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Air India to sell 2 properties to SBI, may fetch Rs 50 crore
New Delhi: Scouting for funds, Air India is in advanced discussions with public sector lender SBI for sale of at least two residential properties that could net nearly Rs 50 crore, airline and banking...
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Nothing legally wrong in promoters bidding for NCL assets: SBI
Mumbai: Amidst reports that some lenders are not happy with promoters of stressed companies facing insolvency process participating in bidding process for the troubled assets, State Bank on Monday said...
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Demonetisation led to multiple benefits, lower interest rates: PMO
New Delhi: Banks have lowered their lending rates by about 1 per cent post demonetisation, the Prime Minister's Office on Tuesday said, citing "multiple benefits" of the scrapping of old high-value...
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Limited space for further cut in lending rate: SBI chief
New Delhi: State Bank of India Chairman Rajnish Kumar on Thursday said that there is limited space for further easing of the lending rate.It seems so, he said in reply to a question if the rate cut...
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SBI Q2 net up at Rs 1,840 crore; standalone profit slips by 37.9%
Mumbai: The country's largest lender SBI on Friday posted multi-fold jump in consolidated net profit at 1,840.43 crore for the second quarter ended on September 30, boosted by sale of its stake in SBI...
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SBI shares up over 6%; mcap rises by Rs 16,789.92 crore on Q2 numbers
New Delhi: Shares of SBI on Friday soared over 6 percent, adding Rs 16,789.92 crore to market valuation, after the company posted multi-fold jump in consolidated net profit for the second quarter ended...
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India may not have to wait 13 years for next upgrade: SBI report
New Delhi: With the government committed to fiscal consolidation, India might not have to wait for 13 long years for next sovereign upgrade by a rating agency, a SBI research report said today.The...
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Moody's upgrade to benefit financial sector the most: Bankers
Mumbai: Bankers on Friday lauded the sovereign ratings upgrade by Moody's to Baa2, saying the long-pending move is a thumbs up to the reforms and an enabling factor for the economy, particularly the...
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Section of PSU bank unions threatens strike on December 27
New Delhi: A section of bank unions have given a strike call for December 27 for early implementation of wage revision for IDBI Bank employees which has been due since 2012.Following the strike call,...
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RBI may be holding back Rs 2,000 notes, says SBI report
New Delhi: The Reserve Bank of India (RBI) may either be holding back Rs 2,000 notes or could have stopped printing high denomination currency, says a SBI Research report.Juxtaposing the data presented...
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FM Arun Jaitley announces contours of electoral bonds for political funding
New Delhi: In a bid to clean up election funding, Finance Minister Arun Jaitley on Tuesday came out with contours of new 'electoral bonds' that can be bought from specified branches of SBI and used to...
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No proposal of PSB merger under consideration: Govt
New Delhi: Union minister Shiv Pratap Shukla on Tuesday said no proposal regarding merger of Public Sector Banks (PSBs) is under consideration of the government.However, the government has put in place...
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SBI seeks applications for post of deputy manager: Qualification, age limit,...
The State Bank of India (SBI) has invited invitations for the post of deputy manager. There are as many as 50 vacancies in total, and the basic qualification for the same is chartered accountancy from...
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Nifty crosses 11,000, Sensex breaches 36,000 on IMF cheer
The NSE Nifty on Tuesday sailed past the 11,000 mark, while the BSE Sensex breached the 36,000 level for the first time after an International Monetary Fund (IMF) report showed India was set to regain...
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SBI clerk recruitment notification 2018: Apply for 8,301 Junior Associate...
State Bank of India (SBI) has invited candidates for the appointment of Junior Associate (Customer Support & Sales) in clerical cadre to fill 8,301 posts. The online registration has started from...
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SBI reports Q3 loss at Rs 2,416 crore; provisions for bad loans rise 6%
India's largest bank, State Bank of India (SBI), on Friday said it closed the third quarter of the current fiscal with a net loss of Rs 2,416.37 crore.In a regulatory filing to the BSE, the bank said...
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Bad loans hurt state-run banks, push SBI to surprise third-quarter loss
Mumbai: State Bank of India (SBI), the nation's top lender by assets, reported a surprise third-quarter net loss on higher bad-loan provisions and lower trading income, but it said it expected an...
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Taal Thok Ke: Do taxpayers pay tax for these scams? Special Debate
This segment of Zee News brings to you discussion on the topic do taxpayers pay tax for these scams? Watch Special Debate only on Taal Thok Ke. Domain: IndiaEnglish Title: Taal Thok Ke: Do taxpayers...
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State Bank of India to issue first electoral bonds from March 1
New Delhi: The State Bank of India (SBI) has been authorised to issue and encash first electoral bonds from March 1 this year.The first sale of Electoral Bonds will commence from March 1 for a period...
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Co-brandings with e-commerce players not up to expectation: SBI chief Rajnish...
Country's largest public sector lender State Bank of India (SBI) has said that its tie-ups with various e-commerce players, including Snapdeal and Flipkart, have not yielded the desired results so far...
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