In March, the government had guaranteed a term loan of $1 billion extended by the SBI to Sri Lanka for financing the purchase of essential goods by the island nation from India.
The 30-share BSE benchmark gained 180.22 points or 0.34 per cent to settle at 52,973.84.
The lender had logged a net profit of Rs 1,330 crore in the same quarter of previous fiscal year.
The bank had posted a net profit of Rs 103 crore in the year-ago quarter.
The revised interest rates on bulk term deposits amounting to Rs 2 crore and above are effective from Tuesday.
The increase in the repo by RBI will push up the cost for most of the personal loans, auto and home loans for customers as the new loans post-October 2019 are...
The rates for new borrowers range between 6.70 per cent and 7.15 per cent, depending on credit and loan amount.
While hearing a petition on Wednesday, Justice Bhargav Karia expressed displeasure over the bank, the country's largest lender, withholding the no-dues...
State Bank of India releases process document with guidelines for safe digital transactions
TCS has been serving the largest pure-play credit card issuer in the country for a decade and the new deal is an expansion of the engagement.
The 30-share benchmark index, Sensex, lost 1,141.78 points or 1.95 per cent last week. From the top-10 pack, only Reliance Industries and Adani Green Energy...
More than 9.9 million Atal Pension Yojana accounts were enrolled during FY 21-22
The lender groups said that Future Group knew about its stores being taken over by Mukesh Ambani's Reliance Retail and did not provide any clear answers over...
Bank of Baroda was the first bank to hike MCLR-based lending rate, and then SBI followed suit. Now, Kotak Bank and Axis Bank have also increased their lending...
With the increase, EMIs will go up for those borrowers who have availed loans on MCLR, not for those, whose loans are linked to other benchmarks
This is the first offshore USD Secured Overnight Financing Rate (SOFR) linked syndicated loan raised by SBI through its Gift City branch.
NETC FASTag has been witnessing exponential year-on-year growth of 53% in terms of its transaction volume
JBIC is a policy-based financial institution of Japan, and conducts lending, investment and guarantee operations while complementing private sector financial...
The move comes after the company has revalued itself at Rs 5,257 crore now after the deal with Cube Highways of Singapore failed last year, due to regulatory...
While HDFC Bank, ICICI Bank, Hindustan Unilever Limited, State Bank of India, Bajaj Finance, HDFC and Bharti Airtel were among the laggards from the top-10...
GAIL has a deal to receive 2.5 million tonnes of liquefied natural gas (LNG) annually on a delivered basis from Russia's Gazprom.
SBI said it has placed these accounts for sale to asset reconstruction companies (ARCs)/banks/Non-Banking Financial Companies (NBFCs)/financial institutions...
The lowest interest rate offered by the government on provident fund is because of low interest regime currently prevailing in the economy
The Appointments Committee of the Cabinet (ACC) has approved the appointment of Bhatia as a member initially for a period of three years from the date of...
The SWIFT is the world's main banking messaging service which links around 11,000 banks and institutions in more than 200 countries, including India.