India News
Search Web Directory
State Bank of India Related news
Nifty Realty index hits 52-wk high; DLF, Sunteck, Oberoi Realty up over 2%
Posted on 9th January 2020

Shares of real estate companies advanced at the bourses on Thursday, gaining up to 6 per cent on the National Stock Exchange (NSE), after the State Bank of India (SBI) launched a Residential Builder Finance with Buyer Guarantee (RBBG) scheme to safeguard home buyers financially.

Sunteck Realty, Indiabulls Real Estate, DLF and Oberoi Realty were up more than 2 per cent each on the NSE in the intra-day trade today. Meanwhile, Sobha, Mahindra Lifespace Developers, and Godrej Properties gained in the range of 1 to 2 per cent.

Bank employees' strike to impact clearance of cheques worth Rs 21,500 crore
Posted on 8th January 2020

Bank unions have claimed that cheques worth Rs 21,500 crore will not be cleared on Wednesday due to the bank employees’ strike.

Five trade unions from the banking industry including AIBEA, AIBOA, BEFI, INBEF and INBOC, employees of RBI, co-operative banks, RRBs have joined the National General Strike called by the central trade unions - INTUC, AITUC, HMS, CITU, AIUTUC, TUCC, SEWA, AICCTU, LPF and UTUC along with various independent federations and unions in different sectors to protest against the alleged continued anti-worker labour policies of the government.

SBI, PNB, BoB slip up to 4% as US-Iran tension push bond yields higher
Posted on 6th January 2020

Banking counters, including Punjab National Bank, Bank of Baroda, State Bank of India, and Canara Bank slipped over 4 per cent on the National Stock Exchange (NSE) in the early deals on Monday as heightened tensions between the United States and Iran pushed bond yields higher in India.

US President Donald Trump on Sunday vowed major retaliation if Iran tried to avenge the death of its key military commander Qasem Soleimani, who was killed by the US military on Friday.

Realty company Peninsula Land defaults on repayment of loan from SBI
Posted on 2nd January 2020

Peninsula Land Ltd, a real estate company promoted by Ashok Piramal Group, has defaulted on repayment of a loan from the State Bank of India (SBI).

The default of Rs 2.35 crore happened on November 30, 2019 on term loan of Rs 177.7 crore. The default is on payment of interest and principal component of the loan. The rate of interest is 9.95 per cent, according to company's filing with exchanges.

Home loan EMIs to reduce as SBI cuts external benchmark rate by 25 bps
Posted on 30th December 2019

The country's largest lender State Bank of India (SBI) on Monday announced reduction in its external benchmark-based rate by 25 basis points to 7.80 per cent from 8.05 per cent.

The new rates will be applicable from January 1, 2020, the bank said in a statement.

PSBs in focus: PNB, Bank of Baroda up over 4% on RBI's Operation Twist 2.0
Posted on 27th December 2019

Public sector banks (PSBs) were in focus on Friday, with Nifty PSU Bank index gaining more than 3 per cent on the National Stock Exchange (NSE), on expectation that the banks would benefit from lower yields on government bonds.

At 10:45 am, Nifty PSU Bank index was trading as the top gainer among key sectoral indices, and was up 3.2 per cent, as compared to a 0.64 per cent rise in the benchmark Nifty50 index.

Most banks will improve stressed assets by March, says SBI chairman
Posted on 21st December 2019

SBI Chairman Rajnish Kumar on Saturday said most banks will be in a good position with respect to stressed assets by March and there is no dearth of liquidity in the system for lending.

He added that there are opportunities to lend in sectors such as infrastructure and consumer lending as there is not much of a decline in demand from consumers.

Public sector bank unions decide to join national strike called on Jan 8
Posted on 20th December 2019

Bank unions have decided to join the national general strike which has been called on January 8, 2020. The strike has been called in protest against the central govt's labour policies and banking reforms, said the unions.

Central Trade Unions viz. INTUC, AITUC, HMS, CITU, AIUTUC, TUCC, SEWA, AICCTU, LPF and UTUC along with various independent Federations and Unions in different Sectors have given the call for national general strike on January 8, 2020 to protest against labour policies of the government.

Syndicate Bank, SBI add up to 6% as RBI to buy and sell bonds via OMOs
Posted on 20th December 2019

Banking stocks, especially public sector banks including Syndicate Bank, Indian Bank, and State Bnak of India (SBI), added up to 6.2 per cent on the National Stock Exchange (NSE) on Friday after the Reserve Bank of India (RBI) decided to buy and sell bonds worth Rs 10,000 crore via open market operations.

In a statement on Thursday, the RBI said it will simultaneously buy and sell government bonds worth Rs 10,000 crore each on December 23, through Open Market Operations (OMOs).

SBI, other PSBs to lend Rs 4,000 cr to Patanjali for Ruchi Soya acquisition
Posted on 17th December 2019

State Bank of India (SBI) and other public sector banks have decided to lend Rs 4,000 crore to Patanjali Ayurved for the acquisition of Ruchi Soya, which was facing bankruptcy proceedings under the Insolvency and Bankruptcy Code.

The money lent by banks will help the government owned banks to settle their exposure to Ruchi Soya with a haircut of 65 per cent. Apart from SBI, Union Bank is also one of the banks lending to Patanjali.

» Post a FREE Classified Advertisement
Inviting Real Estate Agents, Job Placements Agents, Educational Institutes, Software Service Providers, Real Estate Builders, Marriage Bureaus, Travel Agents, Restaurant Owners, Health & Fitness Centers and other Local Businesses to Post a FREE Classified Advertisement on Classifieds Website.
Jobs in India India Real Estate Automobiles Matrimonials Beauty & Fitness

Most Read News

Goa police arrests 8 people with demonetised currency worth Rs 1.5 crore

Illegal apartment complex in Kerala demolished; SC order implemented

Nirbhaya case: SC to hear curative petitions by two convicts on Jan 14

Centre notifies Citizenship Act amid protests; SC to hear pleas on Jan 22

Panasonic Life to invest Rs 600 crore for electrical equipment near Chennai

More India News

  India Web Directory
Business Profiles
Automotive Directory
IT/ITES/BPO Directory
Hotel Directory
Health Directory
Business Directory
Gems & Jewellery
Education Directory
Real Estate Directory
Agriculture Directory
Logistics Directory
Yellow Pages
NRI Guide
Photo Galleries
Global Web Directory
*** FREE India Classifieds
Order Premium Listings
Submit a Site
Business Reviews
About us
Link to us
Contact us
Google Search Keywords: India Catalog, IndiaCatalog, India Web Directory
    © 1999 - 2020
    All Rights Reserved
Privacy Statement