State Bank of India EGM

State Bank of India registers 9% y-o-y decline in Q4 net profit

 Copy Link

The business reported a Net Interest Income (NII) registered a growth of 1.5% to ₹42,774 Crore versus ₹41,655 Crore in Q4FY24.

Top Stocks for Today - 5th May 2025

 Copy Link

Here are some of the stocks that may see significant price movement: State Bank of India, Avenue Supermarts, JSW Steel, etc.

SBI Card Appoints Salila Pande as MD and CEO, Effective April 1, 2025

 Copy Link

Her experience as President & CEO of SBI California enabled the bank to successfully endure economic uncertainty during the COVID-19 pandemic.

SBI Stock Down After Rama Mohan Rao Amara Named MD

 Copy Link

The business also said that the appointment was made for a three-year term, beginning on the day he assumed responsibility for his position.

SBI and Muthoot Microfin launch co-lending initiative

 Copy Link

The initiative's intended beneficiaries include members of Joint Liability Groups (JLGs) engaged in agricultural and related industries.

SBI Raises $500M in 5-Year Bond Sale

 Copy Link

For bonds and loans denominated in dollars, the Secured Overnight Financing Rate (SOFR) has emerged as a crucial benchmark.

RBI Retains Key Banks as Systemically Important

 Copy Link

In addition to the capital conservation buffer, these banks are required to maintain an additional Common Equity Tier 1 (CET1) requirement.

SBI FD Programs Extended

 Copy Link

SBI's Amrit Kalash gives 7.10% interest for a 400-day term, while Amrit Vrishti offers 7.25% for 444 days.

SBI Sanctions ₹10,050 Crore for DVC's 1600 MW Thermal Power Project in Jharkhand

 Copy Link

The project involves the development of a 1600 MW (2x800 MW) thermal power plant in Koderma, Jharkhand, with a total cost of ₹14,357.74 Crore.

SBI head warns of banking gap in new industries

 Copy Link

He emphasised the necessity for banks to learn new abilities for evaluating new business sectors.