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Tag: State Bank of India

Mahindra Finance, SBI in co-lending pact for priority sector lending

Mahindra Finance, SBI in co-lending pact for priority sector lending

November 1, 2023November 2, 2023 · Banking

M&M Financial Services has entered into a co-lending partnership with the State Bank of India to offer affordable solutions to the NBFC’s customers. Also read: SBI onboards MS…

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SBI Card Sees Q3 Sparkle on Festive Season Spending Boost

SBI Card Sees Q3 Sparkle on Festive Season Spending Boost

October 29, 2023October 30, 2023 · Banking

SBI Cards & Payments Services (SBI Card), the country’s largest pure-play credit card issuer, is upbeat about clocking a better third quarter (Oct-Dec 2023) performance this year, riding…

Read more SBI Card Sees Q3 Sparkle on Festive Season Spending Boost
State Bank of India discusses India’s economy in light of global inflation

State Bank of India discusses India’s economy in light of global inflation

August 6, 2023August 6, 2023 · Banking

ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Dinesh Kumar Khara, chairman of the bank, says in many other countries, inflation is attributed…

Read more State Bank of India discusses India’s economy in light of global inflation
SBI’s Q1FY24 net profit could more than double: Broking firms

SBI’s Q1FY24 net profit could more than double: Broking firms

August 3, 2023August 3, 2023 · Banking

State Bank of India’s (SBI) net profit is likely to more than double in the first quarter vis-a-vis year ago period buoyed by robust net interest income and…

Read more SBI’s Q1FY24 net profit could more than double: Broking firms
State Bank of India launches ‘Transaction Banking Hubs’ for efficient solutions

State Bank of India launches ‘Transaction Banking Hubs’ for efficient solutions

July 1, 2023July 1, 2023 · Banking

State Bank of India (SBI) has launched 34 Transaction Banking Hubs in the top 21 district centres across the country to provide customers with quick and efficient transaction banking solutions.…

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There is a need to mobilise domestic and international flows to meet India’s green finance requirements: SBI Chief Khara

There is a need to mobilise domestic and international flows to meet India’s green finance requirements: SBI Chief Khara

June 17, 2023June 17, 2023 · Banking

There is a need to mobilise domestic and international flows from retail as well as institutional investors to meet the green finance requirements of the country, according to…

Read more There is a need to mobilise domestic and international flows to meet India’s green finance requirements: SBI Chief Khara
12 PSBs cross ₹1 lakh crore profit mark in 2022-23 aided by lower credit cost, strong recoveries

12 PSBs cross ₹1 lakh crore profit mark in 2022-23 aided by lower credit cost, strong recoveries

May 21, 2023May 21, 2023 · Banking

Top public sector banks have come out all guns blazing when it came to year-on-year bottom line growth in the just-ended March 2023 quarter, an analysis of results…

Read more 12 PSBs cross ₹1 lakh crore profit mark in 2022-23 aided by lower credit cost, strong recoveries
India’s banking system is resilient to U.S. banking stress, says State Bank of India’s chairman

India’s banking system is resilient to U.S. banking stress, says State Bank of India’s chairman

May 3, 2023May 3, 2023 · Banking

ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Dinesh Kumar Khara, chairman of State Bank of India, discusses the characteristics that make India’s…

Read more India’s banking system is resilient to U.S. banking stress, says State Bank of India’s chairman
India’s Global Happiness Index rank should be 46, not 126: SBI Ecowrap

India’s Global Happiness Index rank should be 46, not 126: SBI Ecowrap

April 2, 2023April 3, 2023 · Banking

India has been wrongly placed at 126th rank in the World Happiness Report 2023, according to the State Bank of India’s research report Ecorwap. “We estimate India at…

Read more India’s Global Happiness Index rank should be 46, not 126: SBI Ecowrap
SBI asks field functionaries to desist from mis-selling of insurance products

SBI asks field functionaries to desist from mis-selling of insurance products

January 1, 2023January 1, 2023 · Banking

Within days of the finance ministry issuing a diktat against mis-selling, the State Bank of India (SBI) has asked its field officers to desist from forced selling of…

Read more SBI asks field functionaries to desist from mis-selling of insurance products
Digital Rupee coming on Dec 1: How will it work and what does it mean for you?

Digital Rupee coming on Dec 1: How will it work and what does it mean for you?

November 30, 2022November 30, 2022 · Business

After months of anticipation, the Reserve Bank of India (RBI) on Tuesday said that it would launch its first pilot for retail digital Rupee, or e₹-R, on December…

Read more Digital Rupee coming on Dec 1: How will it work and what does it mean for you?
Rise in Indian corporate lending signals new investment cycle

Rise in Indian corporate lending signals new investment cycle

November 20, 2022November 20, 2022 · Business

Indian lenders are expanding lending to local corporations at the fastest pace in more than eight years, a sign of a new private investment cycle starting in the…

Read more Rise in Indian corporate lending signals new investment cycle
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