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State Bank of India
Setty to become new chairman of SBI; FSIB recommends him as successor of Khara
Setty, who was appointed managing director in January 2020, currently looks after International Banking, Global Markets and Technology verticals.
29 June 2024, 15:29 IST
Setty to become new chairman of SBI; FSIB recommends him as successor of Khara
29 June 2024, 15:29 IST
SBI plans to open 400 branches in FY25: Chairman Khara
The country's biggest lender opened 137 branches last fiscal. Of the total, 59 new rural branches were launched.
23 June 2024, 10:23 IST
SBI plans to open 400 branches in FY25: Chairman Khara
23 June 2024, 10:23 IST
SBI Chairman pitches for tax relief on interest income in Budget
Currently, banks are required to deduct tax when interest income from deposits held in all the bank branches put together is more than Rs 40,000 in a year. With regard to savings accounts, interest earned up to Rs 10,000 is exempt from tax.
19 June 2024, 10:13 IST
SBI Chairman pitches for tax relief on interest income in Budget
19 June 2024, 10:13 IST
SBI plans Rs 10,000 crore infrastructure bond issue, bankers say
SBI is likely to invite bids for the bond issue in early July, the bankers said.
18 June 2024, 07:35 IST
SBI plans Rs 10,000 crore infrastructure bond issue, bankers say
18 June 2024, 07:35 IST
SBI expects 14-15% credit growth in current fiscal: Chairman Khara
'Normally the way we look at it is that the GDP growth rate plus inflation and 2-3 per cent over that. That gives us the number around 14 per cent or so. Hence, 14-15 per cent credit growth depends upon the opportunities available for lending, and it meets our risk appetite. We will be happy to grow at this pace', the Chairman said.
17 June 2024, 09:09 IST
SBI expects 14-15% credit growth in current fiscal: Chairman Khara
17 June 2024, 09:09 IST
State Bank of India to raise up to $3 bln via debt in FY25
The state-run lender will raise the funds in one or more tranches through a public offer or a private placement of senior unsecured notes, which will be denominated in US dollars or another major foreign currency.
11 June 2024, 09:17 IST
State Bank of India to raise up to $3 bln via debt in FY25
11 June 2024, 09:17 IST
Public sector banks' total profit crosses Rs 1.4 lakh crore in FY24
In percentage terms, Delhi-based Punjab National Bank had the highest net profit growth with 228 per cent to Rs 8,245 crore, followed by Union Bank of India with a 62 per cent rise to Rs 13,649 crore and Central Bank of India with a 61 per cent increase to Rs 2,549 crore.
14 May 2024, 09:09 IST
Public sector banks' total profit crosses Rs 1.4 lakh crore in FY24
14 May 2024, 09:09 IST
India extends $50 million budgetary support to Maldives as goodwill gesture
The State Bank of India has subscribed for one more year to the $50 million Government Treasury Bill, issued by the Ministry of Finance of Maldives, upon maturity of the previous subscription.
13 May 2024, 14:25 IST
India extends $50 million budgetary support to Maldives as goodwill gesture
13 May 2024, 14:25 IST
SBI Q4 profit rises 18.18% to Rs 21,384.15 cr
SBI's profit in FY24 up 20.55 per cent to Rs 67,084.67 crore as compared to Rs 55,648.17 crore in FY23.
09 May 2024, 08:46 IST
SBI Q4 profit rises 18.18% to Rs 21,384.15 cr
09 May 2024, 08:46 IST
Electoral bonds: Plea in SC seeking SIT probe into alleged quid pro quo between parties, corporates
The plea, filed through advocate Prashant Bhushan, has sought a direction to the authorities to investigate the source of funding of 'shell companies and loss-making companies” to various political parties, as has been disclosed through the electoral bonds data.
24 April 2024, 07:53 IST
Electoral bonds: Plea in SC seeking SIT probe into alleged quid pro quo between parties, corporates
24 April 2024, 07:53 IST
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