SBI forecasts GDP growth for Q3 FY25 at 6.2-6.3%
The State Bank of India (SBI) has forecast GDP growth for Q3 FY25 at 6.2-6.3 per cent. ”Assuming there are…
The State Bank of India (SBI) has forecast GDP growth for Q3 FY25 at 6.2-6.3 per cent. ”Assuming there are…
Within a span of hardly eight hours, two separate incidents of cyber fraud and money-loot at two ATM counters of a nationalised bank in Survey Park and Howrah respectively since Friday night once again exposed how safety and security systems at ATM counters are not properly monitored in the state.
The Reserve Bank of India (RBI) has superseded the Board of Directors of New India Co-operative Bank for 12 months, citing poor governance standards.
The State Bank of India Ltd (SBI) has reported an 84% increase in net profit (Profit After Tax) at Rs 16,891 crore for the quarter ended December 31, 2024 (Q3FY25) as compared to its net profit of Rs 9,164 crore in the year-ago period, according to a release issued here on Thursday.
The State Bank of India has lodged a FIR at Faridpur police station under Asansol Durgapur Police Commissionerate (ADPC) alleging that some people have cheated by taking a personal loan of Rs 1.3crore plus from its branch by submitting fake documents.
SCNL said the private placement of bonds to SBI carry a coupon rate of 10.20 per cent per annum, payable semi-annually.
A seasoned banker, Sengupta, has more than 30 years of experience with the State Bank of India.
The bank originally received 93 per cent subscriptions but after adding the anchor investors' portion the total numbers rose to 95 per cent.
One-year MCLR, to which majority of the consumer loans are tied, now stands at 7.40 per cent against 7.60 per cent earlier.
The FPO issue will open from July 15 to July 17 and bidding by anchor investors will be held on July 14.
