 5 Trillion Market Cap Club, Shares Up 26% in 3 Months
Public lender State Bank of India (SBI), whose market capitalisation hit an all-time high of Rs 564.45 on Wednesday, rose 1% in insider trading, hitting...
Sensex Surges 350 Points, Nifty Reclaims 18,000 for First Time Since April
Benchmark stock indexes continued to rise on Tuesday, opening higher on Tuesday, despite disappointing data on the international investment position and inflation. IT and banking...
Sensex Crosses 60,000 Mark for First Time in More Than 4 Months
India’s stock market benchmark opened in the green on Wednesday, with the Sensex breaking the 60,000-point mark in intraday trading for the first time since...
SBI Produces Tool For Top Executives’ Grooming
State Bank of India (SBI), the largest lender in India, announced its plans to modify its leadership programme to aid senior executives who have worked...
Yield Rise Erodes Bank Profits in Q1, SBI worst hit, Canara Gains
A jump in bond yields during the June quarter of 2022 negatively impacted all large lenders. Of eight major banks, only two have escaped losses....