Page 6 - State Bank Of India

SBI sees green shoots in roads, city gas distribution and renewable sectors

PSUs seen as drivers of credit demand, which the bank sees growing by 5-7%; No major impact of coronavirus yet

SBI Cards IPO opens March 2: All you need to know about the $1.4 bn offer

No multi-bagger like IRCTC, but can deliver 50% listing gains, says Ambareesh Baliga, an independent market expert

SBI Cards IPO: Price band fixed in the range of Rs 750 to Rs 755 per share

At issue size of Rs 10,355 cr, the offering will be Asia's biggest this year and fourth-largest domestically

Planning to apply for SBI Cards IPO? Check out the eligibility criteria

Normally, IPOs are open for subscription for three days but SBI Cards IPO will run for four days. The first three days, i.e. from March 2 to March 4, the issue will be open for all bidders

SBI Cards aims to keep non-performing assets at 2.4-2.5%: CEO Prasad

Gross non-performing assets stood at 2.47% at the end of last year, down from around 2.9% in March 2018

SBI stock basking in optimism; stakes too high to disappoint investors

Optimism on the stock is highest in 15 years; easing of corporate sector stress in Q3 gave the much-needed comfort

SBI to hold mega e-auction for 1,000 stressed assets to recover dues

The bank published the advertisement for the proposed auction in newspapers as well as the social media

SBI Cards and Payment Services gets regulator Sebi's nod to float IPO

Sebi's observations are necessary for any company to launch public issues including initial public offer, follow-on public offer and rights issue

Payment of AGR dues to slash fiscal deficit to 3.5% in FY20: SBI economists

According to the revised budget estimates, the government expects a fiscal deficit of 3.8 per cent in 2019-20

State Bank of India to ink deal with exporters for credit assessment

Banks have strengthened compliance rules and cut loan exposure to the entire jewellery sector since the scam

SBI Admit Card 2020 out on sbi.co.in: Know SBI Prelims date, other details

SBI Clerk Admit Card 2020: SBI would select candidates on the basis of preliminary exam and main exam

Budget 2020: SBI chairman Rajnish Kumar expects higher infra spending

I am expecting that the budget will be on reviving economic growth, says SBi Chairman Rajnish Kumar

India must have at least six banks in top 100 global list: Economic Survey

Equity markets also discount PSBs

Market Wrap, Jan 31: Sensex tanks 190 pts, Nifty below 12K ahead of Budget

State Bank of India posted a 41 per cent year-on-year growth in the standalone net profit at Rs 5,583 crore - its highest ever quarterly net profit-- for the December quarter of FY20

Work at state-owned banks affected as employee unions go on 3-day strike

Private sector lenders like ICICI Bank and HDFC Bank were working as usual.

BoM, SBI only PSBs rated 'good' in digital transactions in Dec: Govt data

For digital transactions, the government has given a target of 4,000 crore digital transactions for the current fiscal

SBI Q3 preview: Profit could take hit due to DHFL, interest income may rise

Analysts at Edelweiss expect divergence and provisions from DHFL to off-set the recoveries from the resolution of the Essar Steel account.

Operations may be impacted due to bank unions' two-day strike: SBI

Bank unions have called for a two-day nationwide strike on January 31 and February 1 after talks over wage revision failed to make headway with the IBA

Certain that some solutions will emerge to steady YES Bank: SBI chief

Kumar's statement follows speculation that the government, which controls SBI, may ask the lender to play a role in bailing out YES Bank

Recoveries from stressed assets will be much better in H2FY20: SBI Chairman

Rajnish Kumar is hopeful that resolution time of stressed asets will fall below 5 years