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.
ICICI Bank, in a regulatory filing on Tuesday, announced it has cut interest rate.
At the national level, the FI&MM vertical will be headed by deputy managing director (DMD) Sanjeev Nautiyal.
The new rates came into effect from May 27 (Wednesday), the bank mentioned on its website.
The SBI has filed a complaint with the Central Bureau of Investigation (CBI) against the Ram Dev International Ltd accusing it of defrauding the bank to the tune of Rs 173 crore.
The bank also slashed its interest rates on retail term deposits by 20 basis points for 'up to 3 Years' tenor, effective from May 12.
