SBI seeks largest dollar-denominated loan of 2024 worth USD 1.25 bn: Report
The loan is being raised for general corporate purposes through its branch at the Gujarat International Finance Tec-City, the report said.
The loan is being raised for general corporate purposes through its branch at the Gujarat International Finance Tec-City, the report said.
State Bank of India (SBI) on Friday reported 28 per cent spike in net profit at Rs 18,331 crore for the quarter ended September 30, 2024. In the year ago period, it reported net profit of Rs 14,330 crore. On a sequential basis, SBI's Q2 profit rose 7.6 per cent from Rs 17,035.16 crore.
State Bank of India MD Rana Ashutosh Kumar Singh, CGM, Kolkata circle Satyendra Kumar Singh, network GMs Sanatan Mishra and Nand Kishor Singh and GM
Reliance Industries, ICICI Bank, State Bank of India, ITC, Hindustan Unilever, and Life Insurance Corporation of India (LIC) were the gainers, Tata Consultancy Services (TCS), HDFC Bank, Bharti Airtel, and Infosys faced erosion from their market valuation.
The number of crorepati taxpayers in India increased five times to 2.2 lakh in the income tax assessment year (AY) 2024, compared to AY 2014, according to a new report.
The country's largest lender -- State Bank of India -- has said it posted a surge of 74 per cent in its net profit to Rs 13,264 crore, against Rs 7,627 crore in the year-ago period.
After the pledge, a street corner play (Nukkad Natak) was staged on the Bank premises by LHO staff members, based on the story “Namak ka Daroga” written by Munshi Prem Chand.
‘Joy of Giving week is observed by SBI every year from 2nd to 8th October. Under this initiative, the collection, and donation of essential food items, and used but wearable clothes are undertaken voluntarily by the Bank’s employees. These items are donated to Old-age Homes and Shelter-Homes.
Commemorating Gandhiji's vision of Gram Swaraj, SBI Gram Seva was launched in 2017 to build and develop an Atmanirbhar Rural India. It is one of the flagship programs of the SBI Foundation, the CSR arm of the State Bank Group.
At the same time, Russian exports to the EU are now down roughly 60 per cent compared to June 2021 and further downward escalation is a reality. Notably, 90 per cent of the gas consumed in the region is imported.
